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kgrill

College Discounting Does Students a Disservice - 0 views

  • This significant amount of tuition discounting, the wide variation in the amount of aid granted and the uncertainty around the true price results in an imperfect market for higher education and does a disservice to students, their families and American higher education in general. Because buyers can’t know what they will actually pay until the acceptance letter arrives, many students don’t apply to schools that they should consider and others apply to schools that they can’t afford assuming that they will get all the aid they need only to find out that they can’t afford them once accepted. In this last year, 26% of students who were accepted at their first choice school didn’t attend it because they were not offered aid and 40% said not being able to afford their first choice school was a very important consideration in their not enrolling at that school.(The American Freshman National Norms: 2013)
  • First, it is often very hard to find a school’s net price calculator as many bury them deep in their websites. I suggest using the college’s search engine to find the net price calculator. Second, a quick look at some school’s calculators immediately turned up problems—many schools are not keeping their calculators current or not including all aid they award in their calculator.
  • In addition, it is a very labor-intensive process
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  • Why do most private colleges price and discount this way? Most colleges believe that the public relates the sticker price with the quality of the institution and that the higher the price the higher the perceived quality. Second, many colleges believe that students and their families like getting scholarships. Families resonate to scholarships and take it as an indication that the institution wants their child. Third, the larger the difference between the sticker price and the net price the more colleges can charge different net prices to different students; this gives the schools more opportunity to discriminate in their pricing in favor of students who are most desirable to the college. Fourth, many schools are unable to get the enrollment that they need to fill up their classrooms at their sticker price because students and their families are either unable or unwilling to pay the price and thus they must discount the price to get the enrollment that they need for financial equilibrium.
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    Eighty nine percent of entering freshman receive some financial aid/tuition discount from their institution
kgrill

Your Education Your Investment - 0 views

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    from the Chronicle of Higher Education
kgrill

Over 30% Of High School Seniors Are On Track To Flunk Out Of College - Forbes - 0 views

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    "only 53% of those US students who enroll in higher ed eventually receive their diploma"
kgrill

A Profile of Freshmen at 4-Year Colleges, Fall 2013 - Almanac of Higher Education 2014 ... - 0 views

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    Who are they?
kgrill

Education Resources - NYTimes.com - 0 views

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    Resources around the Web about education selected by The New York Times editors and staff
kgrill

About | DIY College Prep - 0 views

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    "Do-It-Yourself (DIY) College Prep focuses on academics and study skills for prospective college students; independent learners, students new to college, or students returning to college after a hiatus also will find helpful tips here."
kgrill

Should You Apply to SAT-Optional Colleges? « satdude - 0 views

  • Why did these colleges decide to become test-optional? There appear to be two primary reasons. For one, some colleges seek to admit otherwise-worthy students who perform relatively poorly on standardized tests. The second reason is that schools can achieve higher rankings by not reporting the scores of those who did not submit them for application (presumably, these tend to make up a large proportion of their lowest scores).
  • poor SAT takers are likely to be poor test takers
  • So my conclusion would be: first, check on the policies of any SAT-optional schools to which you are interested in applying. Second, unless your SAT scores are so low as to be totally out of whack with your GPA and other qualifications, send them on
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  • To sum up, I am saying that test-optional policies are of little help to those students who underperform a little on their SATs. However, they can help if you underperform a lot.
kgrill

Early Decision & Early Action - 0 views

  • Early decision plans are binding — a student who is accepted as an ED applicant must attend the college. Early action plans are nonbinding — students receive an early response to their application but do not have to commit to the college until the normal reply date of May 1.
  • ED plans have come under fire as unfair to students from families with low incomes, since they do not have the opportunity to compare financial aid offers
  • Agree to attend the college if accepted and offered a financial aid package that is considered adequate by the family.
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  • Apply to only one college early decision.
  • Receive an admission decision early in the admission cycle (usually in January or February).
  • Give the college a decision no later than the May 1 national response date.
  • Has researched colleges extensively.
  • Is absolutely sure that the college is the first choice.
  • Has found a college that is a strong match academically, socially and geographically.
  • Meets or exceeds the admission profile for the college for SAT® scores, GPA and class rank.
  • Has an academic record that has been consistently solid over time.
  • Time crunch for other applications: Most colleges do not notify ED and EA applicants of admission until December 15. Because of the usual deadlines for applications, this means that if a student is rejected by the ED college, there are only two weeks left to send in other applications. Encourage those of your students who are applying early to prepare other applications as they wait to receive admission decisions from their first-choice college. 
  • arly-applying students should know that colleges may rescind offers of admission should their senior-year grades drop.
  • Higher admission rates for ED applicants may correlate to stronger profiles among candidates choosing ED. Students should ask the admission office whether their institution's admission standards differ between ED and regular applicants, and then assess whether applying early makes sense given their own profile.
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    pros and cons
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