According to a new report released by the Pew Research Center, there is good news on educational attainment levels in the U.S.
In 2012, for the first time, one-third of the nation’s 25 to 29 year-olds have completed at least a bachelor’s degree. Also, 90% of young adults in the U.S. ages 25 to 29 have completed their high school education. Finally the report says a record 63% of young adults have completed at least some college.
Read more: http://www.…
According to the National Association of College Admission Counseling, many institutions have extended their admission deadline as a result of Hurricane Sandy. The complete list of institutions that have extended their deadline can be found below. Please check individual college websites and their social media pages for the most up-to-date information and instructions.
http://www.nacacnet.org/media-center/Documents/HurricaneSandy.pdf
Just a quick word to wish all of our friends, teachers, parents and students on the East Coast affected by Hurricane Sandy a safe and speedy recovery. We hope everyone is well and schools will be back to enriching the minds of our young students as soon as possible.
A new study published by the Proceedings of the National Academy of Science suggests that there is discernable gender bias even among trained scientists who emphasize objectivity. Fake resumes were created as part of a job application and submitted to scientists for feedback. Half of the evaluators were told that the prospective employee's name was "John." The other half was told that the prospective employee's name was "Jennifer." Male appliants were not only rated higher, but were also offered a higher starting salary.
Do you believe there is a gender bias? Does…
The average published tuition costs at public and private colleges and universities often do not accurately predict the actual tuition costs for many students. While tuition is on the rise, grants (provided by federal and state governments and higher education institutions themselves) and financial assistance are mitigiating the tuition increases for some students. Be aware when calculating the financial costs for your chosen college or university. Averages can be misleading and calculations are highly dependent on the individual circumstances of each student and his or her family. Net…
The following Bloomberg article by Richard Vedder argues that colleges are experiencing "over-credentialization leading to a huge waste of scarce human resources." The reasons given for a drop in college enrollment are concerning. However, it would be helpful to see the national data.
We want to hear from you! If, as asserted, colleges are "over-credentialing" students, isn't a drop in enrollment a positive development? Should unversal high education still be our goal?
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By Mark Kantrowitz
Nobody can guarantee that you will win a scholarship, but there are some strategies that will increase your odds of winning a scholarship.
Start searching for scholarships immediately. Families often wait until the spring in the senior year in high school to figure out how to pay for college. By then, half of the scholarship application deadlines have already passed. There are also scholarships that students can win in younger grades. You can't win money if you've missed the deadline.
Continue searching for scholarships even after you've been…
The following New York Times article (subscription required) by Michael Greenstone and Adam Looney lays out the data connecting annual earnings and educational attainment. In particular, the article notes the diverging fortunes of men and women in the workforce since 1970. Additionally, support is povided for the intuitive assertion that "education reduces unemployment and increases earnings."
We want to hear from you! Does educational attainment still have the same ability to impact earnings? What will the referenced graphs look like in 40 years? Please leave comments below…
Question: I am a parent. My child will go to college in fall of 2013. I just lost my job. Our 2012 incomes are too high to get any financial aids (due to the few extra months pay I received as severance package). If cannot find another job, our income will drop more than 50% in 2013. Should I still apply financial aid this year, or wait until next year ?
Answer from Mark Kantrowitz. Whenever there is an unusual family financial circumstance, the family should ask the college for a professional judgment review (PJ). Some colleges call this a special circumstances review or a…
By Mark Kantrowitz
When selecting colleges, not only do you want colleges with a good academic and social fit, but also colleges with a good financial fit. Unfortunately, complicated financial aid formulas and a lack of up-front pricing can make it difficult to tell which colleges will be more affordable.
There are several techniques for ensuring that a student is admitted to at least one college with a good financial fit. These include applying to a variety of different colleges, including a financial aid safety school, and using net price calculators.
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