College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

This bestseller has been completely updated to provide you with the answers that you need to find wonderful colleges and universities at more affordable prices. The second edition of The College Solution, which contains approximately 90% new material, is aimed at helping parents and teenagers become empowered consumers as they navigate through the college process. Billions of dollars are available to pay for college, but not everybody gets their share. It's not always the families with the brightest students or the parents who are struggling financially who receive the most money. The College Solution shares the secrets of how you can capture some of this money for your own family. The book provides advice on such topics as financial aid, merit scholarships, athletic scholarships, admission hooks, the important differences between colleges and universities, college rankings, the best student loans and the latest online tools to evaluate the generosity of schools. O’Shaughnessy presents an easy-to-use, proven road map for getting past the ratings, and finding the right schools at the right price. No other book offers this much practical guidance on choosing and paying for college now – and no other book will save you as much money!

1138695775
College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

This bestseller has been completely updated to provide you with the answers that you need to find wonderful colleges and universities at more affordable prices. The second edition of The College Solution, which contains approximately 90% new material, is aimed at helping parents and teenagers become empowered consumers as they navigate through the college process. Billions of dollars are available to pay for college, but not everybody gets their share. It's not always the families with the brightest students or the parents who are struggling financially who receive the most money. The College Solution shares the secrets of how you can capture some of this money for your own family. The book provides advice on such topics as financial aid, merit scholarships, athletic scholarships, admission hooks, the important differences between colleges and universities, college rankings, the best student loans and the latest online tools to evaluate the generosity of schools. O’Shaughnessy presents an easy-to-use, proven road map for getting past the ratings, and finding the right schools at the right price. No other book offers this much practical guidance on choosing and paying for college now – and no other book will save you as much money!

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College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

by Lynn O'Shaughnessy
College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

College Solution, The: A Guide for Everyone Looking for the Right School at the Right Price

by Lynn O'Shaughnessy

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Overview

This bestseller has been completely updated to provide you with the answers that you need to find wonderful colleges and universities at more affordable prices. The second edition of The College Solution, which contains approximately 90% new material, is aimed at helping parents and teenagers become empowered consumers as they navigate through the college process. Billions of dollars are available to pay for college, but not everybody gets their share. It's not always the families with the brightest students or the parents who are struggling financially who receive the most money. The College Solution shares the secrets of how you can capture some of this money for your own family. The book provides advice on such topics as financial aid, merit scholarships, athletic scholarships, admission hooks, the important differences between colleges and universities, college rankings, the best student loans and the latest online tools to evaluate the generosity of schools. O’Shaughnessy presents an easy-to-use, proven road map for getting past the ratings, and finding the right schools at the right price. No other book offers this much practical guidance on choosing and paying for college now – and no other book will save you as much money!


Product Details

ISBN-13: 9780132944694
Publisher: Pearson Education
Publication date: 04/23/2012
Sold by: Barnes & Noble
Format: eBook
Pages: 288
Sales rank: 972,188
File size: 1 MB
Age Range: 18 Years

About the Author

Lynn O’Shaughnessy is a nationally recognized higher-ed author, journalist, and speaker. She writes frequently about college issues for CBS MoneyWatch and for her own popular college blog at TheCollegeSolution.com.

 

Lynn has written or been interviewed about college for such media outlets as Money Magazine, Bloomberg Businessweek, The New York Times, Wall Street Journal, Los Angeles Times, Fox Business News, Huffington Post, Parade Magazine, CBS This Morning, USA Today, and US News & World Report. She is the consulting director of college planning, K-12, at the University of California, San Diego Extension. She also is a frequent speaker on how families can find and afford great schools. Lynn’s daughter is a recent college graduate and her son is a college sophomore. Lynn is a graduate of the University of Missouri’s School of Journalism.

 

Read an Excerpt

IntroductionIntroduction

A curious story appeared in The New York Times one day about the university that's the academic equivalent of the Yankees. The article captured the concerns of faculty, who worry that the teaching taking place at Harvard University isn't meeting the school's own vaunted standards. In fact, a professor lamented that some undergraduates, after spending four years at Harvard, don't know a single faculty member well enough to ask for a letter of recommendation.

