Skip Navigation Links
Top 10 Most Successful College Entrepreneurs

by Suada Kolovic

College campuses have been the breeding grounds for some of the most successful business in the world. We’re talking Facebook, Apple, Microsoft, and Yahoo! to name a few. Check out who else made Huffington Post’s list of the most successful college entrepreneurs:

  • Mark Zuckerberg: In 2004, at the ripe age of 19, Zuckerberg created what would one day become the second most visited website in the world – Facebook.
  • Bill Gates: After taking a leave of absence from Harvard, Gates started creating processors and computer interfaces that are still used today. He then founded a little company you might have heard of (Microsoft).
  • Michael Dell: Dell was a pre-med student at the University of Texas, Austin in 1984 when he started a small business in his dorm upgrading computers. He went public in 1988 and eventually brought “Dude, you’re getting a Dell!” to the masses.
  • Bo Peabody: As a student at Williams College, Peabody, Bretty Hershey and their economics professor designed one of the original social networks in 1992. Today, it is known as Tripod.com.
  • Jerry Yang and David Filo: Graduate students at Stanford University, Yang and Filo created Yahoo! as a way to help their Stanford friends locate cool websites.
  • Steve Wozniak: In 1975, Wozniak dropped out of the University of California, Berkeley to work with Steve Jobs on circuit board designs and operating systems. These projects eventually evolved into Apple.
  • Larry Page and Sergey Brin: In 1996, Page and Brin, who were PhD students at Stanford University at the time, left school to begin working on a new search technology founded on one idea that the order of websites listed on search engines would be based on relevance. From that idea, Google was born.
  • Marc Andreessen: While at the University of Illinois at Urbana-Champaign, Andreessen and Eