Part of the “American Dream” is to send children off to college after high school. We envision them living in dorms, enjoying the true ‘college experience’, learning and growing into adults. The reality is that some children aren’t ready for that independence. Many college students return home after a semester or two of college, usually because of failing grades, lack of friends, or simply too much partying. So how do parents know if their … [Read more...]
Are You Managing or Controlling Your Child’s College Plans?
“Hanging back and allowing children to make mistakes is one of the greatest challenges of parenting.” This is perhaps one of the best points made in a recent New York Times article, Raising Successful Children, and couldn’t be more poignant than during your child’s senior year. In today’s college admissions, everything is competitive and overwhelming. This makes it easier for parents to want to step in, help, and guide their child through the … [Read more...]
Doesn’t Anyone Graduate from College in Four Years Anymore?
According to federal statistics on college graduation rates, only 27% of college students who attend public colleges graduate in four years. Private schools have a slightly better track record: 48% of students get their college degree in four years. Private for-profit colleges have even worse graduation rates (don’t get me started on those so-called “schools”). Either way, those are some disappointing figures! Colleges also use their 6 year … [Read more...]
Financial Aid Secrets and 4 Tips
Something interesting happens every summer before high school graduates head off to college. Most people in the higher education industry refer to it as ‘summer melt’. It’s a yearly occurrence when extra financial aid is unclaimed and returned to the college’s pool of resources. It’s a result of students who had previously accepted admissions to that college deciding not to attend, thus leaving their financial aid package on the table. That aid … [Read more...]
Can My College Acceptance Be Revoked?
Can colleges revoke admissions offers? What behaviors can cause this, and how can students protect themselves? It’s the time of year again. No, not tax time. I’m referring to senoritis. The time of year when senior year high school students start getting acceptance letters to college and then, promptly, start slacking off in school. It’s tempting, I know. They already got into college, why bother with maintaining grades or doing homework? One … [Read more...]
Top 25 Colleges for Entrepreneurship
Think you've got what it takes to start a business? Time to get educated. To get your schooling underway, Entrepreneur presents the annual Princeton Review ranking of the top 25 undergraduate and top 25 graduate entrepreneurship programs offered at U.S. institutions. 1. Harvard University About the Program Harvard University currently offers 33 entrepreneurship-related graduate courses. Over the last five years, its graduates have started 182 … [Read more...]
Avoid Expensive Errors While Saving For College
It’s just about back-to-school time again. If you have young children, you might be hustling them to the store for backpacks and binders. But if you fast-forward a few years, you can envision driving your kids a little farther — to their college dorms. And when that day comes, you’ll want to be financially prepared. So you’ll want to avoid making costly mistakes when preparing for, and paying, those big bills. Here are some of the most common of … [Read more...]
New College Ranking Lists Published by Money Magazine
For the longest time, U.S. News & World Report was considered THE college rankings system. Every Fall, a "new" list would be released, which would almost always put Harvard was the best college in America. Every once in a while, it would tie with Princeton. Those rankings were based on many factors, including SAT scores, acceptance rates, and graduation rates. But it did not include many other factors that are becoming increasingly important … [Read more...]
SAT Subject Tests and Average Scores
The College Board, the creator of the original SAT, has also created SAT IIs, better known as SAT Subject Tests, to help students showcase their knowledge in certain subject areas. These Subject Tests are the only national college admissions tests where the students get to choose which subject they want to be tested on. SAT Subject Tests allow students to set themselves apart from other applicants and send a “send a strong message regarding … [Read more...]
How to Save for College and Start a 529 Plan
Parents of college-bound students know that the costs of college has risen dramatically. The College Board, the creator of the SAT, conducts a survey of average college pricing from universities across the country. For the 2013-14 academic year, the average cost for an in-state public college is $22,826, while the average private college is $44,750. These costs include tuition, room and board, fees, books, and an allowance for personal … [Read more...]
