See free MVCAP e-books on college admissions and financial aid for sharing, printing, and downloading at our online resource library: http://issuu.com/mvcap1. Average College Debt Rose 6 Percent to $24,000 in 2009, by Jacques Steinberg - http://thechoice.blogs.nytimes.com/2010/10/22/debt-3/
"Lauren Asher, president of the Institute for College Access & Success, the research and advocacy group that operates the debt project, provided a piece of advice worth passing on to readers of The Choice: “If you’re going to borrow, you should take out federal loans first, because federal student loans come with far more repayment options and borrower protections than other types of loans.”
2. So Far, So Good - Inside Higher Ed http://t.co/Yc68u2C
"Three and a half months after legislation took effect that ended the origination of student loans by banks, and several weeks into the first fall semester of the New World Order in student lending, even many who opposed what they saw as the Obama administration's heavy-handed push to kill the lender-based guaranteed student loan program acknowledge that the transition has gone smoothly. "They've done a good job," says John Dean, the longtime counsel to the Consumer Bankers Association, which fought the Obama proposal. "I'm not aware of a single student whose educational plan was disrupted because of the transition.... [Department officials] should be proud of what they did."
3. Recent US College Grad's Face Job Problems, by Andrew Sum - http://www.huffingtonpost.com/andrew-sum/the-labor-market-problems_b_768617.html
"Young college educated workers, particularly those 25 and under, however, have not fared very well over the past three years. They have experienced rising joblessness, underemployment, and malemployment problems (i.e., working in jobs that do not require a college degree). During the January-August period of 2010, we estimate that fewer than 50 of every 100 young B.A.-holders held a job requiring a college degree. The labor market difficulties of many young bachelor degree holders in the U.S. can best be seen in the types of jobs in which they were employed in the first eight months of the current calendar year. Of the 20 individual occupations employing the largest number of young, college graduates (25 and under), seven typically did not require any type of college degree to be employed. There were 175,000 young college graduates working as cashiers, retail clerks, and customer service representatives versus only 146,000 employed in all computer professional professions. . . ."
4. School Counselors Stretched at a Time When Needed Most, by Caralee Adams - http://t.co/rrX5uoM
"Although the American School Counselor Association recommends a 250-to-1 ratio of students to school counselors, the national average is actually 457 (2008-09 school year). Click here to see how the individual states stacks up. The reason for the gap in the association's recommendations and reality? A combination of financially strapped schools and lack of mandates for counselors, says Jill Cook, assistant director at ASCA . "They are not as a big of a priority," she says. "When the budget gets tight, that's where the cuts are made. "Proper staffing is even more important today as the job of the school counselor has expanded to serve all students, says Cook. Rather just helping those with discipline problems or those headed to college, as was the case 20 years ago, counselors today are expected to work with all students on academic, career, and social issues. The options are now more varied, too, helping students with the transition to community college, four-year institutions, or work...."
5. It Pays to Comparison Shop When It Comes to College, by Caralee Adams - http://t.co/IucUMst
"The takeaway for K-12: Guidance counselors should be aware of the variation in success rates at schools to help students make the best choices, says Schneider. "Students should be sent to schools with high graduation rates," he adds. "It really, truly matters. "In this research, two findings stand out. Attending a more selective school increases the student's payoff by an average of 6 percent to 11 percent. Among the public institutions, there was no big difference among those at the lowest level of selectivity. Second, public institutions have a consistent advantage over private not-for-profits at every level of selectivity. Any wage boost that students get from private colleges, on average, isn't enough to overcome the high cost of getting that degree, Schneider found. The findings are based on averages, and there was wide variation among schools at the same level."
6. Athletic fees are a large, and sometimes hidden, cost at colleges, by Daniel de Vise - http://t.co/p77a7JJ
"University leaders say that without the fee, they wouldn't be able to offer high-quality intercollegiate athletic programs. Schools with fewer students and deep-pocket donors have to charge correspondingly larger fees. "I have 4,800 students. If I raise [the fee] by one dollar, I get $4,800," said Kathy Worster, vice president for administration and finance at Longwood. School officials say they don't list individual fees on their Web sites out of concern for burying parents in minutiae. The schools generally report prices as a comprehensive fee - a single figure that represents everything a student should expect to pay. "What we're saying is, this is our total cost for our total experience," Worster said. Critics say parents might be surprised at how much of that cost goes toward athletics."
7. The Myth of the R.O.T.C. Ban, by Diane H. Mazur - http://nyti.ms/9c5yqf
"The answer is that in all my research on the subject, I have found no universities that ban R.O.T.C., nor has the military initiated action against any institution for banning the program. We have grown accustomed to saying there are bans only because it fits with the assumption that certain colleges are unfriendly to the military. It is true that many Ivy League colleges do not have R.O.T.C. detachments today. Forty years ago, the military started to close detachments in the Northeast and establish programs in the West and South."
8. Read The Joe Rottenborn Daily ▸ http://paper.li/rottenbornj
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