Often families mistake college affordability as “lowest price”, yet few consider the potential opportunity costs of an (un)realized genius. Thus, as high school seniors, transfer students, and their families weigh the awesome choice of one college acceptance over another (often while grieving an admissions denial), exercising patience and careful consideration is most prudent. While every…
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…
Artie Shaw, the renowned Jazz clarinetist said, “Success is an opiate.” Success is not what people think of you, not what you do, the awards you receive or the material trappings you have collected. Instead, confidence in one’s purpose, a calling that defines a higher esteem, an evolution of our spirit, often requires a Guru…
Attending college is not required for achieving economic prosperity nor lasting peace of mind. Success is defined by the individual’s interpretation of their net worth that they were born to discover throughout a lifetime of searching for value from the sum of their experiences. Yes, that may include attending college, and praise to those who…
As school officials brainstorm ways to reconvene students and teachers in the school building, while living in the midst of a pandemic, educators add “montioring students’ health” to their primary mission of helping students learn. As such, students will also add “decontamination ritual” with “do your homework” as their “get ready for school” checklist. In…
Skip to 00:40 An inspirational message that one never tires in hearing.
As the saying goes, “For every system, there is a counter system.” And, the recent Federal indictments of 50 individuals only becomes the latest example of an educational counter-system. College coaches, athletic department administrators, parents, and Rick Singer, the independent college admissions consultant, collectively found a way around the admissions office, the “front door” of…
Hearsay and rumors can preclude students from considering women’s colleges. In order to gain more understanding, Olivia and Stephanie, the authors of the following post, share their experiences as students at women’s colleges in different parts of the United States. Olivia currently attends Mt. Holyoke College in South Hadley, MA and Stephanie recently graduated from Mills College…
More Americans believe that going to college is NOT an affordable option.
Today is the first day of the rest of your life. Past failure and success can no longer be experienced. Right now is where life happens. To fail or succeed are just two more concepts others like to hang around our necks. Then, as our life unfolds, we are shaped, corralled by the overuse, abuse…
“To get a good job,” is an oft heard reason why a student is headed to college, usually stated while their parents nod vigorously in the background. A recent New York Times article–New Metric for Colleges: Graduates’ Salaries–discusses the merits of using a college graduate’s average earnings as a measure of a campus’ value, which…
Roughly 30 percent of every dollar we take in from tuition we reinvest back in financial aid. So the nominal tuition is $12,000 but the real tuition is probably about $8500. It’s like the sticker price on an automobile: 62 percent of our students don’t pay the sticker price, [which is] income adjusted. But it’s…
We finish our podcast series today on College Selection and Financial Aid, by discussing the need to define the value of college in an era where tuitions are rising faster then the cost of pretty much everything else we consume. Furthermore, we offer simple questions that any family can ask early, and often, in helping…
This is the first in a series of Podcasts dedicated to the complex topic of financial aid as it relates to college selection, with its focus on seeking the greatest return on one’s investment in a college education during an era of rising college costs. We hope you enjoy our thoughts and as always, feel…
Now that we understand income, expense and net income–which we arrive at by subtracting expenses from income in any given period–we are now ready to look at the balance sheet, which few understand, but is essential when trying to get a truer understanding of one’s net worth. Everyone’s fiscal interactions with others, which happens everyday…
