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And Forbes’ Top American School Are…

by Suada Kolovic

High school seniors, do you know where you want to spend the next four years? Sure, it may still be summer and you’re nowhere near crunch time when it comes to making that decision, but go ahead and get a head start and check out some of the top schools in the country, according to Forbes Magazine.

Every year Forbes puts together a list of the best undergraduate institutions in the country, focusing on areas that matter most to students: quality of teaching, great career prospects, graduation rates and low levels of debt. Here’s the numerical breakdown: Post-Graduate Success (30%), which evaluates alumni pay and prominence; Student Satisfaction (27.5%), which includes professor evaluations and freshman to sophomore year retention rates; Debt (17.5%), which penalizes schools for high student debt loads and default rates; and Four Year Graduation Rate (17.5%) and Competitive Awards (7.5%), which rewards schools whose students win prestigious scholarships and fellowships like the Rhodes and the Fulbright. Here are the top 10:

  1. Williams College
  2. Princeton University
  3. United States Military Academy
  4. Amherst College
  5. Stanford University
  6. Harvard University
  7. Haverford College
  8. University of Chicago
  9. Massachusetts Institute of Technology
  10. United States Air Force Academy

For the second year in a row, Williams College has been named as the best undergraduate institution in America. And with total annual costs adding up to nearly $55,000, it’s certainly not cheap but the 2,000 undergraduates here have among the highest four-year graduation rates in the country, win loads of prestigious national awards like Rhodes and Marshall Scholarships, and are often rewarded with high-paying careers. Does this information have you rethinking where you’ll apply?


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Amazon Launches Digital-Textbook Rental Service

by Suada Kolovic

Broke college students across the country have reason to rejoice: Amazon has unveiled an e-textbook-rental program which has the potential to save students up to 80 percent on textbooks!

The program will provide students with the opportunity to download temporary copies of textbooks from Amazon’s website for reading on a Kindle e-book reader, computer, tablet or smartphone running free Kindle software. The system allows customers to specify rental periods lasting anywhere from a month to a year. Students will have the option to purchase the e-book during or after a rental period, or extend a rental period in daily increments. Still not sold? Let’s use a real-life example: Intermediate Accounting retails at $197 in print and $109 as an e-book but with Amazon’s program, a student can rent the e-book for three months at the low price of $57!

And what about the students who scribble notes in the margins and saturate textbooks with fluorescent ink? Well, Amazon’s got that covered, too! Not only can students highlight and take notes in their digital textbooks but they’ll be able to refer to any margin notes and highlights made after the rental period is over. And with the cost of traditional print textbooks ranging in the thousands over the course of a college career, odds are rental programs like these will undoubtedly take off.


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Scholarships.com’s Resolve to Evolve Scholarship is Back!

by Suada Kolovic

It’s that time of year again when Scholarships.com relaunches our Resolve to Evolve Scholarship. This isn’t your typical essay scholarship: The R2E (as we like to call it) is about providing students with the opportunity to move beyond finger-pointing and offer constructive criticism and workable solutions for problems facing an administration or an organization. Essays must be written in response to one of two questions; this year, they focus on the possible detrimental effects of technology on the masses and whether or not a college degree has value.

This scholarship is open to all United States citizens who are registered users of Scholarships.com, will be enrolled in high school (grades 9 through 12) during the 2011-2012 school year and will be between the ages of 13 and 19 at the time the award is given. The applicant who submits the best overall essay will receive a $2,000 scholarship. One (1) winner will also be selected from each grade level (freshman, sophomore, junior, senior) and will receive a $1,000 scholarship each.

The deadline for entries is August 15, 2011. Winners will be notified in late September and announced mid-October. For more information on this scholarship and other scholarship opportunities, conduct a free scholarship search today!


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Seven Tips for Repaying Your Student Loans

by Suada Kolovic

If you’re a recent college graduate, chances are you’ll have to start paying off your student loans sooner than you think. And even with the economy in a slump, don’t expect a free pass on not paying your loans. Are you starting to panic? Well, don’t! There’s a ton of advice out there to help students stay on track and courtesy of the U.S. News and World Report, here are seven tips for repaying your student loans.

  • Repay you student loans automatically. Make things easier on yourself by setting up automatic withdrawals from your bank account. This reduces the chance of late or missing payments.
  • Aim for 10 years. The traditional repayment period for student loans is 10 years and ideally you'll be able to pay off all your debt within that time period. If you end up struggling with your monthly payments, however, you could stretch out your loans to 20 or even 30 years. Your monthly payments will become more manageable but you will end up paying a lot more in interest.
  • Stay organized. Having multiple student loans can be a challenge to keep track of but with the government's National Student Loan Data System, you’ll be able to track all your federal student loans in one place.
  • Pay off the loans with the highest interest rates first. A high interest rate costs you every month and compounds that amount you owe every month you aren’t paying off the entire balance.
  • Consider IBR. The IBR is a federal Income-Based Repayment program that allows a borrower to repay his or her federal loans based on what is affordable and not what is owed.
  • Keep abreast of student loan developments. Staying informed is just as important as making your payments. Familiarize yourself with websites that are devoted to college debt issues like Project on Student Debt and the National Consumer Law Center's Student Loan Borrower Assistance Project.
  • Contact the Federal Student Aid Ombudsman. Sometimes your relationship with a lender can go belly-up. If you end up in a dispute, the Federal Student Aid Ombudsman may be able to help resolve the issue.

