How to Avoid the High Cost of College
How to Get Accepted
1Have this slide set up at the beginning of the presentationIntroduction:Introduce yourself. Give a bit of biographical information. Introduce your company.Give reasons why youre teaching this class. Edify yourself a bit.Go over the handout material-page per page. Please use the handouts that weve provided on your CD. Reason: its quick, its easy, you dont have to re-create the wheel. Plus, the evaluation form is what you want-ours has worked well for capturing all of the required info.Give people ground rulesno dumb questions, stop me if I go too fast, use too many acronyms, etc. My biggest concern-too much ground to cover in 1.5 hours. Ask folks to turn off cell phones.
College is ExpensiveThe average public university costs:$14,640 per yearThe average private university costs:$34,295 per yearThe average elite private university costs:$55,000+ per year
So, lets do our homework!
2I always tell people that they know that college is expensivebut do they realize the magnitude?These costs are YEARLY.
They are the TOP LINE costs of education, and not necessarily what theyll have to pay if they get aid.
Some colleges like to make the parallel between buying a car and purchasing a year of college-I think this is a fairly good analogy. Families need to be prepared to spend anywhere between 10k-45k/year to fund their students education. Just as most consumers wont pay the full MSRP, so will families try to pay less for college through financial aid.
Costs are going up; national average 6% increase/yr for private schools, 10% increase for public.Harvard cost $3400 in 1975. Its now more than $50,000!Question: Is your compensation or investment for college keeping pace?
Also, these figures are not true necessarily here in Texas: ie., deregulation of state tuition system has caused higher than normal jumps in college costs at the state university system this past year.
Local College CostsUCLA$34,976CSUF$24,732UC Irvine$33,718USC$61,598Pepperdine$55,540Biola University$47,533Loyola Marymount$58,559Stanford$61,988University of Redlands$54,568Chapman$56,403
39% of all college students graduate in 4 years. 1: Newsweek, How to get into College, 2004
3We saw the nationwide costs on the first slide: Public university: 14K+Private: 30K+Elite: 40K+
Here are some of the updated, YEARLY TOP-LINE costs of Universities here in Texas.
How about Howard Payne vs. UT? The privates cost is less expense?! (and thats before aid)
How about the statistic from Newsweek that said that only 1 out of every 4 students will graduate from college in 4 years? What does this mean? You might have to multiply Texas A&Ms cost by 5 years (6 years?!!!) instead of 4.
Is the new SAT format significant?What about the ACT? How should I prepare?
Standardized Tests-the ACT and SAT
4In March 2005 the SAT made one of the most significant changes to the test since the early 1990s. It added the writing section-what does that mean for students?
Actually, the colleges demanded the change-they want PROCTORED writing samples. Essays have increasingly been groomed so the colleges want a true assessment of how well a student writes.
ACT has followed suit with an optional writing section.
The real question is how the colleges will treat the new exam! (see next slide)
Why does testing matter?Standardized TestingExtracurricular
Transcript = 8,000 hrs.
Extracurricular= 1,000 hrs.
Standardized Testing = 10 hrs.
OK, whats next?Ive studied, taken a test and got a score.
You need to look at the universities themselves, and choose them wisely.
Selecting the Right University
Academic Programs- Will the course of study provide the required academic experience? Capstone, learning communities, study abroad, service learning, research/creative projects, internships? Major Does it college offer my major and or minor?Location is the location of this college satisfactory to your students needs?Size - is the size of this college satisfactory? Do I prefer a small, medium or large campus?
7So, if the costs of college are so high, the Id submit to you that choosing the correct school is a fairly vital step in the process. Theyre not all created equally, are they?
Please look in your handout, theres a copy of this list. (You can probably hardly see this one on the screen)
2500 colleges in AmericaYou need to apply to 6-10 of them.Here are 25 or so criteria that all parents and students need to look at.This list is by no means complete. Can you find some that are missing?Go through several of the factors, but not all of them.
I usually ask people (while theyre circling their top 5) some of the ones that theyd choose. I usually get:-academic programming-cost/financial aid-Job placement-class size
Which ones are the most important?Have the parents and students do a quick 1 minute drillwhich ones are your top 5?When done-parents-are your lists the same as your students?Probably not.How many people put safety down? (just a few) OK-the point is that even those that dont make your top 5 list are still VERY important.
Now, how many of you like David Letterman? Ive got my own top 10 list on how colleges are chosen by both parents and students.
Selecting the Right UniversitySpecial Programs does this college have special programs or facilities that the student needs or must have (learning disabilities, special medical facilities, etc.)?Co-op Programs does this college have an academic co-op (study/work) program in the students major that can reduce your college costs and help the student achieve employment after graduation?Job Placement does this college have a Placement Office that places a high number of students in jobs prior to graduation?
Selecting the Right UniversityAttrition does this college have a high number of freshmen that graduate within five years?Student/Faculty Ratio does this college have a low student to faculty ratio to guarantee a more interactive classroom participation and personal faculty attention for the student?Tutoring does the college have a system to help a struggling students? Campus Setting is this college located in a desirable area or neighborhood?
Selecting the Right UniversityAlcohol/Drug Policy what is the policy and or the consequences if violated?Student Body Reputation does this colleges student body reputation fit the students personality?Diversity does the student mix at this college fit the students personality, or desire for cultural growth?Greek System does the role that fraternities and sororities play at this college fit the students needs?Housing is this colleges housing (and housing policy) satisfactory? Is internet and other connectivity readily available?
Selecting the Right UniversityWeather is this college located in a climate that is satisfactory to your needs?Cost What is the cost of attendance?Financial Aid awards, need and merit moneys, etc.Prestige - will the university fit the students or parents expectations? Accreditation Does the university or college have the proper certification? Can I transfer community college credits to this university, if needed?
Selecting the Right UniversityAthletic Program does this college have a sports program that meets the students needs (as an athlete or a spectator)?Talent Program does this college have a talent program that meets the students needs (theater, newspaper, debate team)?Religion does this college have a religious program that fits your needs? Safety does this colleges campus have adequate security and a good safety reputation?
Selecting the Right UniversityRetention and Persistence Do students vote with their feet after freshman year? How quickly is the education finished?Food is the on-campus food at this college satisfactory to your needs?Campus Personality liberal or conservative does it match students personality?Pre-requisites for freshman enrollment Will my student need to have additional academic preparation prior to enrollment?
How Students and Parents Pick Colleges:Boyfriend /GirlfriendAll of my friendsLocation, Location, LocationIts a party school, but dont tell my dadGood sports teamsMany other reasonsMoneyMoneyQuality of educationI went thereAny school within 2 hours drive of homePrestige
14Now, sometimes I see a less-than-rigorous approach to college selection.
This slide usually gets laughs!
What the Universities Want:High school grades and GPAClass rank SAT/ACT ScoresExtra-Curricular ActivitiesEthnicityDemonstrated Interest Special skills and abilities AthleticTalent EssaysLetters of Recommendation
15Now, weve looked at some factors that are important to parents and students when choosing colleges.Heres what the colleges are looking for in your student.
-Some colleges will look beyond just the GPA/Class Rank/SAT score. They want to see the strength of the students high school experience. For example: how many AP courses did your student take in relation to the number offered at the high school.
-Colleges will want to see that the SAT/class rank are correlated. For example, they may not be too impressed with a student that has a 1450 but is in the bottom half of the H.S. class. Conversely, a score of 1000 from a student ranked 10 out of 300 may raise questions as to the academic rigor of the high school education.
-ECAs are highly important. Some colleges look to fill seats with academically talented people who bring