Soccer field sidelines are filled with parents sharing their college expense stories and sometimes “nightmares” that can create misinformation circulating through the community. Depending on the listening parent’s effort to validate or debunk the information gleaned can determine how useful the shared experience will be in guiding their own children. Here’s a few common myths:
Tag: Planning
California’s Prop 30 and Possible CSU Tuition Increase
If Proposition 30, a tax increase initiative on the November ballot, doesn’t pass, CSU students and their families could be faced with an additional 5% tuition increase mid-school year, on top of the 5% increase that was instituted for before the Fall 2012 school year started. Similarly, UC students and their families are facing a…
MAAAAIL CALL: ‘Tis the Season for College Brochures
This time of year glossy, thick papered brochures in big 8.5″ x 11″ envelopes, with personalized letters from colleges in far off places–like North Dakota and Ohio–as well as more known places, like Los Angeles or Seattle, begin arriving by the mailbox full to high school seniors all over the country; not to overlook the…
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…
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…
College Rankings: What Are They Worth?
College rankings and lists are not lacking–Forbes, US News & World Report, Washington Monthly, Newsweek–just to name a few. And, for families already wondering about a kid’s chances of college acceptance, after 12 years of thinking and re-thinking every class, homework assignment and academic opportunity, not to mention the hours spent at sports practices, dance…
Location, Location, Location: Keystone to College Selection
To tour or not to tour? What activities should be arranged when visiting colleges and new cities? These questions and more are answered by Art Baird & Julie Nguyen, Creative Marbles CEO & CFO respectively, in the following podcast, after their return from visiting Chicago area universities. For more information, listen to our previous podcast.
Who’s Responsible for College Bills?
Why do parents expect to pay the entire bill for college? Often, parents tell us that they want their kids to apply for scholarships and are frustrated, if that doesn’t happen. Yet, they’ll move forward with paying for college. Is it a parents’ responsibility to ensure the bills are paid for college, without at least…
UC Tuition and Fees: Up, Up and Away
Anyone involved in the University of California over the past thirty years knows one thing for sure: The tuition and fees for the UC has gone in one direction–UP.
Just Because You Can, Does That Mean You Should?
Are we “solving” issues too quickly with medication, or just “kicking the can down the road” only now with more complications for a generation of today’s youth? According to a recent Wall Street Journal article, the U.S. Centers for Disease Control & Prevention reports 14% of Americans 12 years and older have been on medications…
Study Abroad: Necessity or Privilege?
Study abroad isn’t simply an opportunity to travel and live in another country. The immersion in a second (or third) culture and/or language can change a person’s views, values, and confidence–as the individual is literally transplanting themselves in a foreign location and learning to thrive. Is study abroad or some international experience becoming necessary to…
To Transfer or Not to Transfer: The Community College Dilemma
Parents (and increasingly students) are asking us about transferring from a community college to a 4 year university from early in their high school careers and making transfer a primary option, rather than a Plan B. Community college transfer became a more serious option when families were uncertain about admissions chances. Now, younger students and…
Prudent Fiscal Planning (Part 4): To Save, Or Not To Save That Is The Question
Previous posts in this series on prudent fiscal planning, focused on the need for fiscal planning, as well as both the income and expense elements of the profit and loss (income and expense) statement. Today, we will look at net income–which is the total after subtracting expenses from income in any given period–and, yes, it…
High School = College Tours “Invade” Family Vacations
Once students enter high school, parents start planning summer vacations to coordinate with college campus visits (often wondering where all the time went). More exposure to college life helps students make informed decisions about applications and eventually enrollment. Listen to our tips that will help make time on campus more productive: Starting tours early also…
An “If” Halts UC Tuition Increase…Temporarily?
If voters approve a tax increase on November’s ballot, then the UC will freeze tuition at current amounts–$12,192. (The UC Regents discussed the possibility of a 6% tuition increase for 2012-13 at their last meeting and were expected to vote on the increase in July. That vote will not be called.) However, if voters DO…