An unprecedented $1.2 trillion in student debt has grown exponentially in the last several generations, showing few signs of abating. In less than one generation, college graduates have tripled their debt burden. According to the Wall Street Journal, over 70% of the Class of 2014 will graduate college with an average of $33,000 in student…
Tag: College value
Guest Post: Investigating the Stereotypes about Women’s Colleges
Hearsay and rumors can preclude students from considering women’s colleges. In order to gain more understanding, Olivia and Stephanie, the authors of the following post, share their experiences as students at women’s colleges in different parts of the United States. Olivia currently attends Mt. Holyoke College in South Hadley, MA and Stephanie recently graduated from Mills College…
Guest Post: Colleges Without Make-Up
About the author: I’m Kerina, a high school senior interning at Creative Marbles. I’ve lived to tell the tale of having completed the college application process. After all the acceptances rolled in, I was faced with the daunting task of having to choose only one college. I can now happily say that I am committed…
Tough Love
As regular readers recall, the news about stagnant American household median income is not a new story, more of an evolving story about how more American middle class families are adjusting to life with less income. Lifestyle adjustments are just one possible shift in American households. More often, I’m hearing parents ask questions about how…
College Admissions Is Not a Race
When choosing colleges for application, the first criteria considered is often, “Where can I get in?” Students are really asking, “How do I measure up?”, creating a competitive mindset. Then, in comparing the strength of their application to those of other possible applicants, students can generate unfounded or stereotypical conclusions, building nervous energy and aggravating…
College Degree: Gateway to Financial Prosperity or Not?
The chart below illustrates the number of college graduates since 2005 who are employed, yet earning at or below the Federal minimum wage of $7.25 per hour. As we discussed in an earlier post, the chart reinforces that more of today’s college graduates are underemployed, or working in jobs that don’t require college degrees. As we…
Is College Worth the Expense?
More Americans believe that going to college is NOT an affordable option.
Guest Post – S-N-O-W: The Education Without the Units
Rohan graduated with a full International Baccalaureate Diploma in 2012. He moved across the country from sunny Northern California to Ohio for college. Throughout the college application process, Rohan kept an open mind about weather giving him more education than just studying Engineering. After surviving the first winter, Rohan shares more thoughts about how “weather”…
Losing Sleep Over College Affordability Concerns? You’re Not Alone.
Families attempting to determine college affordability can be subjected to acute bouts of insomnia. The predicament of framing the pros and cons of each college choice for their children can be, at times, daunting for parents. Parents face the dilemma of defining the value of a future outcome–a college degree with all of its attendant…
A Growing Gap: Rising College Tuition vs. Income
The value of college may not be reflected in the cost of college. However, the media attention to average student debt and annually rising college costs can mask the value of college. In addition, when the average costs of goods and services (i.e. inflation) is greater than the average rise in earnings for 99% of Americans…
Is College Financial Aid Really Aid?
The difference between the value of college, indicated by price and intrinsic worth, and what a family feels they can afford to pay creates the need for financial aid. But, college bound buyer beware: NOT ALL FINANCIAL AID AWARDED BY THE UNIVERSITY IS ACTUALLY AID.
Ever Wonder Where The Day Went?
The following chart represents the average time spent each day on a variety of activities for ALL American adults (people aged 15 or older), from the Bureau of Labor Statistics most recent American Time Use study. Might give you some answers to “where did all my time go today?” pondering. Some highlights: Only .47 hours of…
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…