Category Archives: parenting

admissions, college guidance, college planning, parenting

Is college just about ROI?

This week on #CampusChat there was a guest that informed us that college is a bad investment for a large percentage of teens. Granted, I could see her point (You can read the transcript here). Many teens aren’t ready for college. I agree it is important to counsel our teens on finding out what they love and guiding them along a career path. But is college truly all about ROI? Do we encourage our kids to go to college solely based on the fact that they will give us a good return on our investment?

It’s not that I don’t agree that college, for some, is a bad decision (Should everyone go to college?). Not because it’s a bad investment, but because they aren’t suited for it and would be happier pursuing other options. Should you go into massive debt for a liberal arts degree that leaves you unemployable? Absolutely not (Being realistic about college debt). But, could you get a liberal arts degree and in the process discover your passion? Absolutely.

If you ask both of my children if they thought college was about ROI, they would have different answers. My daughter would say that college for her was so much more than getting that degree and finding a job. She would say that it gave her life experiences. She would say that she found lifelong friends in college. She would say that her study abroad experience was invaluable. She would tell you that she learned about the business world doing internships related to her major. It was at college that she learned independence, budgeting, developed a strong work ethic, got an education, and basically grew up. And she would say that you can’t put a dollar amount on those four years.

My son, on the other hand, had a very different experience. He was not a good student in high school and didn’t show much interest in college, opting for a 4-year term of service in the Marines. After the Marines, he decided to go to college. For him, it was more about pushing himself to attain the degree and proving to himself that he was capable of that level of education. He attended community college for two years and transferred to a 4-year college to finish his degree among the top graduates in his major. And while he did incur some debt acquiring that degree, he would never say it was a waste of time and money or a poor return on investment even though he’s not working in a career related to his liberal arts major.

I’ve known smart kids who knew their career paths at an early age and got to college and failed. I’ve known average students without a clue of what they wanted to be, attend college, find their passion and excel. College opens up your mind, introduces you to experiences and submerges you in academia. Should you be wise about which college you choose and how much you pay for that education and life experience? Of course you should!

I admit. I’m a proponent of college. Perhaps it’s because I never had the opportunity to go. Perhaps it’s because my parents never encouraged me to go. Perhaps it’s because both my kids found value in two different educational paths. For me it’s so much more than ROI. Maybe I’m burying my head in the sand. But I still believe that a college education is something that has great value beyond its cost.

And that, my loyal readers, is one parent’s opinion!

admissions, college planning, parenting

Parents–Upcoming #CampusChat Topics

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I just received the agenda for the upcoming #CampusChat discussions. If you’re a parent of a college-bound teen (or even a parent of a college student), mark your calendars for some great information and some eye-opening realizations about college preparation.

#CampusChat is hosted by Kelly @collegevisit who is the founder of SmartCollegeVisit.com. She works hard to find guests that are timely and helpful in the college search process, and especially helpful for parents.

Here is a list of upcoming guests and topics (Wednesdays at 9PM EST):

11/3 – Carol Christen – “What Color is Your Parachute for Teens”

11/10 – Jeannie Borin – http://www.college-connections.com/

11/17 – Harlan Cohen – The Happiest Kid on Campus: A Parent’s Guide to the Very Best College Experience (for You and Your Child)

11/24 -Thanksgiving break-Happy Turkey Day!

12/01 – Tim Gasper, social media guru for Marquette University

12/08 – Maureen Tillman – http://www.collegewithconfidence.com/ (also writes for a regional NY Times news outlet)

college guidance, college planning, parenting

Should everyone go to college?

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I read an article recently in The Atlantic: “In the Basement of the Ivory Tower“, that gave me some food for thought. It’s been on my mind for quite awhile, especially since I have a close friend who is a financial aid counselor at one of those infamous “for profit” colleges.

