Apparently, June 18 is National Splurge Day. I’m not sure what that means, but if you are going to splurge, get money back! Online shopping lets you find almost anything you want, from almost anywhere in the world, in a matter of minutes. Not only does online shopping save you hours of time and shot-glasses… [Read More]
Blog
Category: College Admissions and Costs
Paying for College: The Sweet Briar Conspiracy Theory
I’ve been writing a lot of about college finances, most recently for Belt, and most of the stories of trouble colleges follow a predictable combination of enrollment dropoff and financial shortfall. The announced closing of Sweet Briar College in early 2015 deviated from this. Enrollment was declining, but the financial position was okay. What was… [Read More]
Paying for college: free and low-cost SAT and ACT prep
College starts costing families money long before the acceptance letter arrives. SAT and ACT scores influence not only admission, but also financial aid: higher scores help students qualify for more types of financial aid. It is possible to spend a lot of money on test prep, but it is not necessary. There are a lot… [Read More]
Paying for College: For-Profit College Conundrums
The idea behind for-profit colleges is that they would deliver value to students through practical, career-focuses courses, scheduled at convenient times. They don’t have bells and whistles like student lounges, athletic facilities, or art museums. They also don’t support research faculty, nor do they offer the types of seminar classes that are so easy to… [Read More]
Paying for College: College and Credentialism
One of the many conundrums in labor economics is whether a college graduate has attained skills or acquired a credential. A diploma is just a piece of paper, albeit a pretty one; it is given only after a lot of hard work. But what does it mean? This is what we know: the paper may… [Read More]