This week, the Wall Street Journal ran “Colleges Mine Data on Their Applicants,” an insightful and instructive read about the hypercompetitive world of college admissions. Pass it along to your college-bound children ASAP. They need to know this game is on.
Building good credit is one of the most important aspects of transitioning from college to adulthood. A high credit score can make it easy to leverage lower rates on future auto and home loans. A credit report may be accessed as part of job screenings, so maintaining solid standing is a positive.
College affordability shouldn’t be a one-time calculation done at the time a student receives their first financial aid award letter. Reducing the cost of college – and thereby increasing the return on investment – can be done in college.
While everyone loves holiday presents, one great gift parents can pass to their children is a discussion about money and making a budget.
Ok, it’s not the most exciting topic, but it is one that high school and college students need to think about. For the pre-high school crowd, a basic understanding of saving and spending goes a long way to setting them on a course for success in the years to come.
For some students, the college interview may be their first ever formal interview with a prize on the line: admission to the college. An interview can be an important piece of the admission puzzle, along with academics and extracurriculars, and may even help maximize your student’s merit-based financial aid (free money awarded by the college, not based on family finances).
If you’re a grandparent helping to save for your grandchild’s education, you’re not alone. Recent surveys showed that nearly 40% of grandparents make some contribution to their grandchild’s college education.