Hmmm.

One student, who was interviewed, suggested that undergraduates ought to know that professors are too focused on research to put much effort into what happens in the classroom.

"You'd be stupid if you came to Harvard for the teaching," a Harvard senior and a Rhodes scholar told the Times reporter. "You go to a liberal arts college for teaching. You come to Harvard to be around some of the greatest minds on earth."

And he had more to say: "I think many people (at Harvard) spend a great deal of their time in large lecture classes, have little direct contact with professors, and are frustrated by poorly trained teaching fellows."

Concerned about the quality of Harvard's undergraduate education, a small group of the university's professors cranked out a report that advocated for institutional changes that would place greater value on teaching. Whatever happens, Harvard's institutional angst about what occurs in its classrooms is hardly going to dampen its star power among high school students. And that was true even before Harvard unveiled an incredibly generous financial aid policy that has dramatically cut costs for families who make even $180,000 per year.

So why have I begun this book by sharing something that should embarrass Harvard? Because the incident aptly illustrates one of the primary reasons why I wrote The College Solution: A Guide for Everyone Looking for the Right School at the Right Price. When many families begin their college search they assume that the Ivy League owns a monopoly on the nation's best schools. Unfortunately, the media perpetuates this nonsense. A ridiculous number of books on college are dedicated to cracking the Ivy League even though the only ivy that most kids are going to come into contact with will itch and require calamine lotion. A mere .2% of the nation's incoming college freshmen end up at the eight Ivy League schools.

What plenty of teenagers and their parents don't realize is that there are many, many schools scattered across the country that will provide an education as good as or superior to the one they'd receive at the most elite East Coast schools.

Rather than worship at the Ivy altar, The College Solution is dedicated to the 99.8% of students, who head off to the thousands of other colleges and universities in this country. It's about time that a book is dedicated to everybody else's kids—and there are millions of them out there. The book contains advice for teenagers who are blessed with the brilliance of theoretical physicist Stephen Hawking as well as all the typical kids who would fit in quite nicely at Lake Wobegon.

One of the book's overriding aims for this eclectic group of teenagers is this: helping them find the best academic matches possible, whether public or private, for the least amount of money. Parents and students, who use the book's road map, will discover that college costs can be far lower than they imagined and their college options are more plentiful than they ever would have believed.

Many families, for instance, assume that they can afford only an inexpensive school—perhaps the state university or community college that's nearby. The affluent, meanwhile, assume that they will have to pay full price for their children's education because their chances for any kind of assistance are laughable. Plenty of families, regardless of their net worth, believe that only the very brilliant or the athletically gifted can win scholarships.

All of those assumptions are wrong. College can be more affordable than you might think. "B" students can earn merit scholarships from plenty of colleges, and even families with six-figure incomes can position themselves to capture financial aid.

In fact, many families who use the book's strategies will be able to send their children off to expensive private schools for the same cost of a much cheaper in-state public school. Private colleges and universities today, according to the College Board, are discounting their tuition by an average of 33.5% for the students they want. Students who attend public universities, including prestigious flagship institutions, can also pay significantly less than the advertised sticker price. The average tuition discount for public schools, which cost less to begin with, is nearly 15%.

It's much easier to shrink the college tab once you appreciate that colleges and universities are now pricing bachelor's degrees in much the same way that airlines set their ticket prices. The passenger sitting next to you on the plane could have paid significantly more or less than you did for the identical ride. This same phenomenon is playing out on college and university campuses throughout the country.

The College Solution also urges parents and students to consider what is important in a college education. One of the chief aims of the book is to help students determine which schools are best for them and to encourage them to consider some overlooked academic gems. The book shows teenagers how to evaluate schools from research universities and community colleges to public and private liberal arts colleges.

Investigating schools, as you'll learn, should go far beyond noting what ranking a school got from U.S. News & World Report, which happens to rely on dubious methodology. When selecting schools, a student also needs to be comfortable with the academic departments where he or she will be spending a great deal of time. You want professors who will engage students with innovative teaching, not approach classes, particularly the introductory ones, as an opportunity to wash out kids by dispensing failing grades. You'll also discover how to find large universities that have worked hard to make their learning environments more intimate.

