HIGH SCHOOL STUDENTS FACE UP TO COLLEGE COST REALITY, SAVING MORE AND MAKING TRADE-OFFS
|
|
- Peter Gilbert
- 8 years ago
- Views:
Transcription
1 HIGH SCHOOL STUDENTS FACE UP TO COLLEGE COST REALITY, SAVING MORE AND MAKING TRADE-OFFS 529s, as they are called, are intended to support families in meeting the relentlessly rising expenses of a college education. The average annual tuition costs of attending a 4-year public and a 4-year private college or university in are escalating beyond the rate of inflation. Including tuition, room, board and expenses. The average total cost in for an in-state student at a 4-year public college is $17,860; and for a 4-year private college is $39,518, according to the College Board. A new survey of high school students across the country showed a strong uptick in college savings habits and a willingness to make the tradeoffs necessary to attain higher education. The students participating in the College Savings Foundation s fourth annual How Youth Plan to Fund College survey seem willing to pursue a variety of ways including working and going to school part time to avoid at least some of the student debt that is threatening to drag on the economy. The strongest outcome was the finding that sophomores, juniors and seniors across the country are proactive about saving, with 74 percent planning to save money for college or post-secondary school. Over half of them, 53 percent, have already gotten a job to earn money for college, compared to 46 percent among last year s students. The College Savings Foundation (CSF) is a Washington, D.C.-based not-for-profit organization whose mission is to help American families achieve their education savings goals, by working with public policy makers, media representatives and financial services industry executives in support of education savings programs. Nearly half of the high school students surveyed have started saving already: 49 percent, up from 45 percent last year; and of those a whopping 77 percent having already saved $1,000, up from 72 percent last year. Perhaps part of that success stems from the fact that nearly 29 percent of students are saving through a 529 college savings plan theirs or their parents (22.1 percent through their parents and 6.5 percent on their own). This generation of students was born at the inception of 529 college savings plans. It s exciting to see their enthusiasm as well as their parent s enthusiasm for saving early and strategically, said Roger Michaud, Chair of CSF, a leading nonprofit helping American families save for their children s higher education. t only are more students planning to use their own funds for college or higher education, but they also intend to cover more of their costs. Sixty-seven percent of students plan to use their own funds for college, up from 65 percent last year. Those who plan to pay for percent of the costs have increased dramatically to 43 percent from 35 percent last year. The number of students covering less than 25 percent of college costs has dropped to 41 percent from 46 percent. The CSF How Youth Plan to Fund College is an online survey of over 500 sophomores, juniors and seniors across the country, with parental permission.
2 How will they cover these costs? The vast majority 93 percent say they will or may work while in college a reality that will force many to attend school part time, or have less time to study. Yet many of these students are undaunted, with almost half, 45 percent, acknowledging that working will be a good experience. Students are addressing the costs of college directly by pulling away from higher priced private colleges: only 17 percent plan to attend private colleges down from 21 percent last year; and 47 percent are headed to public college, up from 45 percent last year. The average total cost in for an in-state student at a 4-year public college is $17,860; and for a 4-year private college is $39,518, according to the College Board. They are also more willing to forgo material things like electronics or a car in order to save for college nearly 59 percent up from 56 percent last year. Greater reliance on Grandparents and extended family More students are expecting to receive help from relatives 45.5 percent, up from 41 percent and they are expecting a lot more of it: 41 percent expect to get over $5,000 toward higher education, compared to 29 percent last year. High school students are also pursuing technology-based innovations to tackle the high price of college. Twenty-nine percent said they are looking at online learning to reduce costs. Twin shadows of costs and debt loom large Despite their intentions to save and work, students are still resigned to borrowing 66 percent versus 63 percent last year. And 36 percent have researched student loans, up from 31 percent last year. Students are clearly concerned with their debt burden after college: 79 percent of all students said they would feel better about college debt if they had savings. Over 78 percent of students said that costs were definitely or possibly affecting further education plans. Of those, the impact is being felt more deeply this year: 58.6 percent say costs will affect their choice of a major, compared to only 51 percent last year; and 63.5 percent say that costs are a factor in deciding to attend school part versus full time, as compared to 60 percent last year. The burden of debt casts a heavy shadow on our children s future, Michaud said. We found that it narrows their college choices now; and we know that it can impair their ability to make