In a recent survey published by the Brookings Institute, current college students with student debt were unaware of the exact loan amounts, as well as what they’d eventually repay. At $1.2 Trillion and growing daily, total student debt may be more complicated than we, as a society understand. Highlights of the findings are below: At a public four-year…
Tag: Private colleges
Living with Mom & Dad?
Is the trend shown in the chart below, caused by the increase in student loans, as seen in the following chart? Charts Courtesy: Goldman Sachs Global Investment Research & Zero Hedge, October 26, 2014
On Writing
The writing process is not simple nor are perfect college essays developed in one draft. The following is an excerpt from a recent New York Times Magazine article, “Old Masters“: Lewis Latham on writing: When I was 6, I delighted in the act of writing, at 12, in the expecting that by the time I…
Where the Young Live
The following graph shows the top American cities with growing populations of young adults and recent college graduates – indicating growing jobs and features attractive to today’s generations. As cities gain popularity, college applicants may be wise to research the location in order to determine the potential job opportunities and quality of life for after…
September 2014 ACT Scores Available Online
September 13, 2014 ACT test scores are now available online. The mailed copies of test scores will arrive in the next 2-4 weeks. Often, the online score report is missing the Combined English/Writing section score, as ACT readers are still evaluating the essays. Fear not: the Combined English/Writing score will be posted online within the…
Are You Ready for the SAT and ACT?
Reviewing subject matter broadly does not constitute an effective preparation strategy for the SAT and ACT. Since the SAT and ACT constrain students’ performance within strict time limits, understanding the test format is essential. Being familiar with the test structure and testing circumstances, students can deftly navigate each section, and not become flustered when encountering…
College Confidence?
The following chart shows wage growth (or lack of) 60 months into the most recent economic “recovery”, which is at the lowest point since World War II. Furthermore, the employment situation is no more rosy: “The bottom line is, we’re a million miles from full employment,” said [David] Blanchflower, a Bank of England policy maker…
College Tuition Up 1225% Since 1978
As has been previously discussed, college tuition is increasing annually, and shows few signs of abating; however, at some point college education will be subject to the law of supply and demand. As demand for college education continues growing – seen in each year’s record numbers of applicants, with total student debt growing beyond the record breaking $1.2 Trillion mark…
College Worth vs. College Worthy
A single ‘C’ grade in a high school class is not the security guard blocking the door of admissions to college, nor is an middle-of-the-road SAT or ACT score the reason to abandon all college plans.
Ahead of the Curve: August 9, 2014
Inspired by CMC Clients: OMG College ESSAYS! College essays are often feared. Topic selection can confound students, who’re under the impression that a traumatic-dramatic-life-altering experience makes a compelling college essay. However, choosing the “perfect” topic is not necessary to begin writing. Simply start putting words on the page. Then, students will have some thoughts to edit and…
The Bill Always Comes Due
An unprecedented $1.2 trillion in student debt has grown exponentially in the last several generations, showing few signs of abating. In less than one generation, college graduates have tripled their debt burden. According to the Wall Street Journal, over 70% of the Class of 2014 will graduate college with an average of $33,000 in student…
Sometimes You Gotta Go Slow to Go Fast
Parents are often afraid that summer vacation will render their children’s minds into mush. Plus, the indulgence in what can be considered mindless activities, like playing video games, for hours on end is a seeming threat to a kid’s long term college admissions competitiveness. Realistically, most students brains, nor their chances for college admissions, were…
Guest Post: Follow Your Instinct to Choose a College
A second blog post from Stephanie about how the “feel” of the campus helped her choose a Mills College in Oakland, CA. I graduated last year (2013) with a BS in Biopsychology and minor in Ethnic Studies. I was originally interested in medicine, but discovered that I enjoyed laboratory work after doing research under scholarship for a…
A $60 Trillion Inheritance…in Debt
Wishing a better life for our children is normal. Actually setting aside our personal wants in favor of our children is more complicated in practice. The next generation will inherit a record $60 Trillion in total U.S. debt—government debt, business debt, mortgage debt and consumer debt. (See chart below) Furthermore, the growth of student loan…