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Student Resigns CU Diversity Post Over Blog Entries

by Suada Kolovic

For some, blogging provides an outlet for writers to share their personal insights of the world around them; for others, it’s a platform for venting their frustrations about the opposite sex…under the safety of a pseudonym, of course. For Matthew Cucchiaro, the University of Colorado Student Government diversity director, it was the latter.

The Daily Camera reports Cucchiaro originally posted the content in question under a pseudonym in 2009 and although he says the blog entitled, “Today’s Stupid Human Beings: Women,” was “clearly satirical,” he resigned from his position on March 4. His blogs came to light courtesy of an anonymous source who sent copies to the dean of students and CU Student Government’s vice president of external affairs, Allison Foley, said although Cucchiaro didn’t break any rules, he agreed to resign.

A week after resigning, Cucchiaro has since reposted the blog on women including one that said “women are not as smart as men” to stupidhumanbeings.com. Do you think it’s fair that Cucchiaro was penalized for writing something years ago? Did his reaction – reposting the blog – justify the school’s actions? This story is anything but uncommon lately what with the UCLA girl and the controversy surrounding the USC frat still trending weeks later. The moral of the story: think before you post.


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Deadline for Our Facebook Scholarship Approaching

by Suada Kolovic

With just over a week left to enter our “You Like Me…You Really Like Me” Facebook Scholarship, we wanted to remind our fans of a key piece of the judging criteria: The person who best describes how Scholarships.com is helping them prepare for and afford college will win the $1,000 prize. So, while we love hearing that you heart us, we’d much rather have you detail how, for example, our blog post on standardized testing helped prepare you for the dreaded SATs or how our College Prep section gave you a jumpstart on your college planning. Remember, the more you share, the better your chances are at winning.

If you’re new to Scholarships.com and unfamiliar with its contents, take a tour and check out everything we have to offer. Our site is teeming with info – from figuring out the puzzle that is the FAFSA and strategies for winning scholarships to living with a roommate and preparing for an internship – so if you like us (really like us), tell us why. Just be sure to do it soon: The deadline to “like” and leave your thoughtful comment is March 31st. For more details, check out our Facebook page. Good luck!


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Robbed Victim Posts Video of Laptop Thief on YouTube

by Suada Kolovic

Getting a computer stolen could be a nightmare for a college student but for one tech-savvy Bentley University freshman, it became a viral dream come true.

Mark Bao discovered his MacBook Air had been stolen but was still able to access several of his hard drives and Web-Browsing history via an online backup service. What did he find? A thief with dance fever. In addition to several pictures of the thief, Mr. Bao found recordings of him dancing, which Mr. Bao took full advantage of and posted on YouTube that same night. “I thought it was hilarious,” Mr. Bao said of the evidence. “I couldn’t believe he didn’t reformat the hard drive or cover up his tracks. It was in plain sight.”

After getting a well-deserved chuckle at the expense of his robber, Mr. Bao notified Bentley’s campus police department and early Tuesday morning, the laptop was turned in to the campus police station. Though the alleged thief emailed Mr. Bao to apologize and requested that the video,“Don’t steal computers belonging to people who know how to use computers,” be taken down, he didn’t oblige. Mr. Bao says he doesn’t plan to press charges and intends to sell the stolen laptop – since he replaced his – and donate the proceeds to support the relief efforts in Japan. Do you think the thief had what was coming to him? Should Mr. Bao take the video down now that his laptop has been returned? Let us know what you think.


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Which Colleges Are Worth the Sticker Price?

Colleges with the Highest Return on Your Investment

April 8, 2011

Which Colleges Are Worth the Sticker Price?

by Suada Kolovic

With all this talk about possible Pell Grant cuts, acceptance rates plummeting and universities facing serious tuition hikes – Arizona universities could face hikes of up to 22% – which schools are worth the outrageous sticker price of about $200,000? According to PayScale.com’s annual survey of colleges with the highest return on investment rates, the California Institute of Technology tops the list with a 12.2% annual return. PayScale’s data is pulled from 1.4 million pay reports from persons who obtained bachelors degrees in the last 20 years, for more on their methodology click here. Check out who made the cut below:


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Scholarship of the Week: Holocaust Remembrance Project

by Suada Kolovic

The Holocaust Remembrance Project is a national essay contest for high school students that is designed to encourage and promote the study of the Holocaust. Participation in this project encourages students to think responsibly, be aware of world conditions that undermine human dignity, and make decisions that promote the respect and value inherent in every person.

High school students across the United States are invited to incorporate the project into their study of the Holocaust and to use it as a means to personally react to the messages of the Holocaust. Scholarships and other prizes are awarded to students in first, second and third place categories.

First place winners participate in an all-expense-paid trip to South Florida to visit various Holocaust memorials and museums, and spend time with Holocaust surviviors and scholars of the Holocaust and human rights. In addition, scholarships of up to $5,000 will be awarded to the first-place winners. For more information on this scholarship and other scholarship opportunities, conduct a free scholarship search today!


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Businessweek’s Top Undergrad Business Schools

by Suada Kolovic

Interested in a career in business? You’re not alone. Year after year, Business Management and Administration are reported to be among the most popular college majors with students today. Why? Because not only is it a profitable major, but a business education can lead to a broad range of careers. So, if you're interested in a career that is in high demand and practical, check out the top undergrad business schools according to Businessweek.

The rankings are based on student satisfaction, post graduation outcomes and academic quality. Businessweek surveyed approximately 28,000 students from 113 institutions to describe their experiences. Then asked 246 recruiters to identify which institutions provide the best new hires and have the most innovative programs. From more information on this survey and the complete list of institutions ranked check out Businessweek. And if you’re concerned about how you’re going to pay for this lucrative education in business, conduct a free scholarship search today!


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