financial commitments in the future. Saving early and often is a parent s best strategy for positioning children for financial stability. Economic conditions have also influenced college plans for more students 42 percent versus 34 percent last year. Parents teaching their children well Students seem to be learning from their parents and guidance counselors. Nearly 39 percent are being advised on college planning by their family, 33 percent by their guidance counselor, and 19 percent by a financial advisor. They seem to be learning well at home. Of the 68 percent of students who are talking to their parents about their involvement in funding college, over 68 percent of the parents are saving, up from 63 percent last year. Of those parents who are saving, over 36 percent are in 529 plans, up from 31 percent last year. More are saving a fixed amount each month 48 percent up from 43 percent; and more (39 percent) have saved over $15,000, compared to 35 percent last year. Additional findings: 78.4% plan on receiving financial aid, versus 80% 70.5% of students expect to get scholarships, similar to last year 2 C OLLEGE SAVINGS FOUNDATION
3 THE GOOD NEWS: HIGH SCHOOL STUDENTS SHOW BETTER SAVINGS HABITS Have you decided that you want to save money for college or post-secondary school? Nearly threequarters of High School students are saving. 38% 8% 38% 18% 20% Of those, more students are getting jobs to help with savings. 53% have jobs compared to 46% last year. Have you gotten a job in order to earn money so you can save for college or post-secondary school? 53% 4 46% 54% Have you begun saving for college or post-secondary school? Of all High School students,more have started saving: 49% 51% 45% 55% 49%, up from 45% last year. How much have you saved? 7 of savers have $1,000 already up from 72% last year. 31% have saved more than $5,000, up from 26%. Less than $1,000 19% 4% $1,000 - $5,000 46% 31% Greater than $5,000 Less than $1,000 $1,000 - $5,000 46% 26% Greater than $5,000
4 2013 Do you know what a 529 college savings plan is? How are families saving? Nearly 29% through 529 College Savings Plans., I am using one, my parents are using a % 24% 4, I do not 20% 4% 10% 65% I have heard of it but need to understand more Have you planned on using your own funds to pay for part or all of your college or higher education costs? 6 of students intend to cover college costs. 24% 11% 22% 24% 41% 12% What percent of your total education costs are you planning on using your own funds for? will use their funds to cover 26-50% of costs, up from 35% last year. 26% - 50% 41% Less than 25% 26% - 50% 35% 46% Less than 25% 16% Greater than 50% 19% Greater than 50% 4 C OLLEGE SAVINGS FOUNDATION
5 2013 Do you plan to work while attending college? How will they cover college costs? By getting a job. 59% plan to work in college and 34% may work. 59% 34% Maybe Will work at college or post-secondary school affect your status of attending full v. part time? 51% will attend full time and work., I can attend full time and work 51% 20% 29%, I will have to attend part time, I can attend full time but will have less time to study Do you feel this decision will affect your long-term career goals? But 45% think working will be a good experience., it will be a good experience 45%, it will slow my progress 32%
6 MAKING THE TRADE-OFFS FOR HIGHER EDUCATION What are your future education plans? Fewer students are headed to Private College 1, down from last year. 4 of High School students are headed to Public College, up from 45%. Private College 1 4 Public College Private College ne 8% Other 4% 5% Vocational 19% College 45% Community College Public College 19% ne Other 5% 5% 5% Vocational College Community College Have you foregone things (i.e. electronics, car, vacation) in order to save for college? Of those students who are saving, 59% are willing to give up a car or electronics, up from 56% last year. 59% 41% 56% 44% Do you plan on borrowing money to attend college/postsecondary school? Students are resigned to borrowing 66% versus 63% last year. 26% 40% 20% 14% 42% 14% 6 C OLLEGE SAVINGS FOUNDATION
7 2013 Are you concerned with the debt burden you may be faced with after college or higher education? Nearly 80% of students are concerned with student debt. Definitely yes 44% 35% Definitely no 8% 13% Would you feel better about college debt if you had savings? 79% would feel better about debt if they had savings., but I wish I had more savings 35%, and I am saving 13% 8%, I can t save enough, but I wish my parents had more savings Have you researched any type of student loans? More have researched student loans versus 31% last year. 64% 31% 69% Have the costs of school influenced your further education plans? 78% of High Schoolers say costs affect their higher education choices. 31% 4 22% 30% 48% 22%
8 Have costs been a factor in deciding whether or not to attend college? 68% say costs affected whether or not they attend college. 29% 39% 25% 26% 40% 28% 6% Almost 64% say costs will affect whether they go part or full time, up from 60% last year. Have costs been a factor in deciding to attend college part time versus full time? 2 26% 11% % 61% say costs affect their choice to attend vocational school, up from 54% last year. Have costs been a factor in deciding whether or not to attend vocational or career schools? 3 24% 11% 28% 18% 34% 12% Have costs been a factor in choosing your major (i.e. picking a major because it has a higher starting salary)? Nearly 59% say costs affect the choice of a major, versus 51% last year. 28% 14% 15% 34% 15% 8 C OLLEGE SAVINGS FOUNDATION
