Student loans, grants and scholarships are replacing parent income and savings in paying for college. Source: Wall Street Journal
Tag: College decisions
College Tuition Set to Keep Rising with No Relief In Sight
Since 1980, college tuition has risen 945%, in comparison with inflation’s rise of 193% during that same period–meaning all purchases have increased in price, but college tuition has increased at a ratio of 9 to 1–based on information from the Bureau of Labor Statistics. The University of California (UC) and California State University (CSU) systems…
School + New Town = College
Picking colleges for application or enrollment isn’t just picking a new school. Most likely, teenagers are moving away from their hometowns. Knowing something about the place being moved to as well as the college may add insights to the searching. The Atlantic Cities reported on the “Brainiest Cities” based on an online survey measuring cognitive…
Choosing Harvard: Thoughts About a “Prestigious” University
As Juniors and their families begin sizing up prospective colleges for application and weighing the value of a college’s reputation, I thought I’d share I came to be a Harvard graduate, along with thoughts about a recent New York Times article, Measuring College Prestige vs. Cost of Enrollment. Quotes from the New York Times article will…
Greek Life: One Perspective on College Fraternities & Sororities
Clients often want to consider colleges where they’ll be opportunities to join Sororities and Fraternities, also known as Greek Life. In response to clients’ questions, I interviewed Drew, a former Creative Marbles Consultancy client, Fraternity member and soon-to-be-graduated college student with a degree in Biology. He talked with me about how joining a fraternity added to his…
Shhh…Let’s Talk About Underage Drinking At College
Everyone knows drinking in college happens. Yet, until there’s an injury or some assault or worse, underage college drinking can be rationalized as a youthful indiscretion and a rite of passage. And, for many, drinking and partying is nothing more serious than an occasional hangover. Of course, if and how much an individual participates in…
May 1st: Not Just May Day for Seniors
For graduating Seniors across the world, May 1 is the deadline decision day to enroll in a U.S. college for Fall 2013. Today is the culmination of the college admissions process, of which the year long college application process from Fall 2012 to now was the latest step for Seniors and their families. Although, the college…
By the Numbers: University of California Fall 2013 Admissions
Note: a negative number in the last column represents less overall applicants admitted as Freshmen to the UC campus. Most all of us can recall a story of the 4.0+GPA earning, 2000+SAT scoring, class president for 4 years, started and is running a charity in Ghana, India and Brazil, plus helps little old ladies across…
More Details About Federally Funded Student Loans
As interest rates for subsidized Stafford loans (i.e. interest is withheld throughout college) is poised to increase from 3.4% to 6.8% as of July 1, 2013, Congress is considering to postpone the increase, as happened in 2012. (BTW, unsubsidized Stafford loans, where interest begins accruing from the date promissory note is signed, is already 6.8%.)
College Degree: Gateway to Middle Class Prosperity or Financial Burden?
While many students and their families pursue a 4 year college degree for the imagined financial security and solid middle class living, the cost(s), both to pay for the degree and the long term effects of earning the degree, may be greater than the return. Generations have been raised to expect that their standard of…
Reviewing The Week In Education: March 31-April 6
Highlights in Educational and College Admissions Happenings for March 31-April 6: In College Admissions: The last of the college admissions acceptances and denials were returned to anxiously awaiting Seniors and their parents. Creative Marbles Consultancy’s Commentary: For students denied admissions, speculation about why s/he was denied has ranged from “only the Asian kids in my…
Life in College: A Glimpse of Smaller Class Sizes in Action
Many universities publicize the small class sizes as a benefit for student’s learning. Wanting to understand more about what small class sizes looked in practice , I talked with a Creative Marbles Consultancy client and a current freshman at the University of San Diego (USD), Jarett. He graciously agreed to let me summarize his experience…
College and The Middle School Years
Middle school parents’ sixth sense about positioning their ‘tweens for college often becomes more pronounced, as families are considering choices for high school. Often, the question, “Which high school will best prepare my student for college?” is introduced into the discussion. Parents begin paying closer attention to stories about so-and-so’s daughter’s boyfriend’s cousin’s neighbor…
“I Got In. Now, How Do We Pay for College?”
“How do I pay for college?” is an often heard question from Senior parents at this time of the year. As college acceptances and financial aid award letters arrive, the reality of an imminent, multi-thousands of dollars per year over multiple years expense may be blossoming in the consciousness of families, especially when a…
Denied?!? WHAT THE WHAT?!!!?
The email inbox for a college applicant at this time of March can be an emotional minefield. Each “ding” alerting the Senior to a newly received message can create a heart-pounding, nervous-butterflies-in-the-stomach-hand-quivering-as-you-click-the-mouse-on-the-bolded-new-message-from-such-and-such-college, frantically searching the opening text for, “Congratulations!” and instead seeing, “With a record number of applications, we regret we were unable to admit you…