According to famed investor and one of the world’s wealthiest men, Warren Buffet, “Price is what you pay and value is what you get.” And, given that the total price for college continues to rise at a rate greater than consumer price inflation, and families have already invested considerable capital as well as effort to…
Tag: Parents
Keep Calm and Learn On
Calm and concentration are essential to learning. Yet, in the high stakes, fast-paced, memorize and regurgitate modern American academic meritocratic classroom, where secondary school students switch from learning Calculus to Shakespeare in five minutes or less after deftly navigating the social complexity in crowded (even in COVID-affected days) hallways from one class to the next,…
Four Year Colleges Still Accepting Fall 2021 Applications
The National Association of College Admissions Counseling (NACAC) published their annual “College Openings Update”, a database of four year US universities which are still accepting applications for the upcoming school year. Thus, for students interested in attending a four year college in the fall, there’s still admissions opportunities for Fall 2021. Keep in mind that…
College Admissions In the Time of COVID
Recently, I spoke with families at the Sacramento Buddhist Church about the current state of education, particularly changes to the college admissions process as a result of the near holistic COVID-induced disruption. I’ve highlighted several issues in the following post, as well as included the full recording. Questions about widespread test-optional admissions dominated our conversation,…
Why the May 13, 2021 10 Year Treasury Auction Matters to Student & Parent Loan Borrowers
Federal student loan interest rates, the cost of borrowing money to be paid at a fixed rate over the life of the loan, are set by adding 2.05% for undergraduate loans to the 10 Year Treasury Rate after the last May auction each school year. [For the upcoming 2021-22 school year, loan interest rates will…
The Perils of Being Elite
Many students, each year apply and believe they should be admitted to an elite college—defined statistically by yield, selection rate, and its inverse, rejection rate. So when reality dawns in the spring and applicants realize instead they are part of the 95% of those who will not be admitted to an elite college, they are…
Has the college admissions bubble finally popped?
The law of supply and demand dictates that when prices rise, demand shrinks. Yet, demand for college education post-WWII seems to be inelastic (meaning that demand does not seem to react to increases in price), has only increased, despite the four-digit increase in tuition and costs that has been leveraged to the tune of $1.7…
The path to educational normalcy begins….sort of
Even though students are returning to K-12 campuses, either in hybrid models, toggling between in person attendance on campuses and virtual school, or a full five day a week schedule, the social dynamic amongst students as well as the learning process, is shifting. New social divisions amongst students are forming, as some students, especially secondary…
College Admissions: complexity and emotion in a time of increasing demand
Every Spring, students and parents confront the subjectivity of the college admissions process, where “No’s”, “Yes’s” or “Maybe’s”, are all equally unexplainable, given the complexity inherent to the admissions evaluation process. Thousands upon thousands of applicants are evaluated in under five months, read multiple times by at least two different individuals, who are all susceptible…
Highly Selective Indeed
Throughout the Ivy League, possibly emboldened by test-optional admissions policies being one less barrier to entry, Fall 2021 applicants increased by double digits, adding subjectivity to the admission evaluation process and dropping admit rates year over year, some to record lows at Harvard, Columbia, Princeton, University of Pennsylvania. Ivy League admit rates for the Classes…
How do I choose a college when I can’t visit the campus?
Although its difficult in the age of COVID to visit campuses, in no way should that diminish one’s effort to gain as much information as possible to make an effective decision when choosing a college from those which you’ve been admitted to diminish the risk of malinvestment. Admitted students should use every virtual resource available…
College is an Investment
Now accepted to a variety of colleges, the complex work of building consensus toward a final choice begins. Families should seek to select the college with the most opportunities where a student to discover or gain confidence in an inherent aptitude. Thus, I strongly encourage families not to rush the college decision, so as to…
College Isn’t a Cure-All
Tomas Chamorro-Premuzic and Becky Frankiewicz writing for the Harvard Business Review (HBR) tackled the topic of higher education and full employment leaving out, for now, the idea of a lasting peace of mind. Of course, although there may be a multi-decade correlation between a college degree and three or less careers in one’s lifetime, equaling…
Oh, that’s why Zoom is so fatiguing….
The idea of Zoom fatigue isn’t Gen Z’s contribution to the long list of complaints about school. It’s real. Dr. Jeremy Bailenson and his team at Stanford’s Virtual Human Interaction Lab explain why Zooming is fatiguing even though we’re sitting in a single place, typically comfortable at home, talking or listening to others. First, we’re…
2021 Creative Marbles’ Educational Retainer Offerings Continued
As no two families are the same, we offer a diverse range of advising options for parents and students to retain our counsel, which were first introduced in the Elite and Selective Tiers. The following offerings in the Preparatory Tier backstop a families’ efforts with strategic, poignant guidance at timely intervals, utilizing the totality of…