Top 10 Remarks NOT To Make At Holiday Gatherings

Seniors and their entire immediate family are experiencing the college application process close up and personal. So in the spirit of holiday giving, if you don’t make ANY of the following top 10 remarks to a college applicant, they’ll appreciate the super-bonus holiday gift: 10. “So, where are you applying to college?” 9.  “What are you planning to major in?”…

Continue Reading

Choosing Colleges With The Price Tag In Mind

Price is increasingly becoming a factor in choosing colleges for application, and enrollment.  67% or two-thirds of families surveyed recently for a Sallie Mae study, eliminated potential colleges at some point in the application and research process based on price, with 40% not even researching colleges after learning the yearly costs.  Our clients are following similar trends, as more questions…

Continue Reading

Ahead of the Curve: October 23, 2013

From the news: Overscheduled Children: How Big a Problem, New York Times October 11, 2013 #PSAT — Students Tweet Amusing Reactions to Standardized Test, Washington Post October 16, 2013 Higher Price Pays Way Into Some College Classes, San Francisco Chronicle October 16, 2013 Army Realigns Reserve Officer Training Program, U.S. Army October 2, 2013 From our clients: “ARRRGH! I don’t…

Continue Reading

Ahead of the Curve: October 16, 2013

From the News & Blog World: “Back to School” PC Sales Collapse to Worst Since 2008 Zero Hedge, October 10, 2013 Tuition, Net Price & Aid: Higher Ed Data Stories, October 8, 2013 Yale’s New President Says Expansion is a Priority: San Francisco Chronicle, October 12, 2013 From Clients: Slow and Steady: as college application deadlines get closer, pressure to…

Continue Reading

Paying for College vs. Saving for Retirement, Round 1

Worries about paying for rising college costs can be compounded by concerns over saving for retirement.  As seen in the chart below, with average retirement savings of people aged 45-54, the general age range of parents with college-aged children, at $10,100, can explain parents’ concerns.   The Baby Boomer group just ahead in age (55-64) has only accumulated $2000 more,…

Continue Reading

Gaining Scholarships & Paying for College is a Process

The recent October Comstock’s Magazine–a business publication in our Sacramento region–featured Art’s & Jill’s advice to plan for rising college expenses and answer the all-important how to apply for scholarships question.  Click here to read more. Financing a college education is a series of choices–sometimes over years.    However, waiting until the first tuition bill arrives as the impetus to start…

Continue Reading

Why Teens Don’t Always Apply for Scholarships

Shifts in the views of parents with children aged 16 or younger about when adulthood financial independence should begin coincides with parents concerns about paying for college.    In Creative Marbles experience, parents expect to shoulder the majority of college costs, at the same time expecting children to contribute toward their education.  However, the shift in parents’ expectations about when adulthood…

Continue Reading

College costs more than 4 years of tuition

Student loan debt is future income brought forward.  To an 18 year old college Freshman, with little experience in financial responsibility, this concept may be foreign.   Financial literacy is only part of the resolution; students and parents need foresight and continued roll-up-their-sleeves effort to pick colleges that will give them the greatest value for their dollar, time and future income.

ACT & SAT Scores Can Affect Financial Aid, Too

Many families ask Creative Marbles about preparing for the ACT and/or SAT, as a way to boost a students’ competitiveness for admissions.  There’s another reason to prepare.  Merit aid scholarships can be awarded on a sliding scale, based on ACT & SAT scores and GPA–as scores and GPA increases, the amount of merit aid increases.    For public out-of-state universities…

Continue Reading