Category Archives: admissions

admissions, college guidance, college planning, college prep

5 Ways NOT to Choose a College

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choose a collegeThere are thousands of potential choices for rising seniors, hundreds of influences on the paths they take in choosing colleges for consideration. How can they best sift through it all to find the right fit for them? And perhaps even more importantly – what SHOULDN’T they do?  Bob Allen, President, Green Mountain College, weighs in:

Top 5 Ways NOT to Choose a College 

  1. Limit yourself to just a couple of search terms. Size, location and a “big bucket” term such as “liberal arts” don’t go far enough to finding the right place to (ideally) spend the next four years of your education!
  2. Choose based on sports teams – unless you’re entering on a sports scholarship, a school’s successful team doesn’t equate to your academic success. You might be better off cheering that team from afar!
  3. Get distracted by facilities – who doesn’t like a fancy dining hall? But in the end, are your meals really what you want to remember best from your education?
  4. Cave in to peer pressure – don’t just default to the school where your friends are going. College is the time to let your individuality shine, to figure out what you really want in a career (which might not be the same as your high school clique).
  5. Rely on limited, or not credible, rankings – there are more and more rankings lists popping up each year. Do your research – if the list isn’t from an organization you (or your parents or guidance counselor) recognize as an authority in your area(s) of interest, disregard it. And, keep a wary eye even on the “elder statesmen” of rankings; some have not been updated to include newer areas of study, such as sustainability.

While choosing a college is never easy, it’s possible to find the perfect fit. Don’t be blinded by the glitz and glamour of a campus or the college name. Names makes the news; but colleges that offer excellent educations are everywhere.  Look for the college that fits your academic, financial and social needs.

____________________________________

Green Mountain College is recognized for its work in preparing the next generation of sustainability professionals more than any other college in the country (see here for details). 

admissions, college guidance, college planning, college prep, essays

Prepping for the College Application

college applicationBefore your student hits submit on his college application, he has work to do. Summer is a good time for juniors and seniors to start prepping and looking towards the future.

Which colleges belong on your list

A good college list should have three “fit” criteria: financial fit, academic fit, and emotional fit. Once your student has a tentative list, ask if they have all three criteria before finalizing the list.

Financial Fit

Does the college fit into your family’s budget? If the college doesn’t fit financially, cross it off the list. While you should never consider a college solely based on the sticker price, you should certainly examine what will happen if your student is accepted and doesn’t receive any financial aid. Remember when factoring in cost, don’t forget about the add-ons like traveling expenses or meal plans. They can add up and have a substantial effect on your budget.

Academic Fit

Does the college fit into your student’s academic aspirations? This might seem like a no-brainer, but the education is a key factor in attending college. Cross the college off the list if it doesn’t fit into your student’s academic learning style. For instance, is your student looking for smaller class sizes and strong relationships with his professors? A larger university won’t offer this.

Emotional fit

Can your student see himself attending college there? When he visited the campus, did it “feel” right and did he have a rapport with the students he came in contact with? You might think college shouldn’t be an emotional decision, but it is. After all, they will be spending at least four years of their lives there. If they don’t fit into the social climate they will be miserable.

Positioning

Another thing to consider is positioning. Is your student positioned well with the other applicants, especially if you are looking for merit aid? Are their scores, grades, and achievements good enough to put them at the top of the applicant pool?

As you can easily see, there’s more to refining a college list than picking a college with Greek life or college sports rankings. It’s a place your student will call home and he needs to feel comfortable there. Once you’ve determined if the college has all three criteria, add it to the final list.

Which part of the college application is most important?

Any admissions officer will tell you that the essay is the most important part of the college application. The essay is your student’s “introduction” to the college and an opportunity to reveal the true person behind all the data on the application. They should spend time crafting the essay and painting the best picture possible for admissions officers reading their essay.

In addition to the essay, an important detail to remember is verifying that all items requested by the college are included in the application. That means recommendation letters, supplemental essays, transcripts and standardized test scores. An incomplete essay can be a red flag to admissions officers and could land your student’s application in the rejection pile.

When should your student apply?

Colleges post their admissions deadlines on their websites and within the Common App if they are one of the schools using it. But their deadline should not be your student’s deadline. Their application should arrive early—before the deadline. Applications that arrive early are first in line: first in line for review and first in line for financial aid. It stands to reason that applications that arrive early, before all the thousands of others applying on the deadline, will get greater attention.

Once the application is complete, proofed and verified that all forms and supplements are attached, submit it. Don’t wait until the last minute. Make sure your student has plenty of time to review all the components of the application before submitting it.

If you are applying regular decision, ED (Early Decision) or EA (Early Action), plan on submitting it at least two weeks in advance of the deadline. This puts you at the head of the pack and allows for any technical difficulties that could pop up. Waiting until the last minute on a college application is playing with fire.

With rolling admission, submit the application as soon as it’s complete. Most rolling admissions schools have a limited number of student slots, and as they judge and accept applications, those slots get filled. If you apply too late, then there’s a good chance all the slots may be filled, and you’ll be out of luck.

Schools with rolling admissions offer important options and opportunities that static deadlines don’t. Rolling admissions schools will accept and examine applications as they are sent in, instead of waiting to judge all applications concurrently. Schools with rolling admissions can be great for late admissions, or for finding out early whether or not you are accepted, so you can change your plan accordingly.

What’s next?

After the applications are submitted, you wait. Your student waits for the colleges to respond with offers of admission or no offer of admission. Waiting can be stressful. But the benefit of finishing early allows your and your student the freedom to relax, knowing that everything related to the application is complete.

admissions, college planning, college prep

Prepping for the College Application

college application

The Common App is now available for juniors to sign up and start preparing for the fall college application season. With more and more students applying Early Decision or Early Action, juniors are already making their college lists and getting ready to apply during their first semester of senior year.

Which colleges belong on your list

A good college list should have three “fit” criteria: financial fit, academic fit, and emotional fit. Once your student has a tentative list, ask if they have all three criteria before finalizing the list.

Continue reading Prepping for the College Application →
admissions, college apps, college guidance, college planning, college prep

Surviving the College Application

college applicationYou might not think the college application requires survival skills, but it does. It’s stressful and it’s no surprise the middle name of college-bound teens is “stress”. According to a recent survey, 76 percent of college-bound students say they are stressed. If you live with one, you’re stressed too; and not just you, but your family as well. Granted, there are plenty of reasons to be stressed. And plenty of reasons why it’s impossible to avoid feeling stress (try as you might). Surviving the college application requires tenacity on the parent’s part as well.

Following are 6 stressful college application tasks and how to survive them:

The Grades

Grades mean everything. Your student’s GPA is one of the most important components of the college application (if not THE most important). It’s understandable that your child will stress over receiving B’s instead of A’s on their papers. They know that the college they want to attend looks at grades, classes, and GPA’s carefully before making an offer of admission.

What can you do? Create a positive study environment and don’t add to the pressure. If you see them struggling, get help. Let them know that all you expect from them is they do their best, nothing more.

The College Visits

Any parent who has been on a college visit with their teen will attest to the emotional roller coaster that often ensues. Your child may balk at the thought of getting out of the car, cringe at the fact that his/her parents are there along with them, and freak knowing they have an interview scheduled.

What can you do? Take a chill pill before you head out and remember your child is most likely terrified. This is a huge step for them and emotions are going to play a big part in the visits, even though you might see it as a critical step in the plan. Give them the freedom to express those emotions.

The Standardized Tests

Testing in itself is stressful. But standardized tests are incredibly stressful. It’s a timed test that affects the outcome of offers of admission. Scores are compared with other students and some consider them to be bragging material. They feel a low score means less options for college; a high score opens more doors.

What can you do? Under no circumstances should you nag your student about studying. Help them study. Encourage them to study. Provide tutoring. If the pressure is off, they will do better on the tests. Too much pressure (especially from parents) with students who are stressed already, will affect their ability to focus and relax on test day.

The College Choices

Making decisions is stressful without the added pressure of the impact of this one decision on your child’s future. They may act calm, cool and collected, but they feel the pressure to make the right college choices. The schools they choose will be evaluating them on their merit and overall success academically.

What can you do? Let them make their own choices. Guide but do not put your foot down and tell them they can only attend your alma mater or a college close to home. They need to make the choice themselves because they will be attending the college for the next four years. If they don’t like it, they won’t be happy and stay when struggles come.

The Money

Money concerns always produce mounds of stress. With the economy in disarray, that stress is compounded when families are trying to pay for college. When deciding on college choices, money should always be a factor. If your student knows what you can afford to contribute and what is expected of them, the stress will be minimal. Keep them in the dark and there could be added stress and disappointment when they apply to a school that is not financially doable.

According to The Princeton Review’s 2013 “College Hopes & Worries Survey”—an annual poll of college applicants and parents of applicants—stress levels are up while cost remains a driving factor in college selection. In fact, 79 percent said the state of the economy has affected their decisions about college—up 4 percent from 2012.

What can you do? Make time to talk about money with your child. Hoping your student will get a full ride scholarship is not realistic. You need to plan for the worst (little or no aid) and hope for the best (multiple scholarships and merit aid). If the college choices fall into your family’s ability to pay, when the financial aid award arrives it will be a much more pleasant experience. Especially if lack of money to pay does not affect the final decision.

The Waiting

This is probably the most stressful time in your child’s life, which means it is stressful for the parents as well. One student put it simply:

Because as decision day draws closer, and the (rather strong) possibility of rejection becomes more and more pronounced, I can’t help but think that my process, that my life, is entirely out of my hands. I know it’s irrational — I know that I’m still the one who will make the ultimate decision, that I’m the one who will decide what my future holds. But that’s my point — I’m not rational anymore. I’m just afraid.

What can you do? Celebrate the accomplishment of applying and provide distractions during the months of waiting. Reiterate that you will be proud of them and no matter what the outcome it’s not the end of the world. Rejection is tough on these teens, but strong parent support can help them see that there are always options available and sometimes disappointments turn into blessings.

The ultimate goal is to have a stress free household and to avoid freaking out, thus surviving the application process unscathed. This might be impossible, but keeping the “freaking” to a minimum will help your student reduce their stress. Stay calm and breathe. It will all be over soon.

admissions, parenting

20 Affordable Small Colleges

 

affordable small colleges

“Why is college so expensive and how on earth are we going to pay for it?” I bet you’ve said that more than once if you have a college-bound teenager. Most parents struggle, even if they have saved, to juggle their finances to accommodate an expensive college education. Some families resort to taking out parent and student loans to pay for college. But is there a better way?

One way to avoid paying too much for college is to choose an affordable college. Staying within your budget isn’t that difficult. There are thousands of colleges and universities in this country that offer an affordable education. Parents should be bargain hunters and search for those college bargains.

Student Loan Hero has done some research that can help. If your student is open to “searching outside the box” and finding a college that will allow him to graduate debt free, these 20 affordable small colleges should be added to his list of possibilities. According to their research, “The 20 most affordable small colleges have tuition and fees that are all $7,000 or less. This means the most affordable colleges offer savings of $20,750 in tuition and fees compared to average small colleges. Three of the top colleges even have tuition-free initiatives that effectively put these costs at $0.”

  1.  College of the Ozarks in Missouri
  2.  Berea College in Kentucky
  3.  Alice Lloyd College in Kentucky
  4.  York College in New York
  5.  Dixie State University in Utah
  6.  New Mexico Highlands University
  7.  New College of Florida
  8.  Southern Utah University
  9.  College of Coastal Georgia
  10.  Cameron University in Oklahoma
  11.  Rogers State University in Oklahoma
  12.  East Central University in Oklahoma
  13.  Emporia State University in Kansas
  14.  The University of Texas of the Permian Basin
  15.  Southeastern Oklahoma State University
  16.  Dickinson State University of North Dakota
  17.  University of Science and Arts of Oklahoma
  18.  Southwestern Oklahoma State University
  19.  University of North Carolina at Pembroke
  20.  Northeastern State University in Oklahoma

Keep in mind, of course, that many of these colleges are state schools and the fees for in-state students are less than those for out-of-state. However, many states have reciprocal agreements with other states that allow out-of-state students to receive in-state tuition rates. Check with each college regarding these agreements.

