Tag Archives: Net Price Calculators

College Applications are Outta Control!

Kids binging on filling out college applications is not a pretty sight. Five new completely different essays each night after school, and when that gets old, then out comes the old “cut and paste” routine. Pretty soon a high school senior starts to think his own personal story is a work of fiction.

Exactly why this is happening has an easy answer…because they can!…thanks to the Common Application which is making it possible to crank out college applications in unprecedented numbers.

Now the hard-to-swallow answer: Nobody is helping these high school seniors, as bright as they may be, to sort through their college application lists. So with no help, seniors are not taking any chances of getting shut out of college.

As long as Mom and Dad will allow their credit cards to get filled up with application charges (at $40-90 a pop!), then students will keep applying. With no counselor to help kids understand which schools they are most likely to be accepted by, and most importantly, to help families understand which schools they might be able to afford, the binge fest will continue.

In this video, I use about one minute more than my normal three, to go down those two critical roads: acceptance probability and family affordability. Please watch to see if I nail it. Please give me comments here or email me at TheCollegeMoneyMom@gmail.com.

College Applications Runneth Over!
College Applications need to be pared down. Watch my video!

Net Price Calculators Require Patience

Just when you thought getting college financial aid information was going to be a snap, it isn’t.

Getting that piece of information about grants in order to use my “Bucket Method” of comparing college affordability is, admittedly, a bit of a challenge. The unlovely Net Price Calculators now installed by law on the websites of most every college in the U.S. are, in some cases, a display of resistance and neglect by the host entities. On one hand, I am somewhat heartened by the efforts of the College Board to standardize the format of data entry and display of this online college financial aid tool. On the other hand, I am saddened by the efforts by other third party NPC providers to use clever marketing to hoodwink prospective students into making poor choices and falling headlong into giant craters of debt. Watch this video and become your own financial aid “detective”.