3 questions every parent and child should answer before choosing a college

If you’ve been reading my recent articles you may sense a theme (or an obsession) with figuring out the costs and benefits of going to college.  There are clearly benefits of going to college, but it is a ‘big money decision’ and should only be made with the appropriate level of due diligence.

While the decision about which school is the “best fit” is somewhat subjective, the cost of obtaining a diploma and how to pay for it should be viewed more objectively.  Continue reading “3 questions every parent and child should answer before choosing a college”

How to prioritize your list of colleges

My son will be going to college next year and we are working with him to narrow down his choices. After a first cut, we arrived at a list of 6 schools that he would be interested in attending based on location, programs, admissions requirements, and taking a campus tour. He applied to all 6, and we expect that he will get into at least 4 of them, but he could get into all 6. We now need to figure out how to help him further prioritize that list.

To help us make informed decisions, we are going to weigh both qualitative and quantitative criteria to prioritize the list.   Continue reading “How to prioritize your list of colleges”

What financial return have you received from getting a college diploma?

Ever wonder if going to college was worth it? I’m not talking about the great time you had, or will have, socializing or “finding yourself”. I’m talking about the financial benefit received from going to college.  For most students college is worth the investment as indicated by the growing earnings gap between college-educated and less-educated Millennials, based on a report from the Pew Research Center.  The research also shows that college-educated Millennials:  Continue reading “What financial return have you received from getting a college diploma?”