House Votes to Keep Student Loan Interest Rates Low for 2012-13: A Good Move?

The Wall Street Journal reported that the House today passed a resolution to keep the current interest rate on student Stafford loans at 3.4% for the 2012-13 school year.   The Senate is scheduled to vote on a similar bill on May 8th.  Without Congressional consensus, student loan interest rates will increase to 6.8% for the 2012-13 school year. While interest…

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Fall 2012 UC Admissions More Competitive for Freshmen

The University of California released their admissions numbers for Fall 2012 Freshmen last week.   The uncertainty in the state budget and record number of applications  or Fall 2012 Freshmen admissions created additional competition and subjectivity in the admissions process.   UC Davis Chancellor, Linda Katehi, recently stated: UC Davis refused [Fall 2012] admissions to 1500 or more students with a 4.0…

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More on Financial Aid & College Affordability

Here’s a few tips when choosing colleges for application and enrollment, and simultaneously determining how your family will afford the costs: Calculate all 4 or 5 years of costs when determining the affordability of college, not just the first year. College costs during a student’s senior year in college are likely to be at least one-fifth higher than during the…

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Financial Aid: There is No Free Lunch

There is no-magic-bullet-one-time-conversation-painless-and-costless solution to paying for college.  Increasing the amount of financial aid–either need based or merit based–are multiple year efforts that extend through a student’s entire college career.  Basically, there is no free lunch. Moving equity from one’s home to a life insurance policy or rolling all savings into retirement accounts are strategies may have greater costs to…

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Considering Universities as Idea Makers to Select Colleges

Research and exploring ideas aren’t usually at the top priority of a student or their parents in choosing a college.   “Getting a good job” or “moving away from home” are more common criteria for choosing colleges.  However, universities are incubators for new knowledge.  (Think: Google, which emerged from graduate work at Stanford )  Knowing the opportunities for students to participate…

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Parents and Academic Success

Parents often ask what they can do to support their children’s education.  Elementary school parents can feel confident to assist with homework assignments and welcome to volunteer in the classroom.  Yet, as students mature, mom and dad’s presence on campus at middle school and high school can be an embarrassment to teens, while mom and dad wonder, “How many more…

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College waitlists: the in-between of college admissions

College wait lists offers can leave seniors with more questions than answers.  Why didn’t I get accepted, yet wasn’t denied admissions?  What information, if anything, should I send to boost my chances of admissions from the wait list?  How, and is, the wait list ranked?  What are my chances of being admitted from the wait list?  Where else should I…

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Spring Slide to Summer Break

With warmer weather combined with the last quarter of the school year, students and teachers start counting the days until summer break.  The monotony of daily homework, interspersed with grade impacting, year-end projects, can challenge any student to stay focused.  Parents often raise concerns that they’re making more frequent “reminders” about homework deadlines and trying to rein their student inside…

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