The Goop school of finance! Gwyneth Paltrow - who is worth an estimated $140 million - publishes a guide to paying off STUDENT LOANS on her luxury lifestyle website
- Goop published an interview with Heather Jarvis, an attorney specializing in student loans education
- Jarvis offered explanations for how student loans and interest work and advice for paying them back
- Gwyneth, 45, attended the Crossroads School and Spence School, two very pricey institutions
- Her kids Apple and Moses go to Los Angeles' Harvard-Westlake School, which costs $38,400 a year
Patronizing? Gwyneth Paltrow's website, Goop, just published a guide to paying off student loans
Gwyneth Paltrow grew up incredibly privileged, attending private schools that cost more in tuition than some people make in a year.
Now even wealthier as a famous actress, the 45-year-old sends her kids to pricey private schools, too, and will no doubt be able to easily pay off future college costs (even if, say, Apple and Moses were to decide to get multiple degrees from Ivy League schools).
Yet the mother-of-two is still in the business of offering advice with her lifestyle website, Goop, and this week released a guide dedicated to paying off college loans.
The article seems an unlikely one from Goop, which typically focuses on luxury and inspirational content.
Also on the homepage at the moment is a travel guide for Austin, Texas, which suggests a hotel that starts at $320 a night, as well as a summer shopping guide shilling a $2,200 Prada tote and a 41,295 jumpsuit.
Presumably, the reader spending $2,200 on a designer bag isn't mired in debt from her university days — but just in case, it seems, Gwyneth wants to offer some help.
Privilege: Gwyneth herself grew up with money as the daughter of actress Blythe Danner and producer Bruce Danner
Tuition: She attended two private schools. Her high school costs $49,800 a year to attend today
Lucky: Gwyneth, who dropped out of college to pursue acting, likely never had loans
Like most articles on Goop, Gwyneth didn't actually write the guide herself, and the advice is from an expert, not the actress.
Heather Jarvis, an attorney specializing in student loans education, explains that more than 40 million Americans have student loans, meaning one in four households has student debt.
She discusses why the problem exists, how it has gotten worse, how interest works, the different between private and federal loans, and common mistakes people with loans make.
The article also takes on how to pay these loans off, loan forgiveness, and good resources.
While the advice all seems fairly sound and straight-forward, it also seems a bit rich coming from a site that also calls $1,000+ designer clothing items 'investments'.
An odd topic to take on, for sure, from an actress who grew up in Santa Monica, the daughter of actress Blythe Danner and producer Bruce Paltrow.
Shelling out: Her daughter Apple goes to Los Angeles' Harvard-Westlake School, which costs $38,400 a year
Gwyneth herself attended Crossroads School in California, which today costs $29,159 a year for grades K-5 and $34,969 for grades 6-12. While she attended in the '80s, when it would have been less, the price was still undoubtedly high then.
For high school, she attended Spence School in New York City, a private all-girls school that today costs $49,800 a year.
She later attended University of California, Santa Barbara — a college she likely got in-state tuition for, which today is $14,409 — but dropped out before finishing her degree.
Meanwhile, her daughter Apple and son Moses attend Los Angeles' Harvard-Westlake School, which costs $38,400 a year. That doesn't include the $2,000 student fee, bus costs, and other expenditures.
Gwyneth is estimated to be worth $140 million.
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