She would answer my leading question with a loud and emphatic, “NO”, based on her experience dealing with those who are not prepared to attend college and don’t understand the consequences of borrowing money that they can’t pay back. They have been convinced that without a college education, they can’t get a job or pursue a career. They’ve been told by someone that it doesn’t matter how much money you borrow as long as you get that degree. Once you get that degree you can earn enough money to pay back what you’ve borrowed. But we all know that’s not often the case.

In the above mentioned article, the English professor makes an interesting point:

America, ever-idealistic, seems wary of the vocational-education track. We are not comfortable limiting anyone’s options. Telling someone that college is not for him seems harsh and classist and British, as though we were sentencing him to a life in the coal mines. I sympathize with this stance; I subscribe to the American ideal.

Sending everyone under the sun to college is a noble initiative. Academia is all for it, naturally. Industry is all for it; some companies even help with tuition costs. Government is all for it; the truly needy have lots of opportunities for financial aid. The media applauds it—try to imagine someone speaking out against the idea. To oppose such a scheme of inclusion would be positively churlish.

I’ve come to realize that Americans truly are snobs. We brag about what we have and what we have obtained. Like it or not, we are a classist society. We snub our noses at those who haven’t been to college and brag heavily about our numerous degrees as if they are badges of honor. And while graduating from college is an accomplishment, so is learning a trade.

Often, we push our kids to attend college when we know it’s not for them. Why? Because we are a society that measures success by the number of degrees hanging on a wall or the dollar signs that can be found on our bank accounts. It is noble to dream big and education is always a noble goal. But so is being a plumber, a carpenter, a cosmetologist or a civil servant like a police officer or fireman.

What’s my point? My point is that you need to know your child. If they want to go to college and have the skills and knowledge they need to be successful there, then encourage them to go. But if they aren’t interested or motivated, save yourself some heartache, disappointment and money by letting them pursue a trade. There are so many fabulous careers out there that they can do without higher education. You will be happier, they will be happier and they will fill an important role in society. College really isn’t for everyone.

admissions, college guidance, college planning, parenting

Narrowing College Searches

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What college do you want to go to?— one of the most stressful conversation topics you and your child will ever have. While you want your child to stay close to home, they want to get as far away as possible. While you want your child to attend a 4-year public college because it’s cheaper, your child wants to enroll in a costly private university.

Much like choosing a wife or husband, your child’s school-of-choice will ultimately have long term effects. And, like when selecting a spouse, your child not only wants for it to be a perfect match, but secretly seeks for your approval. In the end your child will pick a school that he or she feels is best suited for them, but you can play an important role in the decision process –helping your child pick a school that’ll make the both of you content.  There are more than 7,000 higher education institutions in the U.S. and filtering through all the choices can be hectic. Here are some questions to discuss with your child to narrow down the options in the hopes of finding the perfect college for your child.

  1. While your child doesn’t initially need to know exactly what they want to major in, looking into their interest is a good start. Does your child enjoy art? Writing? Technology? Are they more focused on developing technical skills?
  2. What schools are tailored to meet your child’s needs and interests?
  3. What specific programs and sequences are offered at the school?
  4. Does your child want to attend a college that is close to home or out-of-state?
  5. What type of school would your child prefer? A small intimate college or a large university? Do they prefer a public or private school?
  6. Do they prefer to attend a school with a particular religious affiliation?
  7. Is the institution accredited and by which agency?
  8. What is the student/teacher ratio?
  9. Is it coed or single sex school?
  10. Is your child interested in online courses? Does the school offer them?
  11. Does your child want to participate in a specific extracurricular activity or sport? Which ones? And does the school offer these options?
  12. What kind of living arrangements would your child prefer? Does the school offer on campus and off campus housing? Would your child rather walk to class or drive?
  13. What’s the cost of tuition? This includes room and board, textbooks and miscellaneous expenses.
  14. Does the school offer financial aid or scholarships to help cover these costs?
  15. What else is important to you and your child? Does the school meet these additional concerns?

