Tag Archives: cost of college

The pursuit of higher education is a noble endeavor, yet it often comes with the heavy burden of financial debt. However, with strategic planning and smart decisions, it’s entirely possible to minimize or even bypass the need for student loans. This guest article from Laura Pearson, co-creator of Edutude. delves into a series of actionable strategies designed to empower students to manage their finances effectively. Through Edutude, Laura strives to find unique, creative ways for parents and educators to encourage students to be challenged, motivated and excited by learning. In addition to her work with Edutude, Pearson is an advocate for children’s rights and education. Leveraging Academic Resources for Success One of the most underutilized treasures of higher education is the plethora of academic support services available to students. Universities offer various resources, including free tutoring and workshops, aimed at enhancing student performance. By taking advantage of these resources, students…

Read more

Have you even been to a college fair? Basically, reps for a bewildering array colleges, universities and military services flood malls or other large venues so that students and families can gather information, brochures, and lots of first impressions. Is that all there is to the admissions process? Obviously, determining where you want to go is important. Equally essential is learning how to get in. The first Greater Rochester Getting-into-College Fair at the Pittsford Library in October was a great success, but we expect the next one to be even better. How is this different from a conventional college fair? Instead of campus reps, you’ll meet amazing local experts with answers about every aspect of college admissions. Perinton Community Center — Thursday, November 3, 5-8pm 1350 Turk Hill Rd, Fairport, NY 14450 The Getting-into-College Fair is free, and no registration is required. Come for guidance and insights for high school…

Read more

College is definitely, at least in most cases, a pricy proposition. Attending community college or earning substantial scholarship awards can defray the financial costs of college, but higher education demands a considerable time commitment as well. Considering just how much college students (and their families) invest in higher education, questions about the return on that investment only make sense. Any attempt to evaluate potential ROI from attending college requires the juggling of a variety of complex terms along with a stomach for uncertainty. College major alone dramatically influences potential earnings after graduation. What other factors should smart shoppers consider? Net Price Net price is the average cost of attendance, which includes tuition, fees, books and supplies, and living expenses, minus aid received from all sources. Net Present Value (NPV) The net present value is how much a sum of money in the future is valued today. This metric includes costs,…

Read more

That old adage about having to spend money to make money has never been more true than in reference to college. Among the many clear benefits of a college education are measurably improved average lifetime earnings an a higher likelihood of a satisfying career. But those benefits come at a cost, one that seems to practically double every year. How much has the cost of college really increased over the last ten years? Unsurprisingly, our friends at the College Board happen to track this exact information. Their comprehensive analysis of Tuition and Fees and Room and Board over Time provides exactly the information we are looking for, especially after some additional calculations. Private Non-Profit Four Year Schools Average tuition for private non-profit four year schools in 2021-22 was $38,070. Average tuition for private non-profit four year schools in 2011-12 was $33,320. That increase of $4,750 over a decade represents a…

Read more

While most applicants expect to earn a Bachelor’s degree in four years, more than half will fail to do so. In fact, fewer than two-thirds of students manage to finish even within six years. Considering how quickly the cost of college has been increasing, those extra years of college come at a tremendous cost. What kind of questions should high schoolers and their families be asking when considering why students don’t complete college in four years? Why does finishing a four-year degree on time matter? What academic issues keep students from finishing college on time? What credit and career planning issues keep students from finishing college on time? What role do or should colleges play in facilitating on-time completion? How can parents prepare high schoolers to finish their degrees on time? To understand both the massive scope and potential solutions to this common problem, I spoke with Rochester-based educational consultant…

Read more

The world sure has changed a lot over the last thirty years, hasn’t it? I remember the absolute thrill of the earliest days of video games, when playing Pong or Space Invaders represented the cutting edge of fun. Yet, my son’s PS 4 renders games in real time with all the cinematic realism of feature films. If we recognize on a daily basis the quantum leaps technology makes every 18 months or so, why do we cling to a view of college that still resembles higher ed in the 20th century? Everything we think we know about college–from applying to attending to paying for the privilege–is changing at a rate that even professionals cannot keep up with. Believe me, I know. Every week, I speak with counselors, educations, and admissions professionals who study higher education from every angle. We all observe a lot more misinformation and myths than actual facts.…

Read more

6/26