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Podcast: THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
Episode: Episode #3: Make This Mistake, and College Will Lead to Your Teen's Ruin
Description: In this third episode of my special college series, I'm going to give you some hard truths that might make you uncomfortable – but they could save your teen's financial future.
I start by revealing a shocking statistic: engineering graduates earn $73,000 five years after graduation, while psychology majors earn just $40,000 – yet both degrees cost exactly the same at any given school. This isn't fair, and it's why you need to think about college as an investment that must generate a solid return.
Here's what I really want you to understand: the days of "follow your passion" advi...