As the season of college fairs, whether virtual or in person, commences, families should pause to craft a plan before the event. Reviewing the list of college admissions officers in attendance, then discriminately choosing which college representatives with whom to connect is prudent to maximize the benefit of the speed dating-like conditions of a college…
Tag: High school sophomore
Guest Post: 3 Easy steps to building healthy money habits with your children!
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…
Discipline question on the Common App disappearing for Fall 2022 Admissions
First year college applicants using The Common Application will no longer be prompted to report any high school disciplinary infractions, starting with the Fall 2022 admissions cycle. Similarly, counselors will not be specifically prompted to report disciplinary actions in their letters of recommendation or School Report. The Common Application CEO Jenny Rickard reasons: Requiring students…
Gen Z: The Young and Increasingly Disaffected
As of First Quarter 2021, 3.8 million 20-24 year olds are not in school nor employed, 740,000 more young adults adrift than in First Quarter 2020. While wondering, “Where are they?”, more disturbing to consider is, “What are the long term consequences of a delayed entry into adulthood?” First, dismay may be transforming into disaffection.…
The 2021-22 School Year Dawns and The Plague Remains
COVID fatigue: borne of that daily reminder of our own mortality and the mortality of those we care about, of the suffering of illness, the suffering of trying to stave off illness only to fail. We’re a global society trying to out-think, out-science a sequence of RNA which is out-mutating our collective human intellect. In…
More About Test-Optional Admissions
We’ve abruptly and unequivocally changed the rules of college admissions for all expected-to-attend-college Gen Z’ers and, by extension, their parents, precipitating wide-ranging reactions. But, all reactions are underpinned by what one university administrator recently shared in a Maguire Associates survey: “Students are confused by the various test requirements and second guess what we are really…
Possible Test-Optional Admissions Prejudice?
Before COVID, submitting SAT or ACT scores were a must for every college applicant. During COVID though, test-optional policies were widely and quickly implemented to preserve as much access to college admissions as possible since many test centers (which are schools) closed, so SAT’s and ACT’s couldn’t be administered. While many laud the change in…
Too Many People with The Same Good Idea
New college grads, those aged 22-27, who studied computer science, are just as likely to be unemployed as those who studied the fine arts, according to the latest New York Federal Reserve analysis. The irony. Most families expect that any studies remotely related to technology translates to unequivocal and continuous employment throughout one’s lifetime. Conversely,…
UC Raises Tuition: A Sign of Fiscal Troubles?
The University of California (UC) will begin raising tuition annually starting in Fall 2022 and extending through at least Fall 2026. However, tuition will be raised for each incoming class of first year and transfer students, then held flat throughout the remainder of their years at the UC. For Fall 2022 applicants, rising high school…
Is the College Landscape Experiencing a Tectonic Shift Post Pandemic?
The effects of the COVID-induced disruptions to education have yet to be quantified in the intermediate and long term, thus educators struggling to redefine “normal” learning for years to come, as an entire COVID-affected generation, Pre-K through College, matriculates through the educational system. Additionally, the SAT, an 80 year old admissions requirement, is being summarily…
How to Forecast the Expense of College
College admissions officers award merit scholarships to demonstrate their “value” of a student’s high school experience like signing bonuses for highly sought after employees. A merit scholarship acts as a “discount” on tuition, reducing the overall Cost of Attendance (COA) of any college education, as merit awards are typically renewable for four years. Also, merit…
The search for merit aid begins with the proper valuation of a college degree
“Do you help with scholarships?” is often one of the first questions that parents ask me. Fearful of the ever-increasing cost of college tuition, they (mis)perceive a college education as a large purchase, rather than an investment. To invest in a college education, both institution and family mutually consent to a partnership. Yet, in any…
Coming Changes to the FAFSA
Over the next three years, the Federal Department of Education will phase in changes to the FAFSA, the Free Application for Federal Aid, which may increase out of pocket college costs for families, yet reduce the complexity of applying for need-based financial aid. The following are highlights of the changes, as well as recommendations for…
University of California Regents Will Raise Tuition Starting in Fall 2022
Updated In Summer 2021, the University of California (UC) Regents will likely consider a proposal to raise tuition by 2% plus inflation starting in Fall 2022. Tuition would be frozen for six years for the Class of 2026 (those students starting college in Fall 2022). Then, each year, tuition would again be raised 2% plus…
Imperfect information to seek value in education
Education is often one of the most complicated investments people make in their lifetime. As such, accurate information is essential, yet often difficult to acquire thus only increasing the risk of educational malinvestment. There is a cornucopia of free information regarding every possible educational issue known to man, but remember the old adage, “You get…