9 Have economic conditions influenced your college plans? 42% said that economic conditions mattered, up from 34% the year before. 42% 16% 42% 34% 29% of students expect to use online courses to reduce college costs. Are you considering taking courses from an online university to reduce your overall costs? 29% 71% OTHER PEOPLE S MONEY: FAMILY AND SCHOLARSHIPS Are you expecting to receive money for college from relatives? Students showed a greater reliance on relatives 46% versus 41% last year. Definitely 35% 11% 24% 30% Definitely Definitely 29% 12% 32% 2 Definitely Students are expecting more money from them: 41% expect $5,000 or more, compared to 29% last year. $5,000- $15,000 $15,000- $30,000 If you are expecting to receive money from relatives, how much money are you expecting to receive? 24% 12% 5% Greater than $30,000 31% 28% Less than $5,000 $5,000- $15,000 18% $15,000-6% $30,000 5% Greater than $30,000 33% 3 Less than $5,000
10 Do you plan on/or are you receiving a scholarship to attend college/post-secondary school? Over 70% expect scholarships. 28% 8% 44% 26% 9% Do you plan on receiving financial aid to attend college/post-secondary school? 78% expect financial aid. 35% 15% 13% 3 TEACHING CHILDREN WELL: WHERE STUDENTS GET GUIDANCE 2013 Who is advising your family on college planning issues? Students are learning from family and guidance counselors. Financial Advisor College coach or paid tutor 5% 19% 33% 39% Family members 4% Friends Guidance counselor Have you talked to your parents about their involvement in funding your college education? 68% of students talk to their parents. 68% 32% 70% 30% 10 C OLLEGE SAVINGS FOUNDATION
11 Are your parents saving for you to attend college? Of those parents, 68% are saving, up from 63% last year. 68% 11% 63% 20% 1 How are your parents saving? of saving parents used a 529 college savings plan, up from 31% last year. Savings Account 529 College Savings Plan Education Savings Account Brokerage Account 6% 10% 31% Savings Account 33% 529 College Savings Plan 31% Education Savings Account Brokerage Account 8% 8% I don't know 16% Percent Are they saving a fixed amount per month? Nearly half, 48%, are saving a fixed amount per month, up from. 48% 15% 3 33% How much have they saved? Savings are higher among these parents: 39% have saved more than $15,000, up from 35% last year. Less than $5,000 11% $5,001-$15,000 $15,001-$30,000 Greater than $30,000 I don't know 18% 18% 32% Less than $5,000 14% $5,001-$15,000 $15,001-$30,000 1 Greater than $30,000 18% I don't know 28% Percent
12 ABOUT THE STUDENTS 2013 What is your education to date? What year are you in high school? Junior 48% 32% 15% 25% 3 High School- Public 90% 6% 4% High School-Private Home Schooled Sophomore Senior 2111 Wilson Blvd, Suite 700 Arlington, VA
COLLEGE SAVINGS FOUNDATION 2015 SURVEY OF YOUTH
COLLEGE SAVINGS FOUNDATION 2015 SURVEY OF YOUTH HIGH SCHOOL STUDENTS GET DOWN TO BUSINESS IN PLANNING AND PAYING FOR COLLEGE, COLLEGE SAVINGS FOUNDATION SURVEY FINDS 529s, as they are called, are intended
More informationParents are committed to saving for their children s future and are using sound strategies to reach their goals
529s, as they are called, are intended to support families in meeting the relentlessly rising expenses of a college education. The average annual tuition costs of attending a 4-year public and a 4-year
More informationHow Youth Plan to Fund College
College Savings Foundation 2010 Survey of Youth How Youth Plan to Fund College A survey by the College Savings Foundation of over 500 16- and 17-year olds from across the country High school students step
More informationCOLLEGE SAVINGS FOUNDATION 2015 EXECUTIVE SUMMARY PARENTS SAVE FOR KIDS COLLEGE DESPITE CARRYING STUDENT DEBT
COLLEGE SAVINGS FOUNDATION 21 EXECUTIVE SUMMARY PARENTS SAVE FOR KIDS COLLEGE DESPITE CARRYING STUDENT DEBT 29s, as they are called, are intended to support families in meeting the relentlessly rising
More informationCollege Savings Foundation 2008 Survey of Parents. Survey of Parents Finds Financial Education Pays. Executive Summary:
College Savings Foundation 28 Survey of Parents The State of College Savings Survey of Parents Finds Financial Education Pays Knowing How Much to Save Closes Financial Education Gap Executive Summary:
More informationThe Student Debt Dilemma and the Role of 529 Plans
The Student Debt Dilemma and the Role of 529 Plans May 21, 2015 by Roger Michaud of Franklin Templeton Investments It s no secret that the cost of college has been skyrocketing in recent years. In the
More informationFederal Student Loan Debt: 1993 to 2004
Issue Brief June 2005 Federal Student Loan Debt: 1993 to 2004 University officials, lenders, and policy makers typically monitor annual federal student loan volume (the number of loans made and the total
More informationPlanning for the Costs of Higher Education
Planning for the Costs of Higher Education The Financial Planning Association (FPA ) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals
More information9 TH ANNUAL COLLEGE SAVINGS INDICATOR EXECUTIVE SUMMARY OF KEY FINDINGS
9 TH ANNUAL COLLEGE SAVINGS INDICATOR EXECUTIVE SUMMARY OF KEY FINDINGS INTRODUCTION This summary presents key findings from Fidelity Investments 9th Annual College Savings Indicator Study. The study was
More informationUnderstanding 529 Plans
a guide to Understanding 529 Plans A 529 plan is a qualified tuition program to help finance qualified higher education expenses. Table of Contents It Pays to Save for Education...2 Education Costs Outpace
