The Takeaway Wk of 7/19

How-to-create-a-practical-MBA

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. 

 

How-to-create-a-practical-MBAHow My Son’s Year Between High School and College Paid Off
The R2C Takeaway: “Real life experience might not give you the answers but it forces you to ask, “why?” every day. Curiosity is the most powerful gift that any type of eduction can bestow upon a student.” A father shares his son’s story of taking a year off before going to college and how the time spent in internships sparked an intellectual curiosity that wasn’t there in high school.

The Fundamental Way That Universities Are An Illusion
The R2C Takeaway: The assumption by most people that colleges and universities are cohesive units that run like well-oiled machinery is false. There is often a disconnect between a college’s philosophy and what is actually going on in many of the classrooms. A lot of what has a direct impact on students depends upon the who is doing the teaching, not the administrating.

In Students’ Minds, Textbooks are Increasingly Optional Purchases
The R2C Takeaway: Students are less apt to purchase course material these days, and attempt to wait until the last minute to discern whether or not they’ll really need the books. The decline in the use of college textbooks is so obvious that college bookstores have begun to merely call themselves “college store.” To pick up the slack, print publishers are now turning to a new model called, “‘integrated learning system,'” in which students buy access to an online system that mixes reading materials, multimedia, and quiz and homework tools.

Student Loan Co-Signers Face a Tangled Path to a Release
The R2C Takeaway: While private student loan lenders claim to pave a path for co-signers to be released from their obligation after a certain amount of time, a recent report has found that over 90% of those co-signers are rejected. As the information regarding co-signer releases is often convoluted, borrowers and their co-signers should make sure they ask the right questions about the release rules before embarking on that course of action.

The Campus Visit Alternative
The R2C Takeaway: Colleges provide “virtual visits” to students who cannot visit in person but these tours are generally not thorough enough.  A substantial amount of valuable information about prospective schools can be found by checking the school website, individual departments, professor rosters, and course catalogs.

41 Stores With Student Discounts
The R2C Takeaway: One can never have too many discount opportunities, so when stores are offering them to students…jump on it! Make sure you check out the comments as some include more suggestions.

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