Most students will have only one shot at college, but too often they put about as much effort into finding the right academic matches as they would shopping for a new cell phone plan. Families often take shortcuts because they swallow the conventional wisdom that the higher education industry has pushed down their throats about what their options are. Your best defense against all this is to keep reading this book.

© Copyright Pearson Education. All rights reserved.

Table of Contents

Introduction    xiii

PART I  Shrinking the Cost of College

Chapter 1  Making College More Affordable    2

Chapter 2  Show Me the Money    4

Chapter 3  The Colleges with the Best Financial Aid    9

Chapter 4  Who Gets Financial Aid?    16

Chapter 5  Winning the Educational Lottery        21

Chapter 6  Calculating Your Expected Family Contribution    25

Chapter 7  A Revolutionary Calculator    28

Chapter 8  The Allure of Out-of-State Public Universities    33

Chapter 9  Looking Across State Lines for a Bargain    40

Chapter 10  Capturing Private Scholarships    44

Chapter 11  Will Saving for College Hurt Your Financial Aid Chances?    48

Chapter 12  Maximizing Financial Aid    53

Chapter 13  More Ways to Shrink the Cost of College    58

Chapter 14  Appealing the Verdict    62

Chapter 15  Getting Grandma to Help    67

PART II  Increasing Your Admission Chances

Chapter 16  Boosting Your Chances    72

Chapter 17  Finding the Right Match    74

Chapter 18  Ditching the Test    79

Chapter 19  Showing a College Some Love    85

Chapter 20  When Talent Is the Hook    89

Chapter 21  The Realities of Athletic Scholarships    91

Chapter 22  The Geographic Hook    99

Chapter 23  Why Being Rich Helps    104

Chapter 24  The Legacy Hook    107

Chapter 25  Playing the Gender Card    110

Chapter 26  Diversity Blueprint    113

Chapter 27  The Asian Student Dilemma    120

Part III  Knowing Your Academic Choices

Chapter 28  What’s the Difference Between a College and a University?    124

Chapter 29  The Ivy League Myth    127

Chapter 30  What Is a Research University?    132

Chapter 31  What University Professors Do    137

Chapter 32  The Beauty of Liberal Arts Colleges    141

Chapter 33  What Is a Medium-Sized University?    149

Chapter 34  Why Community Colleges Are Popular    153

Chapter 35  Nine Ways to Generate College Ideas    158

Part IV  Evaluating the Academics

Chapter 36  Are Students Really Learning?    162

Chapter 37  What’s Wrong with US News & World Report’s College Rankings    169

Chapter 38  The Right Way to Use College Rankings    175

Chapter 39  College Rankings: An Alternative     179

Chapter 40  The Hallmarks of a Student-Centered University    182

Chapter 41  Staying in College Too Long    186

Chapter 42  Grading Academic Departments    193

Chapter 43  Kicking the Tires    195

Part V  Admission Nuts and Bolts

Chapter 44  What You Need to Know About High School Counselors    202

Chapter 45  What You Need to Know About Independent College Counselors    209

Chapter 46  Knowing What to Do When    216

Chapter 47  Writing Your Way Into College    222

Chapter 48  Visiting College Campuses    226

Chapter 49  Acing the College Interview    230

Chapter 50  Transferring to a Different College    235

Chapter 51  Getting Credit for Your Work    240

Part VI  Borrowing for College

Chapter 52  The Best Student Loans    244

Chapter 53  Private College Loan Perils    248

 

Preface

Introduction

Introduction

A curious story appeared in The New York Times one day about the university that's the academic equivalent of the Yankees. The article captured the concerns of faculty, who worry that the teaching taking place at Harvard University isn't meeting the school's own vaunted standards. In fact, a professor lamented that some undergraduates, after spending four years at Harvard, don't know a single faculty member well enough to ask for a letter of recommendation.

Hmmm.

One student, who was interviewed, suggested that undergraduates ought to know that professors are too focused on research to put much effort into what happens in the classroom.

"You'd be stupid if you came to Harvard for the teaching," a Harvard senior and a Rhodes scholar told the Times reporter. "You go to a liberal arts college for teaching. You come to Harvard to be around some of the greatest minds on earth."

