For the first time in US history, the younger generation will not gain more wealth in their lifetime than their parents. As Scott Galloway points out, Millennials are the largest percentage of full time workers in the US, but economic growth has been slower than for their parents at the same age. Furthermore, Millennials hold…
Each July, Federal student loan interest rates are reset for the upcoming school year using the formula of 10-Year Treasury Rate + 2.05%. Currently, as of today, May 12, 2022, with the recent .5% interest rate increase, the 10 year Treasury interest rate is 2.91%. Thus, although the Federal student loan interest rates are fixed…
Each Spring, I’m often asked, “Why wasn’t I admitted to _____ University, when others with lower GPA’s (grade point averages) and fewer extracurricular activities were accepted to that same university, believing a particular set of qualifications automatically merits an acceptance, while those “lesser” qualified should be denied admissions, a misconception of the modern academic meritocracy. In…
Transferring from one college to another is disruptive: moving to a new city, leaving the family home for possibly the first time, establishing new friend networks in a new place. Being 19-20 years old and taking more specialized, upper division courses, typically, transfer students are seeking other older students, but often worry about breaking into…
While annually rising college tuition is regularly reported in the news, frequently prompting much concern and discussion, few families discuss increasing housing costs. Yet, depending on the city where the college campus is located and the availability of on-campus housing, where to live can quickly create additional costs, both in opportunity and financially for undergraduates. …
Is it something in your headlights? Or is it something in your hindsights? You don’t know if it’s true. But these peeves are as real as those who are scared, those like me and you One moment in the sky, another in the ground, your fear is a smoking crater. For others it’s a swamp,…
Warren Buffet famously stated, “Price is what you pay, value is what you get.” Thus, in valuing the education at one college in comparison to the education at another college (or even a third campus), contrary to popular belief, families have the advantage. Families can negotiate college price, known in educational parlance as “Cost of…
Another generation is on the cusp of deciding what to do next, now that their youth has come to end. Those who applied to college then gained acceptance now must decide where they will be attending college in the fall and more importantly why, and for what purpose. Many college graduates when confronted with why…
There are three college admissions decisions: admit, deny, and the most confusing of all, Waitlist. Yet, students, choosing to remain on a waitlist by “opting-in” before the deadline posted in the admissions letter, should be sure they understand what the choice entails. First, understand there is no guarantee that any students will be considered for…
In the aftermath of high school seniors receiving their Fall 2022 college admissions decisions, many people are acting as amateur college admissions officers, including applicants’ themselves and their families. Many speculate why someone was denied, yet another (who seems less qualified) was admitted. In the speculative frenzy, often, urban myths are perpetuated: MYTH: Out-of-state applicants,…
“I’ve been rejected” is typically how students translate being denied admissions to a college. (Although, in reality, such a view is not true, many students, who have been trained to seek outward validation from teachers, parents, coaches, club sponsors, tutors etc as the arbiter of being “right”, “smart”, or “capable” thus worthy, lump admissions officers…
“Where there’s a will, there’s a way.” For any student who wants to attend four year college this Fall 2022, there’s openings still available, contrary to popular belief. The National Association for College Admissions Counseling recently released their annual College Openings Update, a listing of colleges still accepting applications for Fall 2022. So, students who…
Bucking the trend, on March 28, 2022, the Massachusetts Institute of Technology (MIT) reinstated requirements for submitting an SAT or ACT score for the next Fall 2023 first year admissions cycle. In opposition to MIT though, every Ivy League college, plus Stanford and CalTech, have extended test-optional policies for at least another year. (Georgetown University is…
As of March 23, 2022, all public universities in California are now test free, meaning no SAT or ACT scores are required, nor will be considered in admissions. The California State Universities (CSU) Trustees permanently eliminated SAT and ACT scores from consideration, joining with the University of California (UC) Regents who declared permanent test free…
As the legendary Mick Jagger belted, “I ain’t got no…sa-tis-fac-tion.” Mick’s words of wisdom can apply to many high school seniors and their families as the college decision making season descends. Robert Barkley via Rick Clark, seasoned Director of Admissions at Georgia Tech, is confronting the possibility for dissatisfaction regarding outcomes in the expectation laden…
