Why do economic downturns always result in college tuition increases? Because higher education is one of the few—if not the only—services a state provides where it can offset budget shortfalls by passing the cost on to the consumer directly. For the current school year, this has been tricky: having recognized that the online education they’re receiving is an inferior product…
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We’re almost there: acceptance letters are arriving and the May 1 decision day is right around the corner. For most families, how much schools cost is part of the decision making process. But comparing award letters from different schools might seem like comparing apples to taco salad. The good news is, all offers need to show total cost of attendance,…
“I got the internship!!!!!” my daughter texted me last week. “I thought this was going to be about outside scholarships,” you thought as you read that. In fact it is. I don’t talk a lot about outside scholarships because they tend to be far less beneficial than institutional merit aid or financial aid. Not only that, but you’re not likely…
Talking about broad topics is fraught with peril. As I mentioned last week, college applications are up, except that they’re only up at some schools and a lot of the increase comes from students submitting more applications, not more students submitting applications. Today I’m going to tackle public university tuition directions for the coming year. Before going there, I need…
It’s back-to-basics week for me and time to talk about getting started saving for college. If you want your children to go to college, you need to save. Period. That’s the easy part. Harder is where and how much. People worry that they’re going to lose out on financial aid if they save. Yes, your savings will add a small…