For information on each college, check out CollegeData.com. For more details on the cost of each college and information about their financial aid you can go to Student Loan Hero:  Survey: See the 20 Most Affordable Small Colleges in the US. 

admissions, social networks

What’s the Impact of Your Student’s Social Media on Admissions?

 

social media admissions

According to Kaplan Test Prep’s annual survey of admissions officers, more than two-thirds of colleges (68 percent) say that it’s “fair game” for them to visit applicants’ social media profiles like Facebook, Instagram, and Twitter to help them decide who gets in — despite the fact that less than a third actually engage in the practice. Notably, students agree: a separate Kaplan survey of over 900 high school students finds that 70 percent consider social media profiles “fair game” for admissions officers evaluating applicants — an increase from 58 percent in 2014.

Admissions officers who say it’s “fair game” shared the following reasoning:

  • “Employers do it all the time. Colleges can do it as well.”
  • “I think if things are publicly accessible without undue intrusion, it’s OK. If it’s searchable, it’s fair game.”
  • “We don’t do this, but we could. I think high school seniors make poor choices sometimes when they put stuff online.”

Admissions officers who said they viewed this as an “invasion of privacy” shared the following:

  • “Their application should be the sole decider.”
  • “We use social media for recruitment, not admissions.”
  • “We only look at social media if the applicant includes or provides it.”

But while a strong majority of admissions officers are ideologically comfortable with this practice, only 29 percent say they have actually done it — a decline from 35 percent last year, and down from a 40 percent high watermark in Kaplan’s 2015 survey. But this isn’t because admissions officers are necessarily forbidden from doing it, as only 20 percent say that their school has official guidelines or policies; and of that 20 percent, only 33 percent are not permitted to do so.

Yariv Alpher, executive director of research for Kaplan Test Prep, noted that some of the decline can likely be attributed to changing social media habits, as teens have migrated from Facebook to non-archival social media platforms like Snapchat.

“You cannot visit an applicant’s social media profile if you can’t locate them, and as one admissions officer shared with us, ‘Students are harder to find.’ They’ve gotten savvier in hiding or curating their social media footprints, even as they’ve become very comfortable with the notion of having a digital presence to begin with. By the same token, colleges have largely become comfortable, in theory, using social media to help them make admissions decisions,” said Alpher. “That said, in practice, the strong majority are sticking with the traditional elements of the application, like standardized test scores, GPA, letters of recommendation, and personal statements, which still overwhelmingly decide an applicant’s path. For most, these traditional factors provide enough useful information to make a decision, like it has for generations of their predecessors.”

And lest applicants think that what they post online can’t be held against them once they are already accepted, they should think again. Nearly one in 10 (nine percent) admissions officers say they had revoked an incoming student’s offer of admission  because of what they found on social media. This finding comes on the heels of Harvard University’s decision last year to revoke the acceptances of at least 10 students for posting highly offensive memes on a private Facebook group for incoming freshmen.

Here’s a short video illustrating the survey results:

admissions, college apps, college costs, college planning

Application Tips for Low-Income Families

 

application

Families and students with low-income backgrounds often find going to college a looming task. They don’t know where to start or how to push past the initial idea of college. I’ve compiled some tips & resources that we regularly use with our students to help make the trip to college more affordable. So, let’s just hop into it then!

One of the most expensive parts of applying that we come across first are the application fees. Oh my gosh the fees. Some college applications are free while others can cost upwards of $100. And those are state schools I’m talking about, not Ivy-leagues. So, how do you get around them?

      • Counselors and Advisors.
        Check in with your student’s school. Many schools have college advisors or counselors that have contacts at the schools your student might be considering.
      • ACT Fee Waivers.
        ACT has this nifty little program where they will waive the registration fee for 2 tests if a student qualifies for free or reduced lunch and meets the other qualifications listed on this website. Some states have specific requirements as well for how to utilize these waivers so, I suggest doing a little more research to make sure you qualify.
      • Application Fee Waivers. These are some of the most useful pieces of paper you can come across.
        • Most colleges have their own fee waiver processes they have specifically for low-income applicants. Most of the time you have to provide proof that your student was able to utilize an ACT Fee waiver to take their ACT. (See above for information on this.)
        • The National Association for College Admission Counseling has a fee waiver as well that you can use once the school counselor has signed off on it.
      • Ask.
        If all else fails, call the college admissions office and ask if they provide any assistance. They are used to this question and it will not phase them a bit. If they respond with “I don’t know.” ask to speak to the recruiter for your area. They typically have a little more information available.