More informationTRANSITION TO COLLEGE
TRANSITION TO COLLEGE A Timeline for High School Students with Mental Illness AUGUST 2014 We have the legal right of way. INTRODUCTION Attending postsecondary education or training is an important decision
More informationMaking College An Affordable Reality Preparing and Paying For College The Right Way
Making College An Affordable Reality Preparing and Paying For College The Right Way College and Financial Coaches Ready to Serve Your Family COLLEGE ADVISORS GROUP LLC 401-821-0080 Graduates 2013 College
More informationSaving for Education: A Long-Term Investment. A Guide to Understanding 529 Plans
Saving for Education: A Long-Term Investment A Guide to Understanding 529 Plans Table of Contents It Pays to Save for Education................. 1 Education Costs Outpace Inflation............ 2 The Importance
More informationImplications of Student Debt: A High School Perspective. Lynne Medsker Director of Guidance Westwood High School
Implications of Student Debt: A High School Perspective Lynne Medsker Director of Guidance Westwood High School Role of the High School Guidance Counselor Counselors begin working with students on postsecondary
More informationCAN THE M.S. DEGREE INCREASE STEM Ph.D. COMPLETION RATES AND INCREASE DIVERSITY? MOHEB GHALI WESTERN WASHINGTON UNIVERSITY
CAN THE M.S. DEGREE INCREASE STEM Ph.D. COMPLETION RATES AND INCREASE DIVERSITY? MOHEB GHALI WESTERN WASHINGTON UNIVERSITY PART I THE MASTER S DEGREE AND PhD COMPLETION RATES IN STEM US and CANADA (G13)
More informationthe 4 steps to college
RESOURCES 1-800-433-3243 For a Free Application for Federal Student Aid and other information about financial aid, visit www.federalstudentaid.ed.gov KnowHow2GO the 4 steps to college Paid for in part
More informationFinancial Planning and College Costs
SUMMER 2013 Financial Planning and College Costs The Parent Perspective University Research Partners is the research division of Royall & Company. URP designs, deploys, and analyzes issue-oriented research
More informationAn Educational Guide. MassMutual s State of the American Mom
An Educational Guide MassMutual s State of the American Mom The majority of household financial decisions are made by moms, and with over 85 million in the United States,* this group of women can be very
More informationAGENDA ITEM 12. Action requested:
AGENDA ITEM 12. SUMMARY OF: INCREASING COLLEGE ACCESS OR JUST INCREASING DEBT? A DISCUSSION ABOUT RAISING STUDENT LOAN LIMITS AND THE IMPACT ON ILLINOIS STUDENTS Submitted for: Summary: Information The
More informationJox College and University Colleges - An Inter- denominative Review
A Faculty Survey and Call to Reignite the Jesuit Social Justice Mission on Campus December 2015 "If the dignity of work is to be protected, then the basic rights of workers must be 1 Executive Summary
More informationAPPLICATION FORM OWATONNA HOSPITAL AUXILIARY HEALTH RELATED CAREER and DONALD SANFORD NURSING SCHOLARSHIPS ***Available to Steele County Residents***
APPLICATION FORM OWATONNA HOSPITAL AUXILIARY HEALTH RELATED CAREER and DONALD SANFORD NURSING SCHOLARSHIPS ***Available to Steele County Residents*** The Owatonna Hospital Auxiliary and Donald Sanford
More informationInvest in Education By Scott Niederjohn
By Scott Niederjohn Education as Human Capital Investment takes many forms. One form is the development of human capital the knowledge, skills, health, and values that individuals possess. People develop
More information2016 DollarWise Summer Youth Contest Final Quiz Study Guide
2016 DollarWise Summer Youth Contest Final Quiz Study Guide The DollarWise Summer Youth Contest Final Exam questions are designed to test your full knowledge of the information provided in the contest.
More informationThe College Scholarship Profile (CSS), Financial Aid PROFILE and Arizona Assurance
The College Scholarship Profile (CSS), Financial Aid PROFILE and Arizona Assurance Arezu Corella, Assistant Director Arizona Assurance Scholars Program Meghan McKenney, Senior Program Coordinator Office
More informationTestimony of Robert Geremia Teacher, Washington Teachers Union and American Federation of Teachers
Testimony of Robert Geremia Teacher, Washington Teachers Union and American Federation of Teachers Senate Committee of Banking, Housing, and Urban Affairs Financial Institutions and Consumer Protection
More informationMost discussions of student loans focus on the
January 2003 The Role of Student Loans in College Access Sandy Baum, Ph.D., Professor of Economics, Skidmore College Most discussions of student loans focus on the difficulties they generate for students.
More informationThe LearnVest Personal Finance Review
The LearnVest Personal Finance Review Financial Goals of 2015 The LearnVest Personal Finance Review examines and explores how people nationwide approach their money. 1 LearnVest is a program for your money.
More informationDegree Search High School Counselor Survey
Degree Search High School Counselor Survey University of Arizona Degree Search Website High School Counselor Survey Student Affairs Marketing February 13, 2013 University of Arizona Arizona Student Unions
More informationThe Impact Of Rising Student Debt On Alumni Engagement And Giving
The Impact Of Rising Student Debt On Alumni Engagement And Giving January 2015 Jonathan Sparling, American Student Assistance Agenda 2 1. National Trends 2. Institutional Data Insights 3. Suggestions for
More informationSeven Ways To Be An Informed Buyer To Beat The High Cost Of A College Education!
