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…
Tag: High school senior
“Summer Reading” Is Not An Oxymoron
As summer vacation begins, so too does the back and forth negotiation to complete summer reading assignments. Even for avid readers, summer reading assignments can sap the pleasure derived from reading. Both parents and teens know all the logical, rational reasons TO complete summer reading sooner rather than later, but there’s that part of the…
3…2…1…Liftoff! Launching the Class of 2013
Commencements can be bittersweet moments–a celebration of accomplishments, while simultaneously a doorway into a new unknown. The following are words of wisdom from graduation festivities around the United States, as the Class of 2013 enters the world with new knowledge and greater experience. And, for posterity, I added my two cents. President Barak Obama, Morehouse University:…
Choosing Harvard: Thoughts About a “Prestigious” University
As Juniors and their families begin sizing up prospective colleges for application and weighing the value of a college’s reputation, I thought I’d share I came to be a Harvard graduate, along with thoughts about a recent New York Times article, Measuring College Prestige vs. Cost of Enrollment. Quotes from the New York Times article will…
The Student Debt Dilemma
While debt can be a useful tool to finance a college education, potential borrowers (and their families) would be prudent to think through their choices, as we discussed in a earlier 6-part series on fiscal planning. And, to add emphasis on the need to think ahead, Fidelity Investments recently found that, “[e]ven with the…
More 25 Year Olds Have Student Debt…And At Higher Average Amounts
As seen in the chart below, the red line indicates that the portion of 25-year olds with student debt has grown from 25% in 2003 to 43% in 2012–meaning an increasing portion of young adults are choosing to “bring forward” expected future earnings to pay for a college degree. Furthermore, the black line on the chart…
Greek Life: One Perspective on College Fraternities & Sororities
Clients often want to consider colleges where they’ll be opportunities to join Sororities and Fraternities, also known as Greek Life. In response to clients’ questions, I interviewed Drew, a former Creative Marbles Consultancy client, Fraternity member and soon-to-be-graduated college student with a degree in Biology. He talked with me about how joining a fraternity added to his…
812% = Rise of College Text Book Prices Since 1980
While families know they’ll pay for college textbooks, the actual expense may be seen as, “OMG, ONE more thing I have to pay for?!?” When families may already feel limited in savings and income to pay for rising college tuition, planning ahead can help reduce stress. Knowing the average annual textbook expense at potential colleges,…
Guest Post: Cultural Musings
Many high school and college students intend to study abroad, with only vague notions of foreign escapades and intrigue, as a sort of extended tourist vacation. Haven, a current New York University Sophomore and former Creative Marbles Consultancy client, agreed to share a more detailed picture for students wishing to live and study internationally, while…
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,…
Wanted: College Students for Fall 2013 Enrollment APPLY NOW
“Too late” doesn’t apply to college admissions. And, no, I’m not talking about enrollment only at a community college. Every year, after May 1st, colleges begin sorting who’s coming and who’s not coming to campus next fall. Typically, several hundred campuses around the country are still open for admissions, given the lack of enrollment. For…
Shhh…Let’s Talk About Underage Drinking At College
Everyone knows drinking in college happens. Yet, until there’s an injury or some assault or worse, underage college drinking can be rationalized as a youthful indiscretion and a rite of passage. And, for many, drinking and partying is nothing more serious than an occasional hangover. Of course, if and how much an individual participates in…
May 1st: Not Just May Day for Seniors
For graduating Seniors across the world, May 1 is the deadline decision day to enroll in a U.S. college for Fall 2013. Today is the culmination of the college admissions process, of which the year long college application process from Fall 2012 to now was the latest step for Seniors and their families. Although, the college…
By the Numbers: University of California Fall 2013 Admissions
Note: a negative number in the last column represents less overall applicants admitted as Freshmen to the UC campus. Most all of us can recall a story of the 4.0+GPA earning, 2000+SAT scoring, class president for 4 years, started and is running a charity in Ghana, India and Brazil, plus helps little old ladies across…
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…