The R2C Takeaway Wk of 8/24
Here’s a summary of important articles from the past week that may give you more insight into the world of college life, admissions, financing, and parenting.
Passing On My Top Lessons to High School Freshmen
The R2C Takeaway: Assuming that Freshman year in high school is not all that important is a mistake; it is. Taking some advice from a student who’s already been there is also important, as she can remind you how quickly those four years of high school fly by, so learn how to balance the academics with the extra-curricular things, and you’re on your way to having a great year.
The R2C Takeaway: Once your children turn 18, they are considered adults in the eyes of the law and parental access to their lives can only be acquired with their child’s consent. (That includes high school students as well as college students.) Ask your young adult to sign a durable power of attorney and a health care proxy. We certainly hope they stay healthy, but these two documents can be incredibly valuable in case of an emergency when health care or money decisions may be needed.
The New Tool Colleges Are Using in Admissions Decisions: Big Data
The R2C Takeaway: In addition to using the traditional criteria to determine which students are worthy of attending their schools, colleges are now surreptitiously gathering social media data to help them to “identify the kinds of students who, experience has proven, are most likely to stick around.”
Borrowing For College Set to Hit 5-Year Low
The R2C Takeaway: The fact that college students this past fall likely borrowed the least amount for higher education in five years does not necessarily meant things are getting better, it means enrollment is declining and there was a drop in lending to students seeking to attend for-profit schools.
Clinton, O’Malley, Sanders and Student Loan Reform: What Should We Do?
The R2C Takeaway: Before you decide who you are going to support in the next presidential election, it would be a good idea to familiarize yourself with the candidates’ policies on issues that are important to you. All three of the major Democratic presidential contenders have released plans with their ideas on how to fix our student loan crisis. None of these plans are perfect; all have flaws, but the important thing is that they are bringing the issue to the forefront, and getting people to realize just how dire a situation it is.