The published college tuition is not often the amount the average family will pay, thanks to increasing discounts in the form of merit scholarships. Therefore, parents and students should not dismiss a college solely on sticker price. In the recent school year, 2023-24, the average US private university discount on tuition for first year students…
Often, when asked, “Why do you want to attend college?” high schoolers reply, “To get a good paying job”, and implied in their statement, “to figure out who I am” (which typically emerges in subsequent interviews) while their parents nod and smile in agreement. So, I reflected on the change in view which also often…
Often families mistake college affordability as “lowest price”, yet few consider the potential opportunity costs of an (un)realized genius. Thus, as high school seniors, transfer students, and their families weigh the awesome choice of one college acceptance over another (often while grieving an admissions denial), exercising patience and careful consideration is most prudent. While every…
Many parents believe the greatest hurdle to applying for college scholarships is finding scholarships. Nope. Not by a longshot. For many seniors, the motivation to write one more autobiographical essay for a scholarship application is the largest impediment. For one, many are depleted of energy after writing a dozen (or more) college essays over the…
Prior to the senior year of high school or transfer admissions, students simply matriculate in a pack, taking the same classes, striving for the same grades, clustering in similar out-of-school enrichment activities. Yet, at the moment of applying to college, students need to make their own decision—relate the process, to what Mr. Kipling shares the…
The late summer for a first year college student is often a frenzy of purchasing all the trendiest dorm accessories, while trying to soak in every last minute with friends who will soon walk their own path. Parents trade insider tips about medical/first aid kits and all the legal documents, like health care directives, for…
Often, teens seek freedom, as a primary reason for attending college. To which, their parents nod knowingly, smiling slyly, complicit in their teen’s seeming act of rebellion, believing that a college education is a coming of age into the freedom of adulthood. However students and parents should reflect on what it means to be free,…
Although hearsay, defined as: “information received from other people that one cannot adequately substantiate”, is not admissible in any court of law, every day, every year, families make complex educational choices, consequential for their children’s prosperity, based on the hearsay, passing as truth, circulated along The Parent Network, distorted with each retelling, which may have been a selective…
In questioning the affordability of college, more families are asking, “Is the value of a college degree concomitant to the price?” However, despite annually increasing discounts on college tuition, 54.5% in 2021-22, thus improving college affordability for a wider swath of families, college enrollment continues dropping. As previously discussed in our series about the already…
Gen Z and increasingly Millennials are disaffected. For many, the dystopian stories they consumed as kids, Percy Jackson & the Olympians, The Hunger Games, the Divergent series and the like, are now reality. Adherents of YOLO (You Only Live Once), Z’ers and Millennials often maintain a “winner take all and consequences be damned” attitude. Their…
In addition to extending the pause of Federal student loan repayments to August 31, 2022, any borrowers who were in default or delinquency prior to March 2020, will have their status reset when repayment is scheduled to start on September 1, 2022. ….all borrowers with paused loans to receive a ‘fresh start’ on repayment by…
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…
Enrolling in college is a process, executed over a series of conversations, which increase in frequency starting during the Spring of Junior year and typically extends through the first semester of college, as teens and their families are seeking agreement about which college is most valuable. The more a family accepts that college admissions isn’t…
Seize the day Plot a path A whole new way Embrace failure, learn from wrath Look around And just beyond Stay home or move afar Wherever you go, there you are Look for answers to questions And question the answers By seeking teachers Not creatures of comfort To discover a profound consciousness flow You must…
Although intended for families with younger children, Jessica Weaver’s advice to help kids become financially literate applies to teenagers as well. Inherent to financial literacy is defining one’s values, which is an essential tool for teens and families reduce the risk of college malinvestment. The other day I was squeezing in some work while sitting…
