As college admissions have become drastically more competitive, the focus on extra-curricular activities has increased as well. Students today are getting involved in their high schools, communities, and on the playing field and in performance much more than ever before. Parents are programming their children from very early on to "get involved." High School counselors preach everyday, "more clubs, more activities, more service." Some of my clients have given me resumes that are 5 pages in length! And they haven't even graduated high school yet!
At the same time, many students get overwhelmed by the wide variety of extra-curricular options and fail to get involved with anything in depth. Other students will ignore extra-curriculars entirely until...
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For the last 10 years or so, private colleges have made huge strides to make college more affordable for middle-class families. Even though sticker prices may be rising, discounts have been rising along-side. In 2008, the latest year for which data is available, the average discount rate for first-time, full-time freshman was 42 %.
According to the National Association of College and University Business Officers (NACUBO), the increase in discounts has been driven by the economic downturn. In their survey of 355 independent institutions, NACUBO found discounts to be at an all-time high. In our practice, we have observed similar discounts, with some students receiving discounts of 75-100%. When students are a good fit for the prospective college,...
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JNES5HNW74N9 At least 39 states have cut assistance to public colleges and universities, resulting in reductions in faculty and staff. In some states the budget crises created by the recession have created massive problems on campus. In California, tenured faculty have been asked to take wage cuts and are working up to 21 unpaid days this year. Further, budget cuts and tuition raises in the University of California system have faced huge resistance from faculty and students. For the first time in decades, UC campuses have seen
student occupation of administrative buildings,
student and faculty joint protests and marches, and
on-campus rioting.
The conflicts are less aggressive at other state universities, but are causing great...
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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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