“Why Do You Want to Go To College?” Has New Meaning

“How do employers look at college names?”  is a typical question parents ask us, when trying to narrow their senior’s choices for application.   Two meanings emerge from this question: What’s the value of a college degree? How, if at all, is value different for different colleges? The value in college question will be answered differently…

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Changes to Subsidized Direct Student Loans for Fall 2012

For Fall 2012 and future Fall 2013 Subsidized Direct Loan Borrowers: The Federal Government will no longer withhold interest during the six-month grace period before loans go into repayment.   According to Federal Student Aid, “the interest will be capitalized (added to the principal amount of your loan) when the grace period ends.”  Borrowers do not need…

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Guest Post: Study Abroad from a Parent’s Perspective

By: Lisa Dalton, parent of a senior at the University of Oregon, and sophomore at Washington State University CMC Note: There are alternatives to “studying” abroad, including service projects that many universities arrange, as well. _______________________ If you are in the midst of college tours with your high school senior, or you have a student…

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How Are Middle & Upper Income Families Affording College?

For families with $94,000 to $205,000 in yearly income, the percentage of debt is increasing.  The Wall Street Journal reports, 25.6% of these middle-upper income families incurred student-loan debt in 2010, up from 19.5% in 2007. With the costs of college increasing and use of debt is increasing, will families begin making college decisions with…

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College Rankings: What Are They Worth?

College rankings and lists are not lacking–Forbes, US News & World Report, Washington Monthly, Newsweek–just to name a few.   And, for families already wondering about a kid’s chances of college acceptance, after 12 years of thinking and re-thinking every class, homework assignment and academic opportunity, not to mention the hours spent at sports practices, dance…

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Before Choosing Transfer Admissions…

The Community College Transfer option to a 4 Year College, while seeming to save money in the short term, can include other costs.   Currently, community colleges in California are challenged to service their students, given the budget reductions from the state.    At the same time demand is rising for space in California community colleges–300,000 students…

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“No Student Loans”: Is that possible?

Don’t want to borrow for college expenses?   Some universities across the U.S. are implementing financial aid policies, where no (or limited amounts) of loans will be offered in the financial aid award letter. Knowing the financial aid policy of colleges–before applying–can help a family have dollar amounts to determine the value of a college, given…

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To Transfer or Not to Transfer: The Community College Dilemma

Parents (and increasingly students) are asking us about transferring from a community college to a 4 year university from early in their high school careers and making transfer a primary option, rather than a Plan B.  Community college transfer became a more serious option when families were uncertain about admissions chances.  Now, younger students and…

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