Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Money
November 29, 2010
Can You Shrink Your EFC?
My last college blog post focused on a dilemma that many families face. When parents calculate what their Expected Family Contribution is, they discover it’s far higher than they anticipated. If you missed the post, here it is: Is Your EFC Too High? Today I want to stay on that topic and share an email that I received from a...
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November 28, 2010
Is Your EFC Too High?
Is your EFC too high? I have been hearing from families of high school seniors who have calculated their preliminary EFC or Expected Family Contribution and are now panicking. They can’t believe how high their EFC is. Your EFC can provide a decent idea of what a college will assume you could pay for one year of college. If you...
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November 25, 2010
A New Look for The College Solution Is Coming
Before I head into my sister’s kitchen in Pleasanton, CA, to start cooking the Thanksgiving feast and making a terrible mess, I wanted to share some news about my blog. On this day of thanks, I am happy that my college blog has continued to grow in popularity this year. I want to thank all of you who stop by...
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November 15, 2010
Why State Universities Aren't Always a Bargain
If you’ve been a regular visitor to my college blog, you know that college price tags are meaningless. A $50,000 college, for example, could cost some families less than a $25,000 school. More families in my state of California are beginning to realize this. I bet that’s why expensive private schools such as Whitman College, Colgate University and Swarthmore College...
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November 14, 2010
6 Tips for Performing and Visual Art Majors
In my college blog post last week for US News & World Report, I wrote about students who want to major in the performing and visual arts. Here it is…. If your child wants to major in musical theater or some other performing art, go ahead and blame it on Glee, American Idol or America’s Got Talent. Television shows make...
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November 10, 2010
Will Saving For College Hurt Your Odds for Financial Aid?
Is your family going to qualify for financial aid? Many families that I talk to assume that they won’t qualify for financial aid. Many believe that the money that they’ve stashed in their college savings accounts will kill their chances. Stressed Out Dads It’s been my experience that it’s usually dads who get stressed out about how colleges will treat...
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November 8, 2010
Should You Apply for Financial Aid?
Are you wondering if you should apply for financial aid? For most families, the answer will be yes. You should file for financial aid. Here are three key reasons why families of any income level should apply for aid by completing the Free Application for Federal Student Aid: 1. The FAFSA is free. The FAFSA won’t cost you anything but...
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November 4, 2010
Attending UC Berkeley for $50,649
I’m not surprised by much that I read about the higher-ed world, but even I was amazed at how quickly private colleges are blowing by the $50,000 price tag. After crunching College Board data, The Chronicle of Higher Education has published a list of the nation’s 100 top colleges by price, which all cost at least $50,000. Two years ago,...
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October 31, 2010
Fighting Back Against Rising College Costs
College costs continue to rise (surprise, surprise), according to the latest statistics released by the College Board. The news is depressing, but not as awful as you might assume. As I’ve discussed in previous college blog posts, roughly two-thirds of college students receive scholarships or other price breaks so the sticker prices are meaningless. 2010-2011 College Tuition Prices Type of...
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October 28, 2010
Answers to College Recruiting Questions
I’ve gotten questions lately from parents whose children are being recruited by college coaches. I wanted to share the questions because it might help other families who are or will be navigating the Byzantine world of college athletics. I talked to Karen Weaver, my go-to-expert on college athletics. Weaver is the director of athletics at a Penn State campus and...
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