Millennials Will Not Be Better Off Than Their Parents

For the first time in US history, the younger generation will not gain more wealth in their lifetime than their parents. As Scott Galloway points out, Millennials are the largest percentage of full time workers in the US, but economic growth has been slower than for their parents at the same age.  Furthermore, Millennials hold 31.4% of all student loan…

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College Price Is, Contrary to Popular Opinion, Negotiable 

Warren Buffet famously stated, “Price is what you pay, value is what you get.” Thus, in valuing the education at one college in comparison to the education at another college (or even a third campus), contrary to popular belief, families have the advantage.  Families can negotiate college price, known in educational parlance as “Cost of Attendance” to reduce out-of-pocket costs,…

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Maybe…Letters of Continued Interest

There are three college admissions decisions: admit, deny, and the most confusing of all, Waitlist. Yet, students, choosing to remain on a waitlist by “opting-in” before the deadline posted in the admissions letter, should be sure they understand what the choice entails.  First, understand there is no guarantee that any students will be considered for admissions from the waitlist. But,…

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Comic: I'm more confused than a chameleon in a bag of skittles

Post College Admissions Decisions Drama Unfolds

In the aftermath of high school seniors receiving their Fall 2022 college admissions decisions, many people are acting as amateur college admissions officers, including applicants’ themselves and their families. Many speculate why someone was denied, yet another (who seems less qualified) was admitted.  In the speculative frenzy, often, urban myths are perpetuated:   MYTH: Out-of-state applicants, who pay more tuition, are…

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The Stages of College Admissions Grieving

“I’ve been rejected” is typically how students translate being denied admissions to a college. (Although, in reality, such a view is not true, many students, who have been trained to seek outward validation from teachers, parents, coaches, club sponsors, tutors etc as the arbiter of being “right”, “smart”, or “capable” thus worthy, lump admissions officers in the same category, thus…

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Satisfaction

As the legendary Mick Jagger belted, “I ain’t got no…sa-tis-fac-tion.”  Mick’s words of wisdom can apply to many high school seniors and their families as the college decision making season descends.   Robert Barkley via Rick Clark, seasoned Director of Admissions at Georgia Tech, is confronting the possibility for dissatisfaction regarding outcomes in the expectation laden college admissions process.  For many…

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The High School Course Selection Dilemma

Choosing classes for the upcoming high school year is often fraught with questions, typically prioritizing how to meet and exceed the college admissions eligibility requirements:  What’s the “right” number of Advanced Placement (AP), Honors and/or dual enrollment community college courses during one year to be competitive for college admissions? How do I balance managing the work of advanced classes while…

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Chart: New York Federal Reserve Commodity Price Change Expectations, July 2021

Cost of College Continues to Outpace Consumer Price Inflation

According to the New York Federal Reserve Bank’s Survey of Consumer Expectations, since January 2021, respondents consistently predict rising college education expenses in the coming 12 months: 5.6% increase in January 2021, rising to a 6.1% increase in May 2021, and most recently in July 2021, even higher at a 7.5% rise. Whereas, just a year ago in July 2020,…

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Building healthy money habits

Guest Post: 3 Easy steps to building healthy money habits with your children!

Although intended for families with younger children, Jessica Weaver’s advice to help kids become financially literate applies to teenagers as well. Inherent to financial literacy is defining one’s values, which is an essential tool for teens and families reduce the risk of college malinvestment. The other day I was squeezing in some work while sitting with my daughter, Andie! She…

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Gen Z: The Young and Increasingly Disaffected

As of First Quarter 2021, 3.8 million 20-24 year olds are not in school nor employed, 740,000 more young adults adrift than in First Quarter 2020. While wondering, “Where are they?”, more disturbing to consider is, “What are the long term consequences of a delayed entry into adulthood?”  First, dismay may be transforming into disaffection. The current generation of 20-24…

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GIFF: Spongebob Prepare to Be written

College applicants take note: life’s a journey not a destination

College essays are not an assignment to “get done.”   College essays are not defined by the word count or format. College essays are not a resume-like listing of a young person’s achievements, hoping the admissions evaluator intuits their potential thus grants admissions. College essays are not bounded by the (mis)interpretation of a prompt.  College essays are not prose-like panderings to…

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Chart of Labor Market Outcomes of College Graduates by Major (May 21, 2021)

Too Many People with The Same Good Idea

New college grads, those aged 22-27, who studied computer science, are just as likely to be unemployed as those who studied the fine arts, according to the latest New York Federal Reserve analysis.  The irony.  Most families expect that any studies remotely related to technology translates to unequivocal and continuous employment throughout one’s lifetime. Conversely, both parents and students often…

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See, Speak, Hear no evil monkeys

Beware of Admissions CON-sultants Hiding in Your Midst

Amidst the rise of the academic meritocracy, as increasing numbers of students qualify for then apply to college, selectivity for admissions annually increases, yet high school counseling staff has been inadequate for the demand, thus many families seek the help of private admissions consultants. But, in the Era of Educational Experts, when qualifications and motivations to help families range widely,…

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The Death of Ignorance

Is the College Landscape Experiencing a Tectonic Shift Post Pandemic?

The effects of the COVID-induced disruptions to education have yet to be quantified in the intermediate and long term, thus educators struggling to redefine “normal” learning for years to come, as an entire COVID-affected generation, Pre-K through College, matriculates through the educational system. Additionally, the SAT, an 80 year old admissions requirement, is being summarily dismissed and subsequently, questioned. Students…

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Grads(lg).CMC2015

Challenging Employment Prospects for Class of 2021 Grads

Class of 2020 and 2021 college grads, anxious to shop their abilities amongst employers, will confront a complex labor market post the 2020 COVID-influenced economic meltdown.   As Class of 2021 graduates emerge from the chrysalis of college, seeking entry into the professional class, they may instead queue up behind the 45% of their Class of 2020 peers who are still…

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