Archive for the 'Financial aid' Category
Thursday, November 20th, 2008
Yesterday Scott Jaschik of Inside Higher Ed reported in a lengthy (but characteristically thorough) article that despite the economic downturn, the number of early decision applications to many expensive, private colleges is up this year over last. Mr. Jaschik offers the following possible explanations:
1. Colleges are better communicating that college fit matters, so students [...]
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Posted in College Visits, College selection, Early Action, Early Decision, Educational Consulting, Financial aid, Scholarships, college admission, college counseling | No Comments »
Tuesday, November 18th, 2008
I’ve received a number of questions from readers, clients, and friends about how to navigate the college admissions and financial aid process in tough economic times. By far the biggest worry on everyone’s mind is finding the resources to pay for college.
In some ways we have a perfect storm a-brewing. As personal savings and college [...]
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Posted in Admission, College search, College selection, Educational Consulting, Financial aid | 2 Comments »
Monday, November 17th, 2008
The financial downturn has high school seniors and their parents running scared. How can we reduce costs? How can we get the best deal?
The conventional wisdom says that an in-state college is the cheapest option. As with most conventional wisdom, this assumption is wrong.
Let’s compare costs for a Colorado student considering majoring in business at [...]
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Posted in College search, College selection, Colorado colleges, Educational Consulting, Financial aid, Montana colleges, Scholarships, Student loans, Wyoming colleges | 1 Comment »
Tuesday, November 11th, 2008
Clients have asked me repeatedly to explain the relationship between the financial aid and admissions offices, and to help them to understand how financial need is factored into admissions decisions. Usually these questions revolve around whether a college is “need blind” or “need aware.” So in this post, I’ll try to shed some light on [...]
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Posted in Advanced Placement, College selection, Educational Consulting, Endowments, Financial aid, Scholarships, Student loans, Tuition, college admission | No Comments »
Thursday, October 30th, 2008
The annual report from the College Board indicates that the cost of tuition went up last year. On average, costs increased from 5-6%, depending on the type of institution. If you want more specifics, you can see the summary of the report in today’s edition of Inside Higher Ed.
The big question is how much colleges [...]
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Posted in Admission, College Board, Financial aid | No Comments »
Wednesday, October 29th, 2008
The press is full of startling articles about the impact of the economic downturn on financial aid. For example, George Washington University is likely to transfer a portion of its financial aid budget for next year to students currently enrolled. The private university fears that a significant portion of its student may have to leave [...]
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Posted in Admission, College selection, Educational Consulting, Financial aid, college admission | 10 Comments »
Monday, October 27th, 2008
Forbes posted an article on October 22, foretelling hard times in the country’s higher education industry. With falling stockmarkets, declining endowments, and some colleges having loaded up with debt in the past decade or so, the article predicts that some colleges may be swallowed up by financially stronger competitors, or will at the very least [...]
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Posted in Educational Consulting, Financial aid | No Comments »
Tuesday, October 14th, 2008
Generally speaking, investing in yourself is a smart idea. More education usually leads to more opportunity, better jobs, and higher income. However, many students have no idea how to think about the investment in financial terms.
For example, does it make sense to spend $100,000 and take on tens of thousands in loans [...]
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Posted in College search, College selection, Financial aid, Tuition, college admission, college counseling | 1 Comment »
Sunday, October 12th, 2008
The Los Angeles Times ran an opinion piece today written by Anthony W. Marx, the president of Amherst College, in which he eloquently defended independent decision-making by independent colleges. In the past year or so, Congress has had its knickers in a twist about the rising value of college endowments at some private colleges–even as [...]
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Posted in Endowments, Financial aid, Harvard, Yale | 1 Comment »
Wednesday, October 8th, 2008
My clients who aspire toward a career in fine art know that they need to prepare a portfolio of their work to present to admissions officers. These portfolios need to show off their best work, and provide a window into their creative thought processes.
Most students interested in admission to a school of art and design [...]
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Posted in Accountability, Admission, Art School, Arts, College search, Educational Consulting, Financial aid, Portfolios, Study abroad, college admission, college counseling | No Comments »