September 2016 Newsletter
Is Private Worth the Cost?
It’s September and Back to School Time for Everyone!
As a parent of a college bound student, the decision whether to pay more for one college education versus another is daunting.
This month’s Featured Find discusses results from a CAPSEE report which challenges the assumption that expensive private colleges will offer a better return on investment than less expensive public colleges:
“Graduates of public universities often do better in the job market, a new study finds.” Check out our Featured Find below to learn more.
This year’s seniors are facing the most changes we’ve ever seen to the college application process: The FAFSA will be available earlier, on October 1, and use income from 2 years prior (2015), the SAT was overhauled, plus we have the new Coalition App.
This month’s Senior Scoop discusses the Coalition App – it’s a new application that allows students to start building a college portfolio online as soon as they enter high school.
If you’re local in the Vancouver, WA area, register for our special fundraiser and college planning workshop at Helen Baller Elementary on September 28th.
We are supporting a local youth soccer team, the Washington Timbers FC B05 White 2, and presenting college financial planning essentials. Everyone is welcome.
We want to help you take your next step on the path to creating a clear college funding plan.
Sign up for an upcoming workshop or give me a call today.
Vancouver, WA 98683
Why Attending a Private College
Might Not Be Worth the High Cost
Graduates of public universities often do better in the job market, a new study finds.
In a finding that raises questions about the return on investment at many expensive private colleges, a recent study reports that graduates of most kinds of public colleges had better luck finding jobs, and were burdened with less student debt, than the graduates of similar private colleges.
The study looked at Class of 2008 college graduates and where they were as of 2012.
While private colleges often outperform on other measures, such as graduation rates, study author Judith Scott-Clayton an assistant professor at Teachers College, Columbia University, said her research showed that, “Bottom line, you can’t assume that private institutions are always automatically better just because they are private or expensive. It is important to ask questions about both graduation rates and post-college outcomes.”
How to Survive Paying for College Workshops & Webinars
Seating may be limited – Register to ensure your spot!
Most parents are not financially prepared to enter the most expensive time period of their lives: covering their child’s college education.
Our 1-hour workshops provide steps you can take right now to assure you understand the cost of attendance and how you can afford college without jeopardizing your retirement.
- How to Survive Paying for College – Webinar
September 22nd, 7 – 8pm
• How to Survive Paying for College – Workshop & Fundraiser
September 28th, 5:15 – 6:15pm
Helen Baller Elementary School, Library
1954 NE Garfield St., Camas, WA
Introducing the Coalition App
Seniors: You’ve heard of the Common App, but did you know there’s now an alternative?
It’s known as the Coalition App for Access, Affordability, and Success, and will be available for the first time in 2016.
It rewards students who think ahead in high school, and in fact, allows you to craft a profile as early as freshman year: an online “locker”.
Currently the Coalition houses more than 90 “members” (or public universities—a number that’s still climbing), 60 of which will be accepting these applications. Keep in mind, however, this means only about 10 percent of universities use the Coalition App, while the Common App casts a much wider net at a whopping 700.
About Westface College Planning
If you are a typical parent with college bound students, you’re probably overwhelmed by all the research necessary to help your sons and daughters make the right choices and prevent overpaying for their education.
You are not alone!
Get the facts. Educate yourself to potentially save tens of thousands of dollars on a single college education. Parents of more than one child heading to college in the next few years, can save even more.
At Westface College Planning, we work with families to help you plan for and navigate the “paying for college” process. We teach you how to minimize your out-of-pocket expenses, maximize financial aid eligibility, understand the best way to navigate through the college selection process and prioritize your sources of college funds to protect your life savings!
More information at WestfaceCollegePlanning.com.
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September 2016 – Issue #59