Dealing With Student Loans | Your Money
College’s are masters of selling you the college experience but not the return on investment, says Leo Daprile, president of Gem Young Insurance and Financial Services in Canfield.
“Some people have this disconnect on what they’re going to school for,” Daprile says.
“When parents are looking at schools and they’re looking at the cost of debt and what this does to a person over time, they should really be looking at the return on investment, ‘if I go to this school and get this degree.’ “
When it comes to taking out student loans, Daprile says there needs to be more of a balance.
“Kids today need to be working part time when they go to school so when they come out they have more control over what the debt is.”
Original Air Date: July 13, 2021. Every Tuesday during the Dan Rivers show on News Radio 570 WKBN, Gem Young President Leo Daprile hosts a radio show called Your Money. Daprile brings his vast knowledge of all things “money” to discuss the topics in language everyone can understand.
Copyright 2022 The Business Journal, Youngstown, Ohio.