While most school Web sites, brochures and admission officers will answer most of your questions regarding the institution, College Navigator is also another good source to scour different colleges around the country.

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This guest post is contributed by Olivia Coleman, who writes on the topics related to online colleges and universities.  She welcomes your comments at her email Id: olivia.coleman33@gmail.com.

college costs, college planning, parenting, Uncategorized

That all-important "money talk"

money talk
Image by StockSnap from Pixabay

It’s never too early to talk to your teens about college costs and what is expected of them once they take that much anticipated journey. If they understand the family’s financial situation and know what they will be expected to contribute towards college costs, they can start planning ahead by working dur thing the summers and saving (Note: just make sure they put those savin

According to a recent article in the Sacramento Bee about talking with your kids about college costs, kids are acutely aware of their need to contribute :

Despite the continuing cloudy economic forecast, one thing is crystal-clear: College costs continue to climb. And it’s made many students acutely aware. In a recent Fidelity Investments online survey of U.S. high school seniors, a majority said saving for education was “overwhelming.” Good news for parents: 94 percent of students were willing to pay for at least some of their college costs; 56 percent of those said their share should be half.
When having the conversation, however, make sure it’s just that–not a lecture. Approach it as a collaborative discussion and use this as a start to helping your teen understand the importance of budgeting and “needs vs wants”.  Here are just a few bullet points highlighted in the above mentioned article:
  • Start off by making sure your teen knows what a “need” is and what a “want” is in relation to college costs. For some teens, all wants are needs. This is the time to nail the definition down and clarify it in their minds.
  • Decide just who will be paying for each college expense. Every family is different but it’s important to make this clear from the very beginning so that there won’t be any surprises.
  • Use a budget worksheet and understand ALL college expenses. Don’t just assume that tuition, room and board will cover it.

When your teens contribute to the costs of their education, they will be more invested in their success. They will also learn valuable budgeting lessons that will stick with them past college and into adulthood. You’re doing your teen a disservice if you don’t involve them in the college financial discussions. They need to be active participants in the decisions and also play an active part in paying for that high-cost college education.

Many of the college debt disasters in the news recently might have been avoided if the parents had sat down with their teens and had the “money talk”. Don’t let your teen walk across that stage at graduation and be clueless as to how to budget and be a financially responsible adult. It’s your job as a parent college coach to prepare them for a financially stable future.

If you liked this post, you might also like to read:

admissions, college guidance, college planning, parenting, Uncategorized

A CollegeParent Partnership

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With all the recent talk of helicopter parents, I’ve picked up on some slight disdain from academia when it comes to parent involvement. Granted, there are some parents that would make any admissions representative pull their hair out. But I would like to think that there are so many more parents who view their role more as a coach in the process and would like to have colleges value their input. After all, when it comes right down to it, parents are generally the ones paying the bill for the student’s education.

During a recent #CampusChat on Twitter, Gil Rogers, Associate Director of Admissions and Enrollment Technology for the University of New Haven shed some light on how his college views the parent/college relationship:

We like to be a partner in a family’s college search, not just an option. We simply encourage parents to allow students to have their space and make the choice. Let the kid drive the car. We have, however, developed a number of communication tools with parents in mind. Charger Connection and the monthly eblasts that admissions sends are to prospective student’s parents. The monthly e-mail that goes to all parents we have e-mail addresses for is separate from the student’s with tips. Social Media (and any communication tool for that matter) is about building relationships.

That’s the view that parents like to hear: a partner in the family’s college search. With this view, both parent and student feel valuable; and this translates into the college providing a positive environment for making the right college choice.

University of New Haven has created an extremely helpful parent’s guide: Parents Guide to College and Financial Planning. They cover every topic that a parent needs to know about college choices and financial planning; also giving advice on how to help your student survive the first year of college. This guide communicates that partnership that Gil talked about and emanates through his social media persona.

