College Tuition–Is It Worth It?

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 in order […]

In Defense of Large University Endowments

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 […]

Carnival of College Admissions, 2nd Edition

Welcome to the second edition of the Carnival of College Admission.  The Carnival is a biweekly round-up of interesting blog posts related to the transition from high school to college. I’ve had many folks contact me asking what a blog carnival is, and why they should consider submitting posts to each edition.  My friend, Peter […]

How Americans Pay for College

Sallie Mae and Gallup released a new annual survey on how families in the US pay for college. It yields a great deal of information.  One of the problems in analyzing this data, however, is the huge variety of colleges student attend, the financial circumstances of those families, and the enormous varance in the price […]

The Economy Affects College Enrollments and Admissions Strategies

An excellent article from the Baltimore Sun analyzes the way in which colleges are reacting to the economic downturn.  Here are some of the trends. More private colleges are turning to their waiting lists to fill their classes. More families are making deposits accepting admission to more then one institution, then bargaining hard for financial […]

Carnival of Kids and Money

Well, this carnival is up a bit late, but it was worth waiting for.  The Carnival of Kids and Money is hosted by the Money Hacks. My favorite posts at this carnival are: Michael presents College Life: Is it Better to Live On-Campus or Off-Campus? posted at Michael Emilio.  It’s a great post that lays […]

The Low Cost of College Tuition

The New York Times published an article today that provides a comprehensive look at the colleges that have been moving swiftly to lower their tuition rates for lower income and middle class families. Primarily, the colleges that are making these price reductions are the more wealthy, upper-tier institutions. But the article points out, as I […]

Claremont-McKenna and Lafayette: Changes in Financial Aid

Two more colleges have readjusted their financial aid policies in the wake of Harvard’s decision to woo the middle classes by offering richer aid packages (which I wrote about here). The changes were reported in Inside Higher Ed: Two more colleges have joined the growing number pledging to eliminate loans for low-income students. Claremont McKenna […]

Columbia Joins the Bandwagon and Changes Financial Aid Policies

Columbia University announced today that it was joining its Ivy League sister institutions in revamping its financial aid policies to make the University more affordable for the middle class. Families with incomes of less than $60,000 will pay nothing. Families with incomes of less than $100,000 will see a significant increase in the amount of […]

College is an Investment: Choose Wisely

If you’re like most parents, you’ve begun saving money for college. You know what a huge investment college can be. But have you thought about about the investment in choosing the right college? Consider these facts: A college education is the biggest investment a family will make, aside from a home. The cost of attending […]