Thank You, Ron Lieber 👏
July 20, 2021
I fell in love with journalism after watching All the President’s Men which detailed how dogged Washington Post reporters brought down a corrupt White House. Ever since then I have admired those who take on powerful special interests. So for me it was a special thrill to interview Ron Lieber, New York Times “Your Money” columnist about his newest book: The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make.
I have worked at colleges (and still do). I love colleges. I loved college. But something is deeply wrong with a system that costs so much and whose pricing system is so mysterious. Ron’s book is a Tour de Force. It’s a 35-chapter, page-turning dive into what every parent and would-be student needs to know about applying for and paying for college. In our interview I told Ron that we could do a podcast on each of the chapters. I wasn’t kidding.
Ron Is 403bwise
Ron is not just the author of this book and The Opposite of Spoiled, which details how to talk to kids about money. He is one of the reasons I work full-time at a job I love: running 403bwise.org. Thanks to a 2016 New York Times series on the 403(b) that he and his colleague Tara Siegel Bernard wrote, Scott and I connected with Tim Ranzetta. Tim is the co-founder of the non-profit Next Gen Personal Finance which is revolutionizing the teaching of personal finance in middle and high schools. Thanks to Tim’s generous support, 403bwise became a non-profit in 2019.
New York Times 2016 Series on the 403(b)
- Think Your Retirement Plan is Bad? Talk to a Teacher by Tara Siegel Bernard
- An Annuity for the Teacher — and the Broker by Tara Siegel Bernard
- Even Math Teachers Are at a Loss to Understand Annuities by Tara Siegel Bernard
- Nonprofit Employees, Already Underpaid, Face Special Challenges in Retirement by Ron Lieber
- How to Fix a Retirement Plan at a School or Nonprofit by Ron Lieber and Tara Siegel Bernard
Our Interview with Ron
On behalf of the 403(b) advocacy movement, and as a parent of a soon-to-be college student, thank you!
Stay wise and well (and read The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make).