I hope you will take a look at the University of New Haven and even view their parent’s guide. Here are the links to connect with them online:

University of New Haven

UNewHaven Facebook Page

UNewHaven Twitter Account

college planning, parenting, Uncategorized

Substance abuse in college

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One of my sidelines every year is preparing Red Ribbon Week support materials for the public schools. While it’s rewarding knowing that I can do a small part to contribute to drug awareness education, it’s also a bit depressing to read the statistics related to drug and alcohol abuse.

Each year, the NIDA (National Institute on Drug Abuse) conducts a “Monitoring the Future” study. This study queries high school students and even follows them into college to see if the patterns change. This year’s study added a new facet: the abuse of prescription and non-prescription drugs.  It’s hard to believe that so many teens are abusing prescription drugs (Adderall has become quite prevalent–a drug used for ADHD) and non-prescription drugs (Robotussin leads the list).

Of course, alcohol weighs heavily in the study:

Alcohol use remains extremely widespread among today’s teenagers. Nearly three quarters of students (72%) have consumed alcohol (more than just a few sips) by the end of high school, and more than one third (37%) have done so by 8th grade. In fact, more than half (57%) of 12th graders and one sixth (17%) of 8th graders in 2009 report having been drunk at least once in their life.

The study shows that teens start early abusing substances and carry the trend on into college. I can’t stress enough the importance of talking with your kids early about the dangers of this type of behavior. If you don’t believe your child will drink in college, you’re fooling yourself. Just read the last blog post by a Virginia Tech student and learn how he got sucked into the party scene on campus.

I encourage every parent to read the overview of the study: Monitoring the Future. A knowledgeable parent is a prepared parent.

If you liked this article, you might like:

Parents-Can you handle the truth?

Top 10 Things every parents should know about hooking up in college?

college guidance, college planning, parenting

That all-important college deal-breaker

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college student
Image by Gerd Altmann from Pixabay

Over the last few weeks, I’ve been having conversations on Twitter about the emotional aspect of choosing a college.

As a parent of two teens who headed off to college, this is no surprise. My daughter’s college deal-breaker had nothing to do with academics or college rankings. From the time she was small, she wanted to go to college in Boston. Coming from Texas, that was a bit of a surprise–especially since she had never visited Boston. But when college decision time came around, Bentley College beat out SMU because of location. My son’s college deal-breaker came when a buddy of his in the Marine Corps told him a college in Texas had “hot chicks”.

I also heard a college student say she transferred freshman year because another school had a sink in the freshmen dorm rooms. That has to be the first time I’ve ever heard that described as a college deal-breaker!

While parents are thinking academics and cost, their college-bound teens have that deal-breaker in mind. It might be Greek life, or the fact that it’s the #1 party school. But trust me, there’s a deal-breaker in the back of their head. And you might be surprised to find out what it is. All this time you thought they were looking for a college with an excellent engineering program, they really wanted a college where the girls outnumbered the boys!

What does this mean for you as a parent? Talk to your college-bound teen. Find out what their deal-breaker is and help them choose a perfect-fit college that addresses it. There’s nothing wrong with having a deal-breaker, but it’s your job to guide them to find the college that makes them happy and provides them with an education that benefits them in the future. If the college with the sink in the dorm rooms also values your teen and offers an excellent program in her chosen field of finance, you’ve found that “perfect fit” college!

college planning, parenting

From High School to College…

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…What your student needs during the transition.

high school to college
–photo courtesy of University Parent–

Now that your student is done celebrating high school graduation and ready to settle into summer, it’s the best time to gather important information from high school before it gets forgotten in the bustle of back-to-school excitement.