And he had more to say: "I think many people (at Harvard) spend a great deal of their time in large lecture classes, have little direct contact with professors, and are frustrated by poorly trained teaching fellows."

Concerned about the quality of Harvard's undergraduate education, a small group of the university's professors cranked out a report that advocated for institutional changes that would place greater value on teaching. Whatever happens, Harvard's institutional angst about what occurs in its classrooms is hardly going to dampen its star power among high school students. And that was true even before Harvard unveiled an incredibly generous financial aid policy that has dramatically cut costs for families who make even $180,000 per year.

So why have I begun this book by sharing something that should embarrass Harvard? Because the incident aptly illustrates one of the primary reasons why I wrote The College Solution: A Guide for Everyone Looking for the Right School at the Right Price. When many families begin their college search they assume that the Ivy League owns a monopoly on the nation's best schools. Unfortunately, the media perpetuates this nonsense. A ridiculous number of books on college are dedicated to cracking the Ivy League even though the only ivy that most kids are going to come into contact with will itch and require calamine lotion. A mere .2% of the nation's incoming college freshmen end up at the eight Ivy League schools.

What plenty of teenagers and their parents don't realize is that there are many, many schools scattered across the country that will provide an education as good as or superior to the one they'd receive at the most elite East Coast schools.

Rather than worship at the Ivy altar, The College Solution is dedicated to the 99.8% of students, who head off to the thousands of other colleges and universities in this country. It's about time that a book is dedicated to everybody else's kids—and there are millions of them out there. The book contains advice for teenagers who are blessed with the brilliance of theoretical physicist Stephen Hawking as well as all the typical kids who would fit in quite nicely at Lake Wobegon.

One of the book's overriding aims for this eclectic group of teenagers is this: helping them find the best academic matches possible, whether public or private, for the least amount of money. Parents and students, who use the book's road map, will discover that college costs can be far lower than they imagined and their college options are more plentiful than they ever would have believed.

Many families, for instance, assume that they can afford only an inexpensive school—perhaps the state university or community college that's nearby. The affluent, meanwhile, assume that they will have to pay full price for their children's education because their chances for any kind of assistance are laughable. Plenty of families, regardless of their net worth, believe that only the very brilliant or the athletically gifted can win scholarships.

All of those assumptions are wrong. College can be more affordable than you might think. "B" students can earn merit scholarships from plenty of colleges, and even families with six-figure incomes can position themselves to capture financial aid.

In fact, many families who use the book's strategies will be able to send their children off to expensive private schools for the same cost of a much cheaper in-state public school. Private colleges and universities today, according to the College Board, are discounting their tuition by an average of 33.5% for the students they want. Students who attend public universities, including prestigious flagship institutions, can also pay significantly less than the advertised sticker price. The average tuition discount for public schools, which cost less to begin with, is nearly 15%.

It's much easier to shrink the college tab once you appreciate that colleges and universities are now pricing bachelor's degrees in much the same way that airlines set their ticket prices. The passenger sitting next to you on the plane could have paid significantly more or less than you did for the identical ride. This same phenomenon is playing out on college and university campuses throughout the country.

The College Solution also urges parents and students to consider what is important in a college education. One of the chief aims of the book is to help students determine which schools are best for them and to encourage them to consider some overlooked academic gems. The book shows teenagers how to evaluate schools from research universities and community colleges to public and private liberal arts colleges.

Investigating schools, as you'll learn, should go far beyond noting what ranking a school got from U.S. News & World Report, which happens to rely on dubious methodology. When selecting schools, a student also needs to be comfortable with the academic departments where he or she will be spending a great deal of time. You want professors who will engage students with innovative teaching, not approach classes, particularly the introductory ones, as an opportunity to wash out kids by dispensing failing grades. You'll also discover how to find large universities that have worked hard to make their learning environments more intimate.

Most students will have only one shot at college, but too often they put about as much effort into finding the right academic matches as they would shopping for a new cell phone plan. Families often take shortcuts because they swallow the conventional wisdom that the higher education industry has pushed down their throats about what their options are. Your best defense against all this is to keep reading this book.

© Copyright Pearson Education. All rights reserved.

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