Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
Money
October 27, 2010
Qualifying as an Independent Student
I periodically get emails from teenagers, who are freaking out because their parents plan to contribute little if anything to their college education. Many of these kids are from affluent families, who could afford to kick in far more than they are planning. I don’t understand parents with good paying jobs who have no problem dumping the entire college expense...
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October 20, 2010
4 Reasons to Consider Canadian Universities
Ever thought about attending a Canadian university? A growing number of Americans are considering earning a college degree from up North. Actually, it’s not as far north as you might think because most Canadian universities are near the US border. There are some hidden academic jewels in Canada, which explains why you might be interested in exploring their Northern options....
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October 18, 2010
10 Things That Many High School Counselors Don't Know
I am sure that I ticked off a fair number of high school counselors yesterday when I wrote this post: Why High School Counselors Don’t Know Much About College I wanted to follow up with a list of things that the typical high school counselors doesn’t know. This list could have been much longer, but since people are impatient on...
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October 10, 2010
Should Rich Students Get Merit Scholarships?
Should colleges continue to give merit scholarships to rich students? The vast majority of colleges and universities in this country dispense money to rich kids through merit scholarships or grants. The higher-ed world isn’t proud of this practice, but it’s pervasive. I ended up talking about this phenomenon this weekend when I was visiting my daughter Caitlin, who is a...
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October 4, 2010
Maximizing Financial Aid Awards
How do you maximize potential financial aid awards? Today I want to share with you a wonderful resource – TuitionCoach — that may be able to help you do just that. Until last week, you had to pay to use TuitionCoach, but not anymore. The site contains college funding videos, a library of financial aid resources and software that can...
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October 4, 2010
Should Parents Help Pay for College?
Should parents help pay for college? For a lot of people who visit my college blog this is going to seem like a no brainer. There are, however, parents who are determined to foist the whole cost of college onto their kids. I can certainly understand why a mom or dad, who makes little money, couldn’t help. But you can...
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October 1, 2010
The Biggest Thing Since College Rankings
Do you use Expedia, Orbitz or Travelocity when you book a flight or find a rental car? Have you used Zillow when you’re searching for a house or Carfax when looking for a used Honda? Using these website and others like it has made buying all sorts of stuff easier. One big ticket item, however, that’s resisted this kind of...
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September 22, 2010
When Will a College Degree Pay Off?
It’s old news that college graduates make more money than Americans who bailed on their education after high school. You don’t need a study to figure this out, but that hasn’t discouraged researchers from crunching the numbers anyway. This week the College Board released a study, Education Pays 2010, that documents what advantages that a bachelor’s degree conveys. Here are...
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September 15, 2010
Coconuts and College
I knew I was in a foreign country today when I looked outside my hotel window and saw a billboard that contained this message: Be health conscience. Eat a coconut every day. I’m in Jamaica, where I’ll be the featured (and apparently heavily promoted) speaker at a first annual college conference in Kingston. What could I possibly tell these Jamaican...
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September 13, 2010
Calculating Your EFC
In my last blog, I talked about why it’s important to know what your EFC or Expected Family Contribution is. Here is the post: What Is Your EFC? Today, I’m going to show you how you can get a preliminary EFC, which is not as hard as you might think. You just need to use an online EFC calculator. Here...
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