Tag Archives: New York Times

College statistics you should know

Numbers often give us the big picture of challenges facing us and college statistics give us a picture of the state of higher education today.

I don’t know if you read The New York Times, but if you do not, you will want to read the following statistics listed by David Brooks on May 5, 2014:

  • 1974 – 77% of all college students enrolled in their first choice school
  • 2013 –  57% of all college students enrolled in their first choice school
  • 1976 –  50% of all college students went to college to earn more money
  • 2006 –  69% of all college students went to college to earn more money
  • 1966 –  42% of college students reported being well off financially was important
  • 2005 –  75% of college students reported being well off financially was important
  • 1966 –  86% of college students reported going to college to develop a philosophy of life. In 2013, the percentage was less than 50%.
  • 1985 – 18% of college students felt overwhelmed by all they had to do
  • 2013 – 33% of college students felt overwhelmed by all they had to do.

Ask yourself:

  • Do you know why you want to go to college?
  • Is a good job after graduation, doing meaningful work and earning a decent salary, important to you?

The New College Guide

If you read and follow the principles in The New College Guide: How to Get In, Get Out, and Get a Job, you will enroll in your first choice school.

You cannot fail!

Mr. Cohen cuts class, misses notes; not college costs

In an opinion piece published in the March 21 edition of the New York Times, attorney Steve Cohen suggests a quick way to cut college costs would be for Congress to reduce by 75 percent the “estimated family contribution,” or EFC, for middle class families with children headed to college or university.

I believe Mr. Cohen is mistaken and submitted to the Times a letter in rebuttal:

I must respectfully disagree with a basic premise in Mr. Cohen’s Op-Ed article in today’s New York Times.

It is folly for a family to spend time and money filing many college applications and only begin a conversation as to whether they can afford the school after an acceptance letter arrives in the mailbox.

To cut college costs, a more pro-active approach to college admission and financing is necessary. Families should have in-person ( or electronic) conversations with financial aid staff to get an estimate of Expected Family Contribution. At the same time they should also get an estimate of what the family can expect in federal, state and school funding. There are many colleges and universities meeting with parents and students in the evening or on the week-end to provide early estimates of financial costs and expected funds.

Some schools may be eliminated after this information is calculated. Other schools may stay on the college list as a result of the information.

Given the political climate in Washington, does anyone really believe, as Mr. Cohen suggests, that Congress and the President will act quickly to reduce the EFC by 75%?

The best way for families to control college costs is to take control, by getting good information early in the application cycle, of their ability to afford, or not afford, each of the schools on their college list.