Trouble in the College Market

Two-thirds of all US universities are expecting enrollment to decrease in Fall 2020, with obvious impacts to fiscal revenues. For universities already reporting growing fiscal deficits from the initial COVID-impact in the Spring 2020 academic term, the loss of revenues can further compound the sustainability of the modern American university.  According to the latest statistics from the National Center for…

Continue Reading

“I feel a change coming on…”

University enrollment has annually grown, despite four digit percent increases in the costs of college over the last three decades, seemingly making an inelastic demand for college eduation. Yet, for the 2020-21 school year, for the first time, there may be a a shift in the supply/demand equation given the changes in the recruitment for the newest class of students,…

Continue Reading

College Waitlist Leverage

Ahead of the traditional, widely accepted national enrollment deadline of May 1 for first year college students, although some colleges have extended the enrollment deadline to June 1 due to the COVID-19 health crisis, college admissions officers are already extending offers of admissions to waitlist candidates. I contacted two different admissions officers on the West Coast and another in the…

Continue Reading

Is COVID-19 Affecting Admissions Rates?

The chart above is a comparison of the admissions rates between Fall 2019 and 2020 at a sampling of the most selective universities, ranked from lowest difference to highest.  Brown University and Princeton University both dropped their admit rates slightly in 2020, possibly indicating a confidence in their school’s brand that the COVID-19 health crisis with the subsequent economic and…

Continue Reading

Does a Free Lunch Exist?

Here’s how to borrow $127,000 in student loans, only repay $87,000 over twenty years, and have the U.S. Government pick up the tab for the $450,000 still owed at the end of the repayment period.  [Notice the quadrupling effect on the total balance owed because of the interest that accrues in the two decade long repayment period? ]

The Modern “Starving” Student

College alumni often joke about days as a “deprived” undergrad, only eating instant noodles—fast, filling meals on a limited budget—like a badge of honor.  Growing numbers of today’s college students, however, embody the literal meaning of “starving” college student. According to the Wall Street Journal: In 2010, the UC [University of California] system added a food-security question to its biannual student…

Continue Reading

What a 99 Year Old Wall Street Trader Knows

Although Irene Bergman intended her advice for Wall Street finance types, her wisdom can apply to anyone in any situation.  Bloomberg News recently highlighted Ms. Bergman for her longevity in a notoriously competitive business, stock trading. We can all learn a lesson, if for no other reason, than Ms. Bergman has the weight of a century of life behind her words.…

Continue Reading

Internships: The New Entry Level Job

Go to college. Then, get a job.  The old adage may have passed its time.  Now, the meme may be more like, “Compete to get into college.  Go to college; work unpaid internships every semester starting your freshman year, and each summer take more internships, then, hopefully, you’ll get a job by graduation.” According to a May 18, 2015 Washington Post article:…

Continue Reading