Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
June 30, 2017
Here is the Best College Loan
As recently as the early 1990s, most students did not take out college loans. Today roughly two out of every three students borrow to pay for college due to the runaway cost of college. The typical student borrower is now leaving school with debt of roughly $37,000. Just the outstanding federal college loan debt now exceeds credit-card debt. Keep this...
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June 15, 2017
How To Tell if a College Will Go Bust
I am a huge supporter of families throwing a wider net when looking for colleges. I’m not going to lie, however, I do get push back from skeptical parents. Here is one of the questions that I hear from these folks: What if a promising college is on the verge of going belly up? Even though it’s rarely going to...
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May 16, 2017
When College Sticker Prices Can Matter
College sticker prices are often meaningless because most students at state and private universities don’t pay it. Published prices, however, can be a helpful starting point when exploring what kind of price break, in the form of scholarship and grants, your child might get at a particular institution. Here’s an example: Your teenager receives a $15,000 annual merit award at...
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May 8, 2017
Success Story! Saying No to a Dream College
Last month I heard from many parents agonizing about whether to let their teenagers attend their dream colleges. These dream colleges were inevitably highly selective to elite universities which cost $65,000 to $70,000 a year! I don’t believe any college or universities is worth paying that kind of money! My most recent blog post, which originally ran in 2014, focused...
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April 24, 2017
Saying No to a Dream College
Will your child end up going to his or her dream school? The odds are that your child won’t if the college or university is a rankings alpha dog. And that’s especially true if you don’t enjoy a powerful hook such as being a celebrity or a one-percenter kid, a legacy or an athlete. The story I’m sharing today is...
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April 11, 2017
How to Decipher a Financial Aid Letter
Financial aid awards are often confusing. I believe many colleges and universities intentionally make financial aid awards hard to decipher to trick families into thinking that their institutions are being generous even when they aren’t. Obfuscation is an effective way to keep parents off balance. Since we are heading into the season when students will be receiving their financial aid...
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March 28, 2017
Should You Pay More Than $66,000 for Northeastern University?
This is the time of year when parents and teenagers stress about their college choices. Parents whose children have expensive collegiate tastes can struggle with the some variation of the following question: Should they spend obscene amounts of money so their children can attend their dream school or should they insist that their children stick with more reasonably priced alternatives?...
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March 13, 2017
My New College Column at Cappex
If you like periodically checking out my college blog, I want to alert you to another place where I share my thoughts about college issues. I recently began a college column at Cappex, which is the popular resource for students and parents researching colleges and looking for scholarships. Here is the link to the archive of my new Cappex column...
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February 27, 2017
Real Story Behind College Wait Lists
This is a previous blog post I wrote on college wait lists (with updated figures) that I’m rerunning now that students are receiving wait list offers. Lynn O’Shaughnessy This weekend I heard from old friends who wanted to share with me stories of brilliant students who got shut out of elite universities. At a party on Friday night, a dad...
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February 13, 2017
What Is a Research University?
Most students who hope to earn a bachelor’s degree will enroll at a university. The schools that students dream of attending are almost always research universities. It’s far less common for teenagers to end up at a college. I find that reality unfortunate because a college can often provide a better education for undergraduates than a research university. And it’s...
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