PEW CENTER SURVEY SHOWS 20% OF 26-YEAR-OLDS LIVING WITH THEIR PARENTS IN 2006, BEFORE RECESSION. CURRENT RATE ESTIMATED AT 35-50%. 10 PERCENT OF ADULTS YOUNGER THAN 35 MOVED IN WITH PARENTS IN LAST YEAR.
BUREAU OF LABOR REPORTS THAT 19.4 % OF 25-YEAR-OLDS CURRENTLY...
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In recent articles in the
Wall Street Journal and
Atlantic Monthly, you may have seen reference to a disturbing study of the wages of college graduates by Yale Economist Lisa Kahn. In Kahn's study of the wages for college graduates who entered the labor market during recessions, she found drastically lower wages for recession-era college grads when compared to college grads who entered the job market during good times.
In year one, those students who graduated during recessions earned 15-30 percent less than those who graduated during non-recessions. But most shockingly, those
low wages lingered for 15 or more years. In fact, recession-era graduates' wages never caught up to the wages of good times grads over...
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As exposed in a
recent study funded by AEI and the Bill Gates Foundation, colleges in Texas and vicinity have done a very poor job of graduating students in a timely fashion, if at all. Below are the
6-year!! graduation rates (4 year rates are so low that colleges refuse to disclose) for Caucasian students at colleges that are popular for Texas students.
AUSTIN COLLEGE 74%
BAYLOR 74%
UT-DALLAS 52%
SMU 73%
TEXAS TECH 57%
TCU 70%
TEXAS ST.-SAN MARCOS 54%
UT-AUSTIN 77%
SOUTHWESTERN 75%
UT-SAN ANTONIO 28%
TEXAS A&M 79%
ALABAMA 64%
LSU 59%
COLORADO 68%
ARIZONA 59%
ST. EDWARDS 53%
TRINITY TX 78%
GEORGIA 76%
If your family follows what everyone...
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For middle class families, one can expect to pay $50-200 thousand dollars for 4 plus years of college education. For many families, this investment will be second only to the cost of their home. Beyond monetary investment, your child's future is on the line. Making incorrect choices can amount to years of wasted time for a student, a misuse of family money, the loss of self-esteem and damage to career prospects. With such high high stakes, prudent deliberation is a must.
College has always been a special time in the lives of young adults. In the early years of post secondary institutions of learning, college was a time for separation, intensive study, and great camaraderie. In the years since the baby...
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For most teenagers, high school is a time for survival. Very few teens and families take the time to properly plan and evaluate this important time. Academically, high school should be a time of exploration. At best, students find areas of interest that will be pursued in college and beyond. More often, though, high school students are not presented stimulating material. With this circumstance, a high school academic career is mostly a trudge to completion of endless assignments and evaluations.
In pursuits outside the classroom, families and students often fail to approach possibilities with the important question: “What do I enjoy?” Frequently, students listen to the rumor mill and choose the pursuits that everyone else pursues. Not only is this a...
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