Changes to repayment rules for Federal student loans offers borrowers flexibility to manage their debts, as outlined in a recent New York Times article. However, not only do the recent changes provide assistance for current borrowers, potential student loan borrowers can plan ahead. Our recommendations are outlined, alongside excerpts of the article in italics. Rising…
Tag: Financial aid
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…
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…
Ahead of the Curve: October 23, 2013
From the news: Overscheduled Children: How Big a Problem, New York Times October 11, 2013 #PSAT — Students Tweet Amusing Reactions to Standardized Test, Washington Post October 16, 2013 Higher Price Pays Way Into Some College Classes, San Francisco Chronicle October 16, 2013 Army Realigns Reserve Officer Training Program, U.S. Army October 2, 2013 From…
Ahead of the Curve: October 16, 2013
From the News & Blog World: “Back to School” PC Sales Collapse to Worst Since 2008 Zero Hedge, October 10, 2013 Tuition, Net Price & Aid: Higher Ed Data Stories, October 8, 2013 Yale’s New President Says Expansion is a Priority: San Francisco Chronicle, October 12, 2013 From Clients: Slow and Steady: as college application…
Ahead of the Curve: October 5, 2013
In the News: Financial Literacy, Beyond the Classroom New York Times: October 5, 2013 How to Be a College ‘Resimuter‘ Washington Post: October 2, 2013 UC’s Twist on Crowdfunding Inspires Students San Francisco Chronicle: September 18, 2013 From Our Clients: Quarter Grades/Midterms–conversations with teachers to identify academic areas for improvement, as well as what the student…
What is Financial Aid?
After talking with 200 parents and students yesterday evening at a local Sacramento area College Fair about financial aid, I wanted to offer additional advice, as families continue working to fund rising college expenses. Then, the general sense of nervous anticipation about the expense of college amongst last night’s group can be used to fuel…
College Admissions Can Seemingly Provoke More Questions Than Answers
Questions abound when parents and students are moving through the college admissions process, especially when everyone has a story to tell about who got in where and the media reports the falling admit rates at selective universities around the country, as well as annually rising college tuition and increasing average student loan amounts. A…
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…
Salary: Only One Measure of A College’s Worth
“To get a good job,” is an oft heard reason why a student is headed to college, usually stated while their parents nod vigorously in the background. A recent New York Times article–New Metric for Colleges: Graduates’ Salaries–discusses the merits of using a college graduate’s average earnings as a measure of a campus’ value, which…
General Thinking According To Google Trends
What’s on people’s minds… Hat tip to zerohedge.com (8/21/2013)
How to Reduce College Costs
The “sticker shock” of college tuition rising at 1140%, as we posted here, can overshadow the need to calculate living and housing expenses, as part of the overall costs for college. Yet, families who budget for ALL college expenses for 4 years, not just year-to-year costs, are prudent and may find ways to save money. …
Private Universities May Not Cost More Than A Public University, In the Final Analysis
Dismissing a college based only on cost, as many families tend to do when considering private universities, may overlook a valuable choice for an individual student. The following podcast discusses how to “value” a public university in relation to a private university, as well as offers tips for planning for future college expenses. For more…
College Costs: Myth vs. Reality
A tongue-in-cheek look at rising college costs, yet gives another incentive for college bound teens to think thoroughly about their college choices.