THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

Episode #1: Why College is Great - But Also Perilous

Oct 28, 2025
In this engaging discussion, Ric Edelman explores the crucial role of college decisions for families. He highlights the stark reality of college dropout rates and student debt, paired with the financial and health benefits of earning a degree. Ric identifies the top mistakes parents make that can lead to poor outcomes for their teens. He emphasizes the importance of setting specific goals for college success and shares effective study methods that turned his academic career around. Prepare for enlightening insights on navigating the complex college landscape!
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INSIGHT

Degree Benefits Vs Growing Risks

  • College graduates earn substantially more, live longer, and have better life outcomes than non-grads.
  • Yet rising costs, dropout rates, and long-term debt make college a risky default choice.
ADVICE

Parents Must Guide, Not Dictate

  • Do not assume your teen must go to college and do not abdicate involvement in the decision.
  • Guide choices with clear parameters on school, cost, major, living, and work expectations.
INSIGHT

High Regret And Major-Job Mismatch

  • Many graduates regret their choices: wrong major, wrong school, or even skipping college.
  • A large share of grads work outside their field or in jobs that don't require degrees.
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