    Another expensive part that we don’t often think of is postage. In our district we will mail the applications, supporting documents, and correspondence between the student and the college for them. I would definitely see if your student’s school has this service provided. If this isn’t available to your students, contact the college they are applying to and see if they will accept materials via email or fax.

    Try to save money on your college visits. If you have a student that is interested in 5 or 6 different colleges, it can get expensive to visit them. We always recommend that students visit a college before making a final decision. To help students who can’t afford to visit, some colleges have fly-ins or diversity programs that allow students to learn about a school while staying on campus for a short visit. These programs for high school seniors usually cover part or all of students’ travel costs. There typically aren’t many spots open so, apply early and follow up often.

    The last and most important tip is to complete the FAFSA. I cannot stress this enough. It could be the difference between having school paid for and having to come up with everything out of pocket. In order to complete the FAFSA, you’ll have to create a FSA ID for yourself and your student. Do not lose this. You have to have the same ID every year and if you have other children, you will need it for them when they go to college as well. After completing your FSA ID, make sure your tax information from last year is available and filed. If you didn’t file, you still have to complete the FAFSA. You will go to https://fafsa.ed.gov and complete the form. If you have trouble, your student’s counselor may be able to help.

    I really hope these tips are helpful. There are other sneaky ways to save up for college but, these are the big four that we use regularly. Prepare. Be organized. And  remember that you are working towards a better future for your student.

    ________________________________________________________________________

    Today’s guest post is from Beth Thompson, who currently works at a public school as a college advisor in the Arkansas Delta. Before starting this adventure, she worked in various university career services offices assisting students with their pursuit of a career applicable to their field of study. She is experienced in rural as well as urban job markets and has a deep love for the Arkansas Delta. She has a great, supportive family and two apathetic but cuddly cats. Feel free to visit her at FromApptoCap.

     

admissions, editorial, parenting

It’s Time for a Wake-Up Call for Parents (and Students) about College

 

college

The college system is rigged. It’s time for parents (and students) to wake up and smell the coffee. Colleges are businesses and it’s their business to lure your student in, inflate their application numbers, and decrease the percentage of acceptances. It’s a simple tactic used in every business: make it more difficult to obtain and everybody wants it. These elite colleges have sold this view of success to most parents and students—”Get into one of our colleges and you’re guaranteed a great job after graduation, a wonderful life, and success.” It’s a bunch of bunk!

Applying to these colleges carries a steep price, and it’s not just when you get the tuition bill. The cold hard facts are that a small percentage of the best students get offered admission to these colleges. When your above average student who isn’t at the top of the applicant pool puts all his hopes and dreams into an offer of admission and the odds aren’t stacked in his favor, you and your family are in for some devastating weeks and months of disappointment.

In a statistical article discussing demonstrated interest in higher education from Social Assurity, Barnard College’s enrollment statistics were revealed:

Congratulations to the 1,088 students accepted to Barnard College’s Class of 2022. You are part of the most selective class in Barnard’s history. Barnard chose you from 7,897 applicants for an effective acceptance rate of 13.7%.

Barnard’s acceptance rate has dropped precipitously over the past four years. Twenty-four percent of applicants were admitted to the class of 2018, 20 percent to the class of 2019, 16 percent to the class of 2020, 15.4 percent to the class of 2021, and now 13.7 percent to the class of 2022.

Why do we allow our students to be used in this way? Why is it so important that they attend an elite university? Because for so many years, parents and students have believed the lie that says, “where you go to college determines who you will be.” And nothing, absolutely nothing, could be further from the truth. Where you go is NOT who you will be.

