Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Money
June 8, 2012
Listen to my College Cost Webinar
LLast week I gave a one-hour webinar on shrinking college costs for 100 college consultants. Cyndy McDonald, a friend of mine who is also college consultant and the founder of MyCCA.net, invited me to give the presentation. MyCCA (which stands for My College Consultant Assistant) provides management software for college counselors to help them assist their clients in navigating...
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May 25, 2012
College Choices for Affluent Families
A mom emailed me earlier this week and I’ve somehow managed to stretch out the topic of her concern to three posts. If you’re curious, here are the previous ones: Who Is Stressed Out About College? Do You Really Expect Me To Pay That Much for College? Today I’m going to address her chief question: What do you do if...
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May 22, 2012
Do You Really Expect Me to Pay That Much for College?
I wanted to share an email that I received over the weekend from a mom named Linda, who is questioning whether her bright son’s No. 1 college choice – Cal Tech – is out of reach financially. Mom’s Email Here is what Linda wrote: My son, a rising freshman, has dreamed of attending Cal Tech for years, which others have...
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May 18, 2012
15 Ways to Cut the Cost of Borrowing
How can reduce your dependence on college loans? About this time last year, Mark Kantrowitz, the publisher of FinAid and FastWeb, sent me some suggestions on how families can reduce their dependence on college loans. I am running the suggestions again along with links to some of my college blog posts that I’ve written on the same topics. Here are...
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May 17, 2012
Financial Aid Practices in the 50 States
When you take into account all the sources of college aid that are available to students in this country, roughly nine percent comes from state governments. Recently that amounted to $9.2 billion. How states dispense this aid varies significantly. While nearly all states are strapped for cash, some are far more generous than others to college students. The requirements for...
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May 14, 2012
Stunning: How Many Are Borrowing for College
One aspect of the top story that appeared in yesterday’s New York Times shocked me. The number of students who borrow for college is much higher than I thought. I’ve routinely seen estimates that two-thirds of students take out loans for college. The New York Times, however, conducted an analysis that concluded that 94% of students who earn a bachelor’s...
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May 14, 2012
Stunning: How Many Are Borrowing for College
One aspect of the top story that appeared in yesterday’s New York Times shocked me. The number of students who borrow for college is much higher than I thought. I’ve routinely seen estimates that two-thirds of students take out loans for college. The New York Times, however, conducted an analysis that concluded that 94% of students who earn a bachelor’s...
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May 10, 2012
The Odds of Getting an Athletic Scholarship
Do you hope that your child is going to win an athletic scholarship? I run into a lot of people lately who hope/expect their children to pay for college with their athletic prowess. Some of these jocks, by the way, are in grade school! I’m not kidding. Even my own sister, whose daughter is 10, has fallen prey to the...
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May 3, 2012
The Realities of Merit Scholarships
I am attending something called the Super ACAC conference this week in Reno, NV. It’s a rare combined meeting of three related organizations that cover California, the Pacific Northwest and much of the rest of the western United States. College admission administrators, high school counselors and independent college consultants are attending the conference. On my Facebook page on Monday, I...
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May 1, 2012
Agonizing Before the Buzzer Rings
The time for agonizing is over. It’s college decision day which means the parents of high school seniors have little time left before they must put down their college deposits. As the deadline loomed, I heard from families, who were stressed about their decisions and, in some cases, how they were going to pay the tab. I thought I’d share...
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