Recently, a writer I know was bemoaning a trite parenting-type story that she wrote. After all, she was an Ivy League graduate, shouldn’t she be doing something more with her skills than blogging about consumer products? Well, what should she be doing? We tend to define the successful payoff from a degree in terms of… [Read More]
Blog
Category: College Admissions and Costs
Movie review: Ivory Tower
Ivory Tower had a limited theatrical run this summer. I caught it the day it was in Chicago. The DVD and on-demand versions will be available later this month. The documentary raises a few interesting questions: what should college be, and how much should it cost? One key problem is that if the price is too high,… [Read More]
Hedge funds, fiduciary responsibility, and Yeshiva University
Most institutions of higher education have been hurt three ways by the financial crisis: endowment returns are down; donors have less money to give; and families need more financial assistance to cover tuition. Just about every college and university has been affected. But one college has had the misfortune of having financial fraud and poor… [Read More]
Paying for college: Cash flow
A friend recently asked me for advice on how to pay for graduate school. I realized during our conversation that a lot of people don’t understand the mechanics of the payment – hence, this post. Payment is different from financing, but it is a related subject. Financing is where the money comes from. Payment is… [Read More]
Paying for college: Why do parents have to pay, anyway?
Undergraduate financial aid is calculated based on parental income, with no regard for whether the parents are willing to pay. It doesn’t seem quite fair. People are legally emancipated from their parents at age 18, and younger in some instances. Parents are not expected to provide food and clothing to an 1-year-old, so why should… [Read More]