What your student does with the education he receives will determine his success or failure. It won’t be determined by the name at the top of their diploma or the name on the sweatshirt they wear for the next four years. The reality is there are thousands of excellent colleges who provide a superior education. These colleges change lives. These colleges provide students with degrees that work. These colleges provide large amounts of financial aid to all their students. These colleges give students opportunities to serve as they learn. They don’t have elite names on their buildings. But your student will receive a quality education at an affordable price.

Why would you want anything less for your student? Why would a parent make a decision to go into debt, encourage their student to go into debt, and destroy their retirement to send their student to one of these elite colleges? But it happens every single day as the colleges rejoice and applaud their efforts to milk parents out of a small fortune to educate (or often not educate) their student.

I hear these stories every day. “My student was valedictorian and he didn’t get into any of the Ivies.” “My student had a strong GPA, high test scores, strong leadership and community involvement and she didn’t get into one of the colleges she applied to. What did she do wrong?” It’s not the quality of the student, it’s the quality and the substance of the college list. They applied to the WRONG colleges!

Your college list can make or break the admission results. Apply to the wrong schools and your student will either not get accepted or get accepted and not offered any financial aid. It’s a guaranteed result. If you want this to happen to your student, populate their list with elite colleges. Apply ED to one of them and sit back and wait for the disappointment. It will most surely happen. If you want a different result, take a different course of action.

Lynn O’Shaughnessy, a college and financial aid expert, agrees and lays it all out for parents in her recent article: Getting Rejected From Elite Universities. Do yourself (and your student) a favor and read it. Do this before fall of senior year. Follow her advice (and mine) and expand your college list. Do the research. Choose the colleges that offer the best aid, the best education, and might not be on anyone’s radar. Employers don’t care where you went to college. They care that you got an education that prepares you for the work force.

admissions, college guidance, college planning

The College Selection Dilemma: Big or Small?

 

college selection

As a parent, you have the responsibility of guiding a young and impressionable mind through some of the biggest life challenges. When important decisions are concerned, you simply can’t leave it all to your kids. They simply don’t have the experience and the know-how to select the most rational choice.

College selection will obviously have a profound impact on nearly every aspect of your child’s life in the future.

One of the big questions that needs to be answered in terms of college selection is should you go big and popular or smaller and more exclusive? Both of these possibilities come with their pros and cons.

The Pros and Cons of Big vs. Small Colleges

Comparing big and small colleges side by side is the first key consideration.

Let’s begin with big colleges like UCLA, for example. The advantages of going to a big university are numerous. They include a massive campus that features all necessary learning premises, large classes that provide excellent socialization opportunities, excellent extracurricular programs and renowned faculty.

On the downside, the huge classes could also be seen as a disadvantage because students don’t get a chance to interact with instructors regularly. In addition, the administrative processes could potentially be expected to take up more time and more introverted students could easily get lost in the crowd and lose chances to stand out.

As far as small universities are concerned, there’s an intimate feel ad a chance to know most people that someone is studying with. Students get more one on one time with professors, there are usually personalized majors and better advising opportunities (in terms of career or personal development).

Small colleges, however, often lack the diversity in terms of majors that big universities offer. The number of facilities is also limited, especially for doing quality research. The variety in housing choices will be limited and some students could potentially experience social isolation.

Is it about Size or about Quality?

When making the distinction between big and small colleges, you should also consider the status of the educational facility. Elite universities differ in size and studies suggest that pursuing such academic education makes sense in the long run.

You have to find out whether the colleges your child is interested in are accredited and certified.

The ranking of the university for a particular major of interest is also important. There are dozens of rankings out there you can review to find out more. The US News and World Report university ranking is highly esteemed because key criteria are examined side by side. Some of these criteria include tuition and fees, enrollment, SAT scores, average GPA of enrolling students, the starting salaries of graduates and the starting salaries by major.

Know What Your Child Wants

The preferences of your child should also be taken in consideration.

Some young individuals tend to thrive in the bustling diversity of large universities. Others will simply feel lost and overwhelmed by the crowd and by the abundance of choices.

