PrepWell Podcast with Phil Black
PrepWell Podcast with Phil Black
Phil Black
Ep. 308 | When Is It Okay To Spend $400K On College?
12 minutes Posted Feb 22, 2026 at 8:32 am.
0:00
12:39
Download MP3
Show notes

In today's episode, I propose the only 5 cases which justify spending $400K on college. 

  1. you're rich
  2. you're poor
  3. your child has a $400K trust fund
  4. your child was born to be an investment banker
  5. your child won an ROTC scholarship

If your family doesn't fall into one of these categories, your child should not consider colleges that charge $100K/year. 

Follow us:

  1. Follow me on ⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠
  2. Give us a review
  3. Share this episode with a friend
  4. Join our mailing list (by opting in on the homepage or in this article)
  5. ⁠⁠⁠⁠⁠⁠Enroll⁠⁠⁠⁠⁠⁠ your 9th or 10th grader in the program

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.