Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
College Costs
March 12, 2012
An End to Bad Financial Aid Award Letters
Last week I wrote two college blog posts that included examples of confusing financial aid letters. If you missed them, here they are: Are These Financial Aid Letters Misleading? What’s Missing From This Financial Aid Letter? I received a couple of notes from independent college counselors saying that they were going to use the awards that I highlighted as templates...
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March 9, 2012
Are These Financial Aid Letters Misleading?
If you didn’t see my college blog post from yesterday, I’d urge you to take a peek. I wrote about misleading financial aid awards, which can cause parents to think that a school is going to be more affordable than it really is. Here is the post: What’s Missing From This Financial Aid Letter? Today I want to offer three...
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March 8, 2012
What’s Missing From This Financial Aid Letter?
Many financial aid letters — heck almost all of them — are confusing. I’ve always wondered why award letters are so difficult to understand. Perhaps the staffers generating these letters in the bowels of universities have been conversing in financial-aid speak for so long that they have lost their ability to communicate in standard English. Of course, the cynical explanation...
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March 7, 2012
Could College Affordability Become Fashionable?
Last week my best friend was complaining to me about how expensive Mount Holyoke College is. My friend’s daughter is a sophomore at the women’s college and she makes too much money to qualify for any financial aid. My friend can afford the tuition, but for the first time she was expressing her resentment that any college should cost that...
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March 1, 2012
Where Can You Find Cheaper College Prices?
In the higher-ed world, some things are highly predictable. Every year, for instance, millions of high school students head to college and every year schools raise their prices. Colleges and universities have rightfully taken a lot of flack for their annual price hikes. Traditionally, that’s been especially true with private institutions and particularly at the institutions that are now reaching...
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March 1, 2012
Where Can You Find Cheaper College Prices?
In the higher-ed world, some things are highly predictable. Every year, for instance, millions of high school students head to college and every year schools raise their prices. Colleges and universities have rightfully taken a lot of flack for their annual price hikes. Traditionally, that’s been especially true with private institutions and particularly at the institutions that are now reaching...
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3
February 28, 2012
Where More Upper-Middle Class Students are Heading
At this time of year, lots of families are realizing that their high school seniors can’t attend their dream schools. Seniors are receiving their financial aid packages in the mail and for some of them the numbers don’t look good. Among those who are struggling are upper middle-class families that you might assume would be in better shape to pay...
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February 24, 2012
The College Tab: Who Pays for What?
The majority of families end up borrowing for college. But when parents and teenagers talk about how they are going to divide up that responsibility, they rarely possess a good idea of what this debt burden is going to mean for them when the bills come due. That’s why I’m recommending a tool from SimpleTuition, an aggregator of private student...
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February 20, 2012
The Nation’s 62 Most Generous Colleges
What are the most generous colleges and universities in the country? US News & World Report attempts to answer that question every year when it rolls out its lists of institutions that self report that they meet 100% of each student’s financial need. Today I’m sharing the latest list that US News released last week. Not surprisingly, highly elite schools...
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February 17, 2012
What I’ve Been Up To Lately
My husband took this picture of me and Minerva, my office assistant, yesterday in my horribly messy office. I thought it would help illustrate what I’ve been doing for the past few months. My office is a wreck because I’ve been totally preoccupied with writing the second edition of The College Solution: A Guide for Everyone Looking for the Right...
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