Seven Ways To Be An Informed Buyer To Beat The High Cost Of A College Education! As a parent, you love your child and you want them to be happy, successful and productive. You know that a college education
More informationMarch 2014. Betty Lochner Chair, College Savings Plans Network
MARCH 2014 AN EXCLUSIVE YEAR-END REVIEW OF 529 PLAN ACTIVITY March 2014 The College Savings Plans Network (CSPN), a leading non-biased and non-profit voice for Section 529 College Savings Plans, is pleased
More informationSTATE AGENCY VOCATIONAL SERVICES FOR PEOPLE WITH MENTAL HEALTH DISABILITIES IN MASSACHUSETTS
STATE AGENCY VOCATIONAL SERVICES FOR PEOPLE WITH MENTAL HEALTH DISABILITIES IN MASSACHUSETTS Prepared by the Mental Health Legal Advisors Committee July 2012 A number of Massachusetts state agencies provide
More informationSEPTEMBER 2014 AN EXCLUSIVE MID-YEAR REVIEW OF 529 PLAN ACTIVITY
SEPTEMBER 2014 AN EXCLUSIVE MID-YEAR REVIEW OF 529 PLAN ACTIVITY September 2014 Education is the key to unlocking the door to opportunity. Throughout the past several years, new research continues to provide
More informationSuccess: An Educational Toolkit for Philadelphia Foster Youth
For the LOVE of Success: An Educational Toolkit for Philadelphia Foster Youth Table of Contents About this Toolkit Page 2 Section 1: Getting to Know You Basic Information Page 3 Interests and Activities
More informationA cost-benefit analysis of accounting undergraduate education
A cost-benefit analysis of accounting undergraduate education ABSTRACT Robert Schadrie St. Norbert College Matthew Van Lanen St. Norbert College Amy Vandenberg St. Norbert College Jason Haen St. Norbert
More informationTop 5 Mistakes Parents Make Saving for Their Child s Education
Top 5 Mistakes Parents Make Saving for Their Child s Education The BMO Institute provides insights and strategies around wealth planning and financial decisions to better prepare you for a confident financial
More informationEnrollment Guide. November 1- May 31 Year-round enrollment for newborns 2014-2015 ENROLLMENT YEAR ANNUAL ENROLLMENT PERIOD
ANNUAL ENROLLMENT PERIOD November 1- May 31 Year-round enrollment for newborns Enrollment Guide 2014-2015 ENROLLMENT YEAR Washington State s 529 Prepaid College Tuition Program Take the first step Save
More informationSTUDENT DEBT MYTHS AND FACTS Second Edition
STUDENT DEBT MYTHS AND FACTS Second Edition April 2014 The Issue Student loan debt is now approximately $1 trillion, and the delinquency rate for student loans has increased to 10 percent. Critics are
More informationSTUDENT HIGHER EDUCATION LOANS AND GRANTS 2012/13
STUDENT HIGHER EDUCATION LOANS AND GRANTS 2012/13 Below are the main points covering student loans and grants for 2012/13 If you have any further questions call one of our Higher Education experts on 01708
More informationSAVING FOR COLLEGE: THE WHY, WHEN, AND HOW A GUIDE OF COLLEGE SAVINGS PRODUCTS FOR TEXANS
SAVING FOR COLLEGE: THE WHY, WHEN, AND HOW A GUIDE OF COLLEGE SAVINGS PRODUCTS FOR TEXANS about the author About RAISE Texas RAISE Texas is a statewide network of non-profit organizations, for-profit corporations,
More informationCollege: The Next Step High School Students
College: The Next Step High School Students College: The Next Step High School Students For the past several years, you ve probably been focused on the goal of finishing high school. Now that your goal
More information7TH ANNUAL COLLEGE SAVINGS INDICATOR EXECUTIVE SUMMARY OF KEY FINDINGS
7TH ANNUAL COLLEGE SAVINGS INDICATOR EXECUTIVE SUMMARY OF KEY FINDINGS INTRODUCTION This Executive Summary presents key findings from Fidelity Investments 7th Annual College Savings Indicator study. The
More informationEndorsements Frequently Asked Questions
Endorsements Frequently Asked Questions General 1. Does every student have to graduate with an endorsement? No. A student may opt to graduate Foundation High School Program only without an endorsement
More informationFinances and Debt Management
Finances and Debt Management Quick Summary by Age for Finances and Debt Management 15-19 20-24 25-29 30-33 - Not very concerned with money at this point. Most are still living at home, supported by their
More informationPlanning for Education Beyond High School, A Survey of Illinois Parents of Sixth Graders
Planning for Education Beyond High School, A Survey of Illinois Parents of Sixth Graders In 1986, the Illinois Student Assistance Commission (ISAC) completed one of the first studies in the nation which
More informationTABLE OF CONTENTS. P a g e 1
P a g e 1 TABLE OF CONTENTS WHAT IS DUAL CREDIT?... 2 DEFINITION... 2 ILLINOIS LEGISLATION... 2 FEDERAL GUIDELINES... 2 WHAT ARE THE BENEFITS OF DUAL CREDIT?... 3 LIST OF BENEFITS... 3 COMPARING DUAL CREDIT
More informationStudents will devise a savings plan for college.
