Know the terms (i.e. repayment, interest rates) and possible consequences of taking student loans for college–essentially bringing future income into the present. (FYI: colleges are not obligated to disclose the terms of the loan BEFORE accepting them as part of a student aid package. Students MUST ASK. Also, students are not forced to accept student…
Tag: Parent
Working With Financial Aid
Financial aid from the university doesn’t work like mom & dad’s checkbook. Although mom & dad may share their concerns, generally they’ll continue sending money when kids ask or need. However, financial aid offices may not be so lenient.
ALERT: Common App Change for Counselor Recommendation
The Common Application is allowing counselors to opt out of submitting a personal recommendation, as part of the Secondary School Report (i.e. the Counselor Recommendation) for Fall 2013 applications. Why is this change significant?
When a Letter of Recommendation Isn’t Just a Letter of Recommendation
Now, that school’s back in session (or about to be back in session), and the excitement of choosing colleges for application can be wearing thin (given that everyone who discovers or knows you’re a senior is asking where you’re applying), so what’s next? Well, parents, since about July have been asking us about letters of…
Who’s Choosing Transfer Admissions?
The students who choose transfer admissions over starting at a 4 year college right after high school graduation is changing. While money has been a factor in choosing transfer admissions in the past, it’s been more like, “Well, Junior doesn’t know what he wants to do (i.e. declare as his major or job he wants…
Guilt? I Didn’t See that On My College Bill
Without understanding the value of a college degree, students can sense, what they often term, “guilt.” They may not confidently understand why their families, and increasingly themselves (in the form of student loans), are paying the thousands of dollars (and rising each year) that a college degree costs. Listen to the following podcast, featuring Julie…
CA College Tuition = UP; College Value = ?
California ranks among the top five states in the nation for the greatest tuition increases in their public universities. (Wall Street Journal, 8/14/2012) Not only do current UC students face a possible additional 20% increase mid-school year, if the November tax increase does not pass, the budget reductions can mean more cuts to courses…
Guest Post: Study Abroad from a Parent’s Perspective
By: Lisa Dalton, parent of a senior at the University of Oregon, and sophomore at Washington State University CMC Note: There are alternatives to “studying” abroad, including service projects that many universities arrange, as well. _______________________ If you are in the midst of college tours with your high school senior, or you have a student…
IMAGINE and Then RE-IMAGINE
Everything can be re-imagined. Our creativity is limitless in its natural state. We only limit ourselves. Education gives us tools and helps expose us to options. After that, its our responsibility to build on those experiences to produce (or re-produce) something new. Here’s another “re-imagining” of a classic icon, Julia Child, who wrote that through…
The Benefits of “Frenemies”?
Reading about Helen Gurley Brown’s death today inspired the following post. (No matter your opinion of Ms. Brown and her positions on social issues–she was the editor of Cosmopolitan magazine for 32 years and wore mini-skirts into her 80’s, according to the New York Times–she stirred discussion.) A discussion does not happen when everyone agrees…
Advice for Parents: Thinking about Alternatives to College
The expectation of college, as the next step after high school, is a lifetime of effort. To stop and consider an alternative is complicated. Julie Nguyen, CMC’s CFO & Managing Partner, knows the complexities of choosing options other than college. She offers the following podcast of advice for parents:
Back To School…More Complex Than Buying New Notebooks
BACK TO SCHOOL: Three words that can send excited nerves through a student’s, parent’s and teacher’s bodies. Students may lament, yet their friends are waiting on campus, after all. At the same time, there’s a frenzy of last minute summer reading and assignment completion while parents buzz in the background, brimming with “I told you…
Plagiarizing Doesn’t Happen Only in School
Original thought that contributes to common knowledge and greater understanding is demanded of students across the country. New software that scans students’ work and rates the percentage of the document that is potentially plagiarized are being used in high school and college classrooms. One high school junior told us that her teacher returned her history…
How Are Middle & Upper Income Families Affording College?
For families with $94,000 to $205,000 in yearly income, the percentage of debt is increasing. The Wall Street Journal reports, 25.6% of these middle-upper income families incurred student-loan debt in 2010, up from 19.5% in 2007. With the costs of college increasing and use of debt is increasing, will families begin making college decisions with…
Guest Post: Advice about the College Essay from a Graduated Senior to The Class of 2013
About the Author: In a few weeks, Hunter will be a Freshman at UC Berkeley, considering a major in Physics. He applied to 10 colleges and wrote 18 short answer and full length college application essays in Fall 2011. _________________________ Tips for writing college essays (from someone who wrote quite a few): Don’t sacrifice your…