Tag: college value

The best colleges for your money: 2015-16

Posted on July 14th, 2015

We talk a lot about college value, but few rankings systems take affordability into account.

MONEY, however, recently released its yearly list of the colleges ranked by how much value they deliver to the student, by providing a great education at an affordable price and good career prospects.

We’re big fans of their methodology, because unlike the rankings in U.S. News and many other publications, they strive to show students how important it is to consider return on investment when choosing a college.

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New tool helps measure the value of your college degree

Posted on April 1st, 2015

When giving advice to students and families about choosing a college and determining how to pay for it, we tell them to look at the return on investment (ROI) of the degree.

The College Considerator is a new tool makes that even easier, by measuring the value of the student’s potential degree. This can help families and students figure out whether it’s worth paying for the college of their choice.

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Pressure for prestige has made college admissions a circus

Posted on March 26th, 2015

Applying to and getting into college puts enormous pressure on students and families. Many students believe they need to get into the “best” (highest-ranked) college possible in order to have a chance at getting a good job after college.

Particularly among the wealthy, there’s often competition between parents as their children apply to the same prestigious colleges, Robert Reich writes in a recent piece for Slate.

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The 10 Colleges With the Most Generous Financial Aid

Posted on March 23rd, 2015

As college costs have risen, financial aid at most colleges hasn’t kept up, leaving students to make up the difference with loans.

According to Peterson’s, the average college only provides enough scholarships or grants to meet 70% of what low- and moderate-income students need to pay their college bill.

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Why are so many students choosing for-profit colleges?

Posted on March 3rd, 2015

For-profit colleges have faced bad press over the last few years–and deservedly so.

They’ve been accused of predatory lending, and graduates report poor outcomes, high student debt, and difficulty finding jobs.

In spite of this, and the fact that they’re more expensive on average than both public two- and four-year colleges, they’re increasing in popularity, particularly among younger students, according to The Hechinger Report.

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How Dartmouth’s president is trying to cut the rising cost of college

Posted on February 10th, 2015

"This historic funding model of having the costs go up that much, the sticker price go up that much, is unsustainable and probably near the breaking point." -- Dartmouth President Philip Hanlon

Given that colleges are the ones raising tuition every year, it’s not every day that you hear a college president coming out against rising college costs–especially one from an elite (and very expensive) Ivy League university. But Philip Hanlon isn’t your average college president. Rising college costs are ‘unsustainable’ Hanlon is the president of Dartmouth […]

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Comparing the cost of college to other life purchases

Posted on December 11th, 2014

Everyone knows college costs are up, but how does that rise compare to the increase in prices of other life purchases, like cars, housing and consumer goods?

This chart shows how the rise in college tuition at public and private universities compares to the increase in cost of items in the consumer price index (CPI), homes, cars, and healthcare as well as the median income.

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The Highest & Lowest Paying Majors By Starting Salary

Posted on November 30th, 2014

While we believe you should major in a subject you enjoy because you’ll do better if you’re interested in the material, there’s no denying that some college majors pay better than others–usually because students in these positions gain more specialized, in-demand knowledge.

According to a new study from Michigan State University, electrical engineering majors have the highest starting salaries out of college, with the average graduate making $57,030 in the first year.

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Calculating the value of college majors

Posted on November 24th, 2014

We’ve expressed that the value of your college degree is influenced heavily by several factors, including choice of major and how much debt you take on to pay for it.

And now a new calculator from The Hamilton Project makes it easier for college-bound students to understand how much their degrees will cost them over time depending on major, student loan debt, interest rates, and term of the loan.

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Evaluate return on investment when choosing a college

Posted on November 3rd, 2014

"Parents realize the economy hasn't changed much in the past six years, and they're shopping for college like they would any other major product. This isn't an emotional transaction anymore." -- CFG Co-founder Andy Leardini

With the cost of college rising, more parents are beginning to look at the return on investment of where they send their children to college and evaluating whether schools are worth their high costs. As College Financing Group co-founder Andy Leardini told Buffalo Business First in a recent article, the college decision has become like […]

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