Lesson Description Students will analyze data to determine the relationship between level of educational attainment and weekly earnings and the relationship between level of educational attainment and
More informationAnd as their needs changed over the years, so has PHEAA in order to best meet those needs regardless of the challenges.
2015 House Appropriations Hearing PHEAA Testimony - Submitted James Preston President & CEO March 12, 2015 Mr. Chairman, members of the Committee and staff - on behalf of our Board of Directors, our nearly
More informationDebt Freedom Plan. John and Mary Sample
Debt Freedom Plan For August 1, 2015 Prepared by Money Tree Software 2430 NW Professional Dr. Corvallis, OR 97330 541.754.3701 Cover page text, cover page logo, and report headers are customizable. This
More informationWisconsin's Great Cost Shift
Dēmos Wisconsin's Great Cost Shift HOW HIGHER EDUCATION CUTS UNDERMINE THE STATE'S FUTURE MIDDLE CLASS I n today s economy, a college education is essential for getting a good job and entering the middle
More informationThe Business Major: The Logical Choice for Practical People
The Business Major: The Logical Choice for Practical People Business is about making decisions. Successful business people use a logical thought process to weigh the advantages and disadvantages of an
More informationCOLLEGE ILLINOIS! 529 PREPAID TUITION PROGRAM. Enrollment Kit 2015-2016. Enroll Now at collegeillinois.org
COLLEGE ILLINOIS! 529 PREPAID TUITION PROGRAM Enrollment Kit 2015-2016 Enroll Now at collegeillinois.org WHAT IS A 529 PLAN? THE COLLEGE ILLINOIS! 529 PREPAID TUITION PROGRAM More than 30,000 students
More informationChapter 1 Personal Financial Planning The Money Plan
Chapter 1 Personal Financial Planning The Money Plan Q: I am a high school student. I do not have money for investments or buying property. So what difference does it make how I spend my money now? A:
More informationTHE GOAL OF INFORMED INDEX.
1 Table of Contents About This Study Introduction About the Participants Summary: Key Findings Detailed Findings Real-World Advice from Current College Students, Parents of College Students, and Former
More informationBasic 12 for Middle School Workshop 1: Why is college a realistic goal for you?
Basic 12 for Middle School Workshop 1: Why is college a realistic goal for you? Description: The workshop introduces students to the concept that all students should be thinking about going to college
More informationAnalysis Brief. Trends in Public Higher Education: Enrollment, Prices, Student Aid, Revenues, and Expenditures
Analysis Brief Trends in Higher Education Series Trends in Public Higher Education: Enrollment, Prices, Student Aid, Revenues, and Expenditures Sandy Baum Senior Fellow, George Washington University Graduate
More informationSelection of Student Loans and College Performance
Selection of and College Performance Maximilian Schmeiser 1 Christiana Stoddard 2 Carly Urban 2 1 Federal Reserve Board 2 Department of Agricultural Economics and Economics Montana State University Cherry
More informationPAGE EDUCATION FOUNDATION P A G E G R A N T APPLICATION 2015-2016. P.O. Box 581254, Minneapolis, MN 55458 www.page-ed.org
PAGE EDUCATION FOUNDATION P A G E G R A N T APPLICATION 2015-2016 P.O. Box 581254, Minneapolis, MN 55458 PAGE EDUCATION FOUNDATION 2015-2016 Page Grant Application Information HISTORY: A young person s
More informationYour Student s Educational Journey To College
Your Student s Educational Journey To College Definition of College The word college is generic term that applies to: 2 year colleges & universities 4 year colleges & universities Technical or trade schools
More informationSeptember 2013. Hon. Michael L. Fitzgerald Chair, College Savings Plans Network & State Treasurer of Iowa
SEPTEMBER 2013 AN EXCLUSIVE MID-YEAR REVIEW OF 529 PLAN ACTIVITY September 2013 The College Savings Plans Network (CSPN), a leading objective and non-profit voice for Section 529 College Savings Plans,
More informationThinking of Applying to Graduate School in Environmental Science?
Thinking of Applying to Graduate School in Environmental Science? In many environmental science fields obtaining a graduate degree will increase your range of employment options or improve your earnings.
