College Pete

Financial Aid Budgets Tighten!

Financial Aid Budgets Tighten!

It should be more difficult to get financial aid in 2011-12, according to an article from yesterday’s US News & World Report. Colleges have seen their asset portfolios decline in recent years, putting the pinch on financial aid and other university budgets. And the Obama Administration has eliminated the Academic Competitiveness Grant (ACG), a small […]

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I’m on Chicago Radio Sunday, January 30

I’m on Chicago Radio Sunday, January 30

Tune In on Sunday, January 30 as Ken Schreiber, midday host of Chicago’s 560 am, and I cut through the Washington jargon and get right to the heart of the ‘Cut Waste v Invest’ Debate and its Impact on the future of College Funding! Dear Neighbor, Not sure if you caught the annual State of […]

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Graduation Rates Are Essential

Graduation Rates Are Essential

When selecting a college, it is critical to know the school’s graduation rate.  These are measured in 4-, 5-, and 6-year rates of graduation.  The benchmark is 6 years, believe it or not (that’s a lot of fraternity parties!), but of course you’ll want to know the 4-year rate as well.  The longer your child […]

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Avoiding Financial Aid Scams

Avoiding Financial Aid Scams

I want to switch gears for a second to issue a very serious warning about bogus financial aid services.  When it gets ‘down-to-the-wire’ for paying the college bill,  many students and their families will fall prey to ‘private’ scholarship scams.  It happens every year – In fact, the Federal Trade Commission estimates that parents lose more than […]

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California To Slash Education Budget

California To Slash Education Budget

Newly elected California Governor Jerry Brown has proposed a $1.4 billion cut in funding for public higher education in that state. This draconian measure is part of an effort to address a $28 billion budget shortfall. The University of California system would face a $500 million reduction, severely affecting resources at what is considered one […]

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SPECIAL REPORT – Admissions 2011

SPECIAL REPORT – Admissions 2011

Now that the Class of 2015’s college applications are in, it’s time to give you the run-down on what has become a multi-year, highly commoditized and stressful process.  Especially for the parents.    As one Dean of Admissions at a top college told Jill (my office manager and better half) at a dinner the other night, “It’s […]

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