Student loans, grants and scholarships are replacing parent income and savings in paying for college. Source: Wall Street Journal
Tag: High school sophomore
It’s Never Too Early (or Late) to Plan for College Costs
After talking with News10 Sacramento this morning about financial aid and paying for college, thought I’d share a few additional tips and expand on a few points we discussed: Understanding the Family’s Finances: The more parents can understand the family finances, the better planning can take place for the additional expense of college tuition. Some…
“Summer Reading” Is Not An Oxymoron
As summer vacation begins, so too does the back and forth negotiation to complete summer reading assignments. Even for avid readers, summer reading assignments can sap the pleasure derived from reading. Both parents and teens know all the logical, rational reasons TO complete summer reading sooner rather than later, but there’s that part of the…
Choosing Harvard: Thoughts About a “Prestigious” University
As Juniors and their families begin sizing up prospective colleges for application and weighing the value of a college’s reputation, I thought I’d share I came to be a Harvard graduate, along with thoughts about a recent New York Times article, Measuring College Prestige vs. Cost of Enrollment. Quotes from the New York Times article will…
The Student Debt Dilemma
While debt can be a useful tool to finance a college education, potential borrowers (and their families) would be prudent to think through their choices, as we discussed in a earlier 6-part series on fiscal planning. And, to add emphasis on the need to think ahead, Fidelity Investments recently found that, “[e]ven with the…
What’s College’s Value Given Today’s Prices?
Choosing a college based on price or which campus offers the greatest amount of financial aid can seem like a foreign concept to many families. However, as tuition continues rising annually and parents face the quandary of balancing saving for retirement and paying for college, at the same time their income seems to be shrinking,…
Are Families “Shopping Around” For the Best College Deal?
The growing gap between the rate of inflation and increasing tuition, since 1985, may cause families to more carefully consider the worth of a college education, and “shop around” for the “right” campus.
To Seek Tutoring or Not
From the middle to the end of any semester, I start receiving calls from worried parents for tutor referrals. What I’ve learned in my decade of experience is that families hire tutors for a variety of reasons. Being clear on the specific reasons for engaging a tutor can make the the tutoring relationship the most…
“I Got In. Now, How Do We Pay for College?”
“How do I pay for college?” is an often heard question from Senior parents at this time of the year. As college acceptances and financial aid award letters arrive, the reality of an imminent, multi-thousands of dollars per year over multiple years expense may be blossoming in the consciousness of families, especially when a…
Not Every College Awards Advanced Placement Credits
One benefit of Advanced Placement (AP) classes and exams has been the ability to earn college credits, while still in high school, for an exam score of 3-5 on a 5 point scale. However, before assuming EVERY college will provide the college credits and the college credits for the SUBJECT in which the test was…
Learn HOW to Learn: The Legacy of Mr. Coombs
At this time of the school year–after first semester grades and well-into the next semester–I receive increased requests for tutor referrals. Parents and students naturally assume that a less than expected grade in a class is due to content deficit–that somehow the student just “isn’t getting it”; “it” being the ideas and concepts presented in…
Change Comes, Even for the SAT
The College Board recently announced that the SAT will be considered for revisions, although no time frame for a revised test to be used by students and colleges was stated. Despite speculation about why the SAT is being revised, given the previous changes were made only a decade ago, the reality for prospective college applicants…
What the what?!? Pick A College Based on Surfing?
There’s a myriad of ways to select colleges for application. Major choice and future careers usually pop into both students’ and their parents’ minds as the first criteria for choosing a college. However, many get stumped, because at seventeen a student may not have identified a specific academic concentration, nor an intended career. And, parents…
The Skinny on Increasing College Tuition
Wondering why college seems more costly than in the past? According to the U.S. Bureau of Labor Statistics, college tuition has increased 559% since 1985. Over the same time, disposable income has increased only incrementally, which can create the perception of greater costs for each family.
“Talk With Your Teacher”: Not Always a Simple Task
“Talk with your teacher” is usually advice that parents give to their high school aged student when an academic issue arises. Teens can typically have the following reactions to their parents’ suggestion: they silently agree, then don’t actually talk with the teacher or they protest, with reasons about the teacher not liking them or being…