Show Notes:In today's episode, I talk about financial aid and the comically high cost of college. What's the difference between need-based aid, merit-based aid, and how Tier II colleges intentionally inflate their cost of attendance only to offer big discounts (disguised as a merit or academic scholarships) to make parents and students feel good about themselves and about paying $60K/year to attend. Learn how to not let such "enrollment management" practices entice you into paying more than you should.         Follow us:Enroll in PrepWell AcademyFollow on InstagramFollow on FacebookIf you want to support the show, here are three immediate steps to take.  Subscribe to the podcast where ever you listen to podcastsFollow me on Instagram or FacebookGive us a reviewShare this episode with a friendJoin our mailing listEnroll your 9th or 10th grader in the programPodcast Host: PrepWell Academy's Founder, Phil Black, has spent a lifetime cracking the code on the world's most competitive programs: Yale University, Harvard Business School, Navy SEALs, Goldman Sachs, Entrepreneurship, Shark Tank (2X), etc. Inside PrepWell Academy, Black teaches students everything they need to know about the college admissions process in a series of expertly-timed, 3-5-minute, weekly training videos starting in 9th grade and continuing through 12th grade [Note: this program can only be joined in 9th or 10th grade]. My specialties include military service academies, ROTC scholarships, Ivy League, and student-athletes.