More informationTACOMA HOUSING AUTHORITY
TACOMA HOUSING AUTHORITY CHILDREN s SAVINGS ACCOUNT for the CHILDREN of NEW SALISHAN, Tacoma, WA April 24, 2014 1. SUMMARY The Tacoma Housing Authority (THA) plans to offer individual development accounts
More informationWORKING THEIR WAY THROUGH COLLEGE: STUDENT EMPLOYMENT AND ITS IMPACT ON THE COLLEGE EXPERIENCE
Issue Brief May 2006 WORKING THEIR WAY THROUGH COLLEGE: STUDENT EMPLOYMENT AND ITS IMPACT ON THE COLLEGE EXPERIENCE During the 2003 04 academic year, 78 percent of undergraduates worked while they were
More informationWORKFORCE DEVELOPMENT
WORKFORCE DEVELOPMENT Creating Economic Opportunity through Pipeline Programs Commitment to providing access to jobs with family-sustaining wages, excellent benefits, and opportunities for advancement
More informationMapping Your Future Guide to Life after High School SM : Senior Year
Mapping Your Future Guide to Life after High School SM : Senior Year Get prepared for life after high school Some people know from an early age exactly what they want to be when they are adults and how
More informationStudent Loan Debt and Financial Wellness
Demonstrating Links Between Student Affairs Functions and Student Academic Progress Barbara Wharton Director Assessment Office Xueli Wang Research Assistant Patience Whitworth Program Coordinator Demonstrating
More informationPeel High School Students and Post-secondary School Opportunities. Peel Children and Youth Initiative April 2014
Peel High School Students and Post-secondary School Opportunities Peel Children and Youth Initiative April 2014 1 Introduction In 2012, PCYI published the findings from a mixed method study on improving
More informationCollege Planning for Parents of Middle School Students
College Planning for Parents of Middle School Students Precollege Programs oregonstate.edu/precollege Compiled by Dana Beck, Coordinator June 2009 Why should my child and I start planning for college
More informationTestimony before the Ohio Senate Finance Higher Education Subcommittee May 19, 2015. Dr. David T. Harrison, President Columbus State Community College
Testimony before the Ohio Senate Finance Higher Education Subcommittee May 19, 2015 Dr. David T. Harrison, President Columbus State Community College Chairman Gardner, Vice Chair Cafaro, and members of
More informationThe Economics Of Student Debt
! The Economics Of Student Debt Stafford Loan Interest Rates Are A Short-Term Problem Reflective of A Long-Term Tension As Congress returns from the Fourth of July recess, one of the first pieces of unfinished
More information25 Ways to Reduce the Cost of College
25 Ways to Reduce the Cost of College #1: Encourage More Students to Attend Community College Abstract The average cost of educating a person at a community college is markedly lower than that of four
More informationFAST F O R WA R D: AFFORDABILITY IN FOCUS
FAST F O R WA R D: AFFORDABILITY IN FOCUS MARCH 2016 1 FAST FORWARD: AFFORDABILITY IN FOCUS By Matt Berry, Ph.D. and Michael Kennedy Last year 55,000 Degrees partnered with KentuckianaWorks to release
More informationTips for parents on finding a college match
Parents Tips for parents on finding a college match How can your child find colleges that match his or her needs? First, identify priorities. Next, carefully research the characteristics of a range of
More informationStudent Debt: Bigger and Bigger. By Heather Boushey. September 2005
cepr Briefing Paper CENTER FOR ECONOMIC AND POLICY RESEARCH Student Debt: Bigger and Bigger By Heather Boushey September 2005 CENTER FOR ECONOMIC AND POLICY RESEARCH 1611 CONNECTICUT AVE., NW, SUITE 400
More informationPreparing for College Parent Meeting: Financial Aid. Decatur Middle School April 15, 2015
Preparing for College Parent Meeting: Financial Aid Decatur Middle School April 15, 2015 Agenda Welcome Objective Types of Financial Aid Where to Start Objective To inform parents of how funding postsecondary
More informationFinancial Solutions For Families
COLLEGE LITERACY ACADEMY A Family Guide On Paying For College Financial Solutions For Families Understanding How To Pay For College (Second Edition) Copyright 2010, 2011 By: Educational Literacy Center
More informationPublic Health and MPH Roadmap for PLME and Medical Students November 2007
Public Health and MPH Roadmap for PLME and Medical Students November 2007 Frequently Asked Questions Q. What are the benefits of getting an MPH? A. At Brown, the MPH program prepares students for careers
More informationSixty-seven theological schools share strategies for reducing student debt
Sixty-seven theological schools share strategies for reducing student debt By Jo Ann Deasy Rising tuition costs for students, shrinking sources of revenue for institutions, and lower salaries for clergy
More informationJanuary 31, 2014. Dear Mr. Reeves,
Richard Reeves National Center for Education Statistics Attention: Postsecondary Institution Ratings System RFI U.S. Department of Education 1990 K Street NW., 8th Floor Washington, DC 20006 Dear Mr. Reeves,
More informationTALKING POINTS HIGH SCHOOL STUDENTS PRESENTED BY JEAN CHATZKY AND PASS FROM AMERICAN EXPRESS SM
INTRODUCTION Give your kids a heads-up that tonight you re going to make some time to talk about money. It won t take all night, but they should finish their homework, tell their friends they re not available,
More informationADVICE FOR THE COLLEGE BOUND WATER POLO PLAYER by Dante Dettamanti Water Polo Coach Stanford University, 1977-2001
ADVICE FOR THE COLLEGE BOUND WATER POLO PLAYER by Dante Dettamanti Water Polo Coach Stanford University, 1977-2001 CHOOSING A COLLEGE IS ONE OF THE IMPORTANT DECISIONS THAT A STUDEN-ATHLETE WILL EVER MAKE.
