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College Degree Is Worth $ 2.1 Million In Future Income
"And once earned, a college degree is forever, as the payoff from higher education can never be erased, broken, or laid off."
It was estimated by the US Census Bureau that a bachelor degree holder earns approximately $2.1 million over 40 years...
College Loans: How Much Do You Really Need?
Many students are leaving high school to begin the long endeavor of college. But before YOU go to college, you may find yourself wondering how you're going to pay for it. The answer is with a college loan. Most college students obtain student loans,...
Paying for your Child's College Education
This is probably the most intensive short-term cash drain on any family's finances. Unlike most other big- ticket items, such as homes or automobiles, that can be paid off in monthly installments, college tuition must be paid out over a relatively...
Reduce College Debt with Scholarships
Six Scholarship judges were sitting around an oval table. Forms were piled into 50 boxes. Each one had the name of a state. I looked at the boxes and wondered why some of them were overflowing and others had just a few. This was the first round of...
Tips To Consider For Your College Search
There are a number of points that you will want to consider when you start your college search. More than anything, this will at least help cut down the number of options that you have after performing a college search. It doesn't matter if you are...
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Getting Into College Is No Longer A Numbers Game!
Sending your kids to college has never been more difficult or more expensive, and outstanding grades no longer guarantee admission! Student competition is at an all-time high and families now face the toughest admissions committees in history, soaring tuition costs, and a financial aid system designed to eliminate all but the most knowledgeable and persistent applicants.
America is knee deep in an unsung higher education crisis that is affecting families from all walks of life. Most high school parents are not skilled in college admissions, and the vast majority of those braving the financial aid process without professional help fall victim to a system plagued by complication and confusion. According to the Dept. of Education, the overwhelming majority of those applying for financial aid are initially rejected for errors and inconsistencies! Adding to the problem is rampant misinformation, even from so-called reliable sources.
Yet, despite these obstacles, and contrary to what most college-bound families believe, regardless of financial resources, paying for college is not your main concern! Getting accepted to college is the number one priority! All of the financial aid available is useless without an admission ticket!
To ensure a student’s college education, planning must begin early - no later than the 9th grade! This may seem premature, but starting any later could be higher education suicide! The student must be made presentable to the schools, and that cannot be done overnight. It takes lots of planning, patience, and most importantly, the student must be motivated to succeed.
Year after year, there are far more qualified applicants than all of our colleges and universities have room for. In school year 2001-2002, Princeton University received approximately 19,000 applications, but only had enough space for 1,200 freshmen. They rejected 18,000 students! The University of Florida for college year 2002-2003, received approximately 24,000
applications, but only had room for 6,500! They turned away over 17,000 students! In both cases, the majority of the rejected students were qualified applicants!
It is unlawful and would put a shameful stain on our Constitution, if any school were to deny admittance based on color, religion, national origin or race. In order to legally and morally throw an application in the waste basket, the schools must look elsewhere for any reason to reject an applicant. Thus, the only way to say no to a qualified applicant is to deem the student unacceptable.
For example, a student with a 3.5 GPA, 1875 SAT I, 28 ACT and 200 community service hours, would be unacceptable to Harvard, but would be qualified at the University of Miami or Ohio State – but not necessarily acceptable to either school. There is a huge difference between being qualified and being acceptable, and knowing the difference makes the difference.
The days when college admissions was simply a numbers game are long gone. Knowing how to present a student significantly increases their chances of being accepted at the college of their choice. This all-important edge (where it initially counts the most), has become an integral part of today’s highly competitive college admissions process.
This is one of a series of articles by college admissions and financial aid expert, Reecy Aresty, based on his book, “Getting Into College And Paying For It!” For further information or to contact him, please visit www.thecollegebook.com.
About the Author
For almost three decades, financial advisor Reecy Aresty has helped thousands of families protect their assets, increase their wealth, and reduce their taxes. His book, “Getting Into College And Paying For It,” reveals what colleges don’t want their applicants to know! Filled with trade secrets and insider information, it is guaranteed to give students the all-important edge in admissions, and parents countless legal ways to reduce the cost.
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