Emotionality does play a role and so does the predisposition of a young person towards a certain subject or another. People who pursue certain majors will get better results by going to a smaller college. Those interested in popular, well-established majors, may want to pursue a big university (especially if the major requires lab work, the availability of equipment and tons of research).

Just sit down and have a conversation to make sure that your priorities are aligned. If you can come to an agreement, you will get to work as a team in the pursuit of great academic opportunities.

Somewhere in the Middle?

A large university and a small boutique college aren’t the only two options out there.

A medium-sized college could be considered the best of both worlds. It brings the diversity and the academic options available in a large university to the comfortable peacefulness of a medium-sized campus and manageable class sizes.

Medium-sized colleges in the US are defined as those that have anywhere between 5,000 and 15,000 students. As you can see, there’s some variety here, as well. Understanding the strengths of the respective university will be the key to getting the best of both worlds without missing out on anything.

Do the research on the basis of the academic programs that your child is interested in. some medium-sized colleges could have an excellent education for a specific program while other courses may be seen as subpar. If you have a pretty good idea about what you’re looking for, you can make adequate inquiries about curricula and faculty qualifications.

There’s no universal answer to the big versus small college dilemma. The truth of the matter is that you know your child and your financial situation best. Take some time to explore the possibilities and keep an open mind. A rational approach will pay off in the end.

_______________________________________________________________________

Today’s guest post is contributed by Laura Buckler. Having an amazing approach on life, Laura Buckler is one of the greatest writers at Essays.scholaradvisor team. Her motivation and passion for her work makes her a valuable contributor. Follow Laura on twitter to gain extra-confidence!

admissions, financial aid, financial planning

Should You “Follow the Money” When Choosing a College?

 

choosing a college

I’ve said over and over again to parents, “You’ve got to look at the statistics when it comes to paying for college.” Before the list begins, before the college visits start and before the applications are completed, you MUST know how much it costs and if you can afford to pay for it. You should “follow the money” when choosing a college!

Where can you find the statistics? You can do your own research on College Navigator or CollegeData, or you look at these compiled from a survey by the Princeton Review.

Look at these statistics from the Princeton Review’s 2018 Edition of Colleges That Pay You Back:

  • “Best Financial Aid” #1 Bowdoin College (ME) / #25 Macalester College (MN)
  • “Best Career Placement” – #1 Harvey Mudd College (CA) / #25 Cornell University (NY)
  • “Best Alumni Network” – #1 Pennsylvania State University / #25 Union College (NY)
  • “Best Schools for Internships” – #1 Northeastern University (MA) / #25 Gettysburg College (PA)
  • “Best Schools for Making an Impact” – #1 Wesleyan University (CT) / #25 Kalamazoo College (MI)
  • “Top Colleges That Pay You Back for Students with No Demonstrated Need” – #1 Harvey Mudd College (CA) / #25 University of Michigan—Ann Arbor

These are more than statistics. They help you decide if your college investment will be worth the cost. Your student may not be thinking along these lines, but it’s your job to bring them down to earth.

When choosing a college, ROI (return on investment) should be part of the decision mix. Take a look at these Top 50 colleges with the highest ROI.

What does the survey tell us?

Among the 200 colleges (135 private and 65 public) in the book:

  • the average grant to students with need is $26,800
  • the median starting salary of graduates is $55,700 and mid-career salary is $108,700.

Among the book’s 65 public colleges:

  • the average net cost of attendance (sticker price minus average grant) for in-state students receiving need-based aid is $12,700
  • the average admission rate is 53% and 12 colleges admit over 70%

Among the survey findings, 99% of respondents viewed college as “worth it,” but 98% said “financial aid would be necessary” to pay for it (65% of that cohort deemed aid “extremely necessary”).

Why should you consider these factors?

Before my daughter chose a college, we didn’t examine any of these factors. We compared financial aid packages, but we didn’t look for a college that was a good return on our investment. When it comes down to it, you spend a good amount of money on a college education. It’s an investment in your student’s future. We would never knowingly throw money into a bad investment or purchase a home high above market value, but every day parents invest their money in a college that won’t pay their student back.

Whether it’s career placement, networking, internships or tremendous financial aid, you should consider some of these colleges when making that final college list.