The College Solutions Blog

September 21, 2012

During a workshop that I held this summer, a mom interrupted me when I was talking about a College Board search engine that parents can use when they are looking for the schools that provide the best need-based financial aid. “What if you’re not going to qualify for financial aid?” the mom asked. “Is there a search engine that will...

September 19, 2012

When families look at financial aid packages they often assume that a school’s financial aid support will remain the same for four years. That, however, is a dangerous assumption to make. The financial support that some colleges and universities give students will shrink after their freshmen year even as their yearly costs continue to rise. Checking Aid Packages Why would...

September 14, 2012

A report released on Wednesday from the U.S. Census Bureau documents what a lot of people have been feeling for many years. Household income has been eroding for so long that it has now fallen to levels last seen in 1995. Median household income is now at an inflation-adjusted $50,054, which is 8.9 percent below its all-time high of $54,932...

August 26, 2012

This is the time of year when parents are stressing about paying for their child’s college tab. I’ve been hearing from parents who haven’t been able to borrow enough for college. I thought I’d share one of these emails. A Mom’s Dilemma Here is the mom’s note: I would like to know what to do if you don’t qualify for...

August 15, 2012

As I’ve said many times, students shouldn’t be applying to colleges unless they have a good idea of what those institutions will cost them. It’s easy to obtain these formerly elusive cost figures now that schools have installed net price calculators on their web sites. Today I’m sharing the results from a mom (Lynne) who has used the net price...

August 9, 2012

The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest rise in college-loan debt. In its analysis, the newspaper categorized upper-middle-income as households with yearly incomes in the 80th to 90th percentiles that range from $94,000 to $205,000. Among families with...

August 7, 2012

When students are developing their college lists, most of them (unless their parents are wealthy and don’t mind writing monster checks) should be paying attention to the net price of all their school picks.  Net price is what a school will cost you after scholarships and grants are deducted. An email that I received from a mom over the weekend...

July 24, 2012

I’ve been linking my posts to the federal student aid sites for years, but I haven’t done it with any enthusiasm. These websites, which have included information about federal student loans and grants, have been disjointed and borderline unhelpful. The websites reeked of bureaucratic jargon and didn’t provide any context for federal aid programs. I felt sorry for the parents...

July 24, 2012

I’ve been linking my posts to the federal student aid sites for years, but I haven’t done it with any enthusiasm. These websites, which have included information about federal student loans and grants, have been disjointed and borderline unhelpful. The websites reeked of bureaucratic jargon and didn’t provide any context for federal aid programs. I felt sorry for the parents...

July 20, 2012

If you’ve got a Kindle or a Nook and you haven’t bought a copy of the second edition of my book, The College Solution yet, you are in luck! The publisher is temporarily giving away the electronic version of my new book for free!   I don’t know how long this price will last, but I’d jump on it. If...