More information5 Important Financial Milestones
5 Important Financial Milestones TO REACH IN YOUR 40s Plan Early, Review Often Your 20s were a time to explore career and financial investment tradeoffs vs. goals. Your 30s were a time to start planning
More informationThe. Path. Refinancing. www.totalmortgage.com October. totalmortgage.com 877-868-2503
The Path Refinancing totalmortgage.com 877-868-2503 www.totalmortgage.com October 1 2012 The Path Refinancing Over time, many things change and need adjustment, and the reality is your home financing is
More informationTRENDS IN MARITIME HIGHER EDUCATION
TRENDS IN MARITIME HIGHER EDUCATION Volume 12, Number 2 April 2015 Higher Education Expectations: The View from Grade 12 Highlights Over 5,000 grade 12 students across 175 Maritime high schools responded
More informationStudent Finances: Borrowing and Other Sources of Funding for Post-Secondary Studies Many students find it necessary to draw on more than one source of
DACSO Diploma, Associate Degree, & Certificate Student Outcomes Student Finances: orrowing and Other Sources of Funding for Post-Secondary Studies Many students find it necessary to draw on more than one
More informationWe can help you make the move. Office of Internal Transfer
We can help you make the move. Office of Internal Transfer Dear Students: Before I say anything about our office and what we can do for you, I want to first commend you on considering Mercyhurst Erie.
More informationUnit 5. Paying for College. Lesson Overview. Instructional Objectives. Time Required. Materials Required. Federal Reserve Bank of Dallas
Unit 5 Paying for College The cost of a post-secondary education should not be the barrier that prevents a student from achieving his or her career goal. This unit provides a broad overview of the financial
More informationHow Workforce Investment Boards Are Operating
How Workforce Investment Boards Are Operating Over the last couple of years, the National Association of Workforce Boards (NAWB) has undertaken a number of surveys and studies to determine how workforce
More informationGive Your Students An Education On How To Pay For One BRINGING SALT TO YOUR SCHOOL
Give Your Students An Education On How To Pay For One BRINGING SALT TO YOUR SCHOOL 1 A degree is an investment you make in yourself. (And probably the best one you ll ever make.) Percent Returns 20 15
More informationMoney and the Single Parent. Apprisen. 800.355.2227 www.apprisen.com
Money and the Single Parent Apprisen 800.355.2227 www.apprisen.com Money and the Single Parent Being a single parent is not easy. As a matter of fact, it is really hard. Single parents are stretched in
More informationTrade School Jackson MS
Trade School Jackson MS About Us Antonelli College has been a well-known member of the visual arts community in Cincinnati, Ohio, since 1947. Our mission is to empower individuals by providing quality,
More informationPresident s Report to the Board of Trustees. July 11, 2014
President s Report to the Board of Trustees July 11, 2014 Examining Six Major Issues Excellence Student Engagement Economic Development and Student Career Success Diversity and Demographics Access and
More informationFinancial aid myths and facts INHERIT THE THINKING OF J.P. MORGAN NOT FDIC INSURED, MAY LOSE VALUE, NOT BANK GUARANTEED
Financial aid myths and facts INHERIT THE THINKING OF J.P. MORGAN NOT FDIC INSURED, MAY LOSE VALUE, NOT BANK GUARANTEED How does financial aid work? Financial aid is designed to fill the gap between what
More informationRecruiting Teachers Using Student Financial Aid: Do Scholarship Repayment Programs Work?
Recruiting Teachers Using Student Financial Aid: Do Scholarship Repayment Programs Work? Student financial aid can be used as a tool to encourage interested participants to pursue a particular field of
More informationT. Rowe Price 7TH ANNUAL PARENTS, KIDS & MONEY SURVEY
T. Rowe Price 7TH ANNUAL PARENTS, KIDS & MONEY SURVEY Detailed Results / March 2015 Contents Family Financial Profile 3 Financial Knowledge 12 Parenting 17 Discussing Financial Matters 30 Habits & Priorities
More informationTax-Savvy Planning for College Expenses
3/31/14 Tax-Savvy Planning for College Expenses The American Opportunity Tax Credit Remains Available through 2017 If you are a parent with hopes of future college diplomas for your children, you are likely
More informationPaying For College Strategies
2014 Counselor Training Paying For College Strategies after all of the student s free money has been exhausted OASFAA is a non-profit organization OASFAA has provided the information today as a free service
More informationEDUCATION WITH A HOME STATE ADVANTAGE
CHET ADVISOR AN ADVISOR-SOLD PLAN MANAGED BY THE HARTFORD 529 College Savings Program Connecticut Higher Education Trust CHET Advisor is administered by the Treasurer of the State of Connecticut as the
More informationMONTGOMERY WOMAN S CLUB, INC. INSTRUCTIONS FOR UNDERGRADUATE GRANT APPLICATIONS
MONTGOMERY WOMAN S CLUB, INC. INSTRUCTIONS FOR UNDERGRADUATE GRANT APPLICATIONS 1. The Montgomery Woman s Club, Inc. (MWC) Undergraduate Grants will be awarded to undergraduate students at accredited institutions
More informationStudent Loan Information Provision and Academic Choices
Student Loan Information Provision and Academic Choices By Maximilian Schmeiser, Christiana Stoddard, and Carly Urban As the cost of pursuing post-secondary education in the United States has continued
More information