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…
Common App data through March 1 shows that the number of college applicants has more or less held steady this year, but the number of applications submitted increased by 11%. That means students applied to more schools this year than in past years. Which brings up the topic of yield. Yield is the percent of admitted students who enroll at…
Good news: This time around, if you get the stimulus payment and you claim your college student as a dependent on your taxes, you will get a stimulus payment for them as well. The just-passed American Rescue Plan includes $1,400 payments to people in the following income bands, by tax filing status: Single: AGI up to $75,000; phased out at…
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…