Grab a folder – or a flash drive for the computer – and save the following items for the fall:

  • Previous college credit: Before registering for fall classes, students must provide the university with all college and dual credit information. Save paperwork from previous credits or AP classes, and contact the university to see what they need. Most schools need an official transcript if your student completed credits at another school, and if he/she received an AP credit by exam, those results must also be sent to the university. Have your student contact the high school to request official transcripts, and request unofficial transcripts for your own records. If the official transcripts come to you, be sure not to open the envelopes, and forward them to the university.
  • High school work: Hopefully, your student didn’t throw his senior year’s work in the air, singing, “School’s out for summer!” and leave it behind, never to look back. Important papers, tests and notes can come in handy – especially for overwhelmed freshmen taking college courses, possibly learning how to study for the first time. Professors don’t take valuable class time to review what students learned in high school, so students should do that on their own.
  • Scholarship donor contact information: If your student received a scholarship or grant to attend college, a big “thank-you” is in order. Donors, alumnae, philanthropists and even corporations that provide college scholarships love to hear how their money is used. Sending a formal letter after the first semester is a great way to thank them for their contribution and explain how the first semester went. Cultivating those relationships can be the best tactic to ensure more scholarship money, if they make ongoing gifts.
  • Teacher and coach contact information: Many high school seniors leave a small pond feeling like a big fish – and the first few weeks in college can be overwhelming. If your student had a special relationship with a teacher, coach or mentor, that doesn’t have to end when he/she moves on to different waters. An e-mail or phone call from your student to a trusted adult can be encouraging and provide them with support beyond their parents, and thank-you notes go a long way to show appreciation for teachers who have made an impact. Keeping up with these relationships is important because past teachers can be a good reference for students looking for on-campus jobs or internships.

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This guest post was provided by Sarah Schupp, founder and CEO of University Parent Media in Boulder, Colo. UPM publishes print and online guides for parents of students at universities and colleges in 38 states. Online at www.universityparent.com.

college planning, parenting, Uncategorized

An important score for your college-bound teen

 

money

Your credit score can be a lot like an SAT score.  That is, you really don’t care about it until it isn’t high enough.  Like SATs, cramming doesn’t really work.  When it comes to your credit, there are no shortcuts.

That doesn’t mean that you are stuck and unable to impact your credit score. You actually have all the control. Here are six simple things to keep in mind:

  • Pay Your Bills On Time. Mom and Dad were right; on-time payments demonstrate responsibility and show creditors that you manage your accounts.  If you have to, even paying just the minimum amount – but on time – will help.
  • Check Your Credit. Be sure that you are checking your credit at least every 12 months to ensure that you know where your credit stands. This also helps you to make sure that no fraudulent activity has been going on in your account.  There is no need for a costly service – you can do this for free by requesting your free credit report each year.
  • Take Care of the Past. If you have any negative entries on your credit report that you haven’t resolved yet, do it.  Take any extra cash you have and pay off any judgments or liens. While these items may stay on your credit report for some time, resolving these matters demonstrates your efforts to get your credit score under control, which will then raise your score.
  • Close with Caution. It may seem ironic, but closing credit accounts can actually hurt you. It may be better not to use a credit card than to actually close it.  It has to do with your available credit and the amount of your available credit that you’ve expended.  Keep in mind, though, that some credit cards charge annual fees, so weigh the cost and the benefit.  You can always call the credit card company and ask them to waive your fee.
  • Get Credit for Rent and Other Payments.  Those with little to no credit histories can bolster credit files by having rent and other recurring payments reported. Traditionally, these payments do not get reported to the credit bureaus and therefore, these positive payment histories are often missed.  Online rent payment services will pay and report your ongoing rent payments and provide you with flexible rent payment options.
  • Open and Manage Accounts. Establish yourself as a serious borrower by opening a checking and savings accounts to begin tracking your money more closely and saving what you can each month. The longer your positive credit and banking relationships, the better your credit score will be.

While your SATs can determine what school you get into, your credit score can determine everything from the type of loan you can receive to what kind of apartment you can rent to whether or not you will get your dream job, so take care of it and it will take care of you.