More Americans believe that going to college is NOT an affordable option.
Tag: College tuition
Ahead of the Curve: March 18, 2014
From Our Clients: The New SAT: current high school freshman (Class of 2017) will be the first students to take the recently updated SAT. The newest version with an optional essay section, will be given for the first time in Spring 2016. Stay tuned for how the new SAT will or will not affect the college…
Ahead of the Curve: February 27, 2014
From Our Clients: Aaaaccck! How do we pay for college? Parents often tell themselves, “First things first. Applications, THEN we’ll think about how to pay for college.” Totally an expected reaction, when considering the six figure totals for a college education these days. However, the planning to pay for college can take place long before…
Ahead of the Curve: January 5, 2014
From Our Clients: More Common App Problems: January 1 is one of the common college application due dates for popular and highly selective colleges, like Stanford, Harvard, Rice, Brown, Notre Dame, Claremont McKenna, Northwestern – just to name a few. In the midnight hours starting on the East Coast and moving West, the Common Application website,…
College Affordability: Doing More With Less
While college costs have continued rising, median incomes over the same period have not increased at corresponding rates, as we first posted here. The failure of income to rise at the same pace as college costs increases can place greater pressure on family budgets, potentially restraining college choices. Thus, families may spend more effort in investigating potential…
Ahead of the Curve: October 29, 2013
From the News: College Financial Aid Drops – Families Pinched, San Francicso Chronicle October 23, 2013 Is College Tuition Too High? Of Course (Not), Higher Education Data Stories Blog October 15, 2013 So Many Students – So Little (Counseling) Time, Sacramento Bee October 28, 2013 From Clients: On-going Common Application Technical Issues: From recommenders not…
1140% = Increase In College Tuition Since 1978
Another chart showing college tuition is increasing at a steepening rate: And is causing families to spend a greater portion of the family budget to pay for college expenses, thus making college “more expensive”: (If unable to view chart, click)
Paying For College Tuition
Student loans, grants and scholarships are replacing parent income and savings in paying for college. Source: Wall Street Journal
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…
It’s Never Too Early (or Late) to Plan for College Costs
After talking with News10 Sacramento this morning about financial aid and paying for college, thought I’d share a few additional tips and expand on a few points we discussed: Understanding the Family’s Finances: The more parents can understand the family finances, the better planning can take place for the additional expense of college tuition. Some…
What Trends in Public University Tuition Means for College Bound Seniors
Public universities and colleges are partially funded by student tuition and partially by state and local government revenues (i.e. taxes collected), alongside subsidies by the Federal government and private donations. Public funding is then allocated per full time student, as shown in the map below. Alaska contributes the most per student at $14,837, while the…
Will College Price Itself Out of Its Demand?
As the price of tuition continues rising, will students (and their families) choose to forgo a college education? The most recent college application cycle for Fall 2013 doesn’t seem to indicate that students are not choosing a college education. Applicant numbers are up around the country from a 10.7% increase for the University of California…
What’s College’s Value Given Today’s Prices?
Choosing a college based on price or which campus offers the greatest amount of financial aid can seem like a foreign concept to many families. However, as tuition continues rising annually and parents face the quandary of balancing saving for retirement and paying for college, at the same time their income seems to be shrinking,…
What Does College Tuition Really Buy?
Harper’s Magazine reported in November 2012: 81% of Americans who viewed college as a good financial investment in 2008 dropped to 57% in August 2012. Now, there’s much room for interpretation of “good”–however, is the change in the average value of a college degree indicating a shift away from college, and if so, what experience…
Are Families “Shopping Around” For the Best College Deal?
The growing gap between the rate of inflation and increasing tuition, since 1985, may cause families to more carefully consider the worth of a college education, and “shop around” for the “right” campus.