Now that my son is entering high school, I plan to talk to him about college by sharing some helpful information to set his expectations and to impart upon him why college is an essential investment in his future. Here are some key points I plan to make: […]
Most parents try to teach kids the life skills they’ll need to thrive as adults. Some of those skills relate to money and work ethic. Sadly, particularly in affluent communities, children are often sheltered from the responsibilities and realities faced by adults. The percentage of high school-aged kids who work is at an all-time low, declining to 20% in 2013 [...]
I’m currently taking a class on college planning, so this topic is top of mind. Additionally, the fall is the time high school seniors apply for colleges and financial aid. As such, it seems a good time to remind people of the various types of deadlines to stay on top of this time of year. […]
Going to college is a rite of passage for many Americans. For many young adults, it’s the first time they live away from their families and take responsibility for their lives. Due to years of above-average price inflation, college has gotten to the point of being unaffordable for many or at least a significant financial commitment. And now we’ve learned [...]
I recently read a book, Where You Go Is Not Who You’ll Be by Frank Bruni, that shed some light on the college admissions hysteria many families find themselves immersed in, particularly those who live in affluent communities. Over the past decade, college admissions rates have plummeted, with some of the elite schools now boasting rates in the 5% range, [...]
This time of year, parents of high school seniors may find themselves experiencing dual emotions related to their kids – pride over the top-tier colleges their child has been accepted to and shock over how much it’s going to cost. Another emotion might quickly set in for those who haven’t saved enough for college – panic over how in the world [...]
Given the ever-increasing cost of college and that 72% of undergraduates take out student loans to help pay for college, it’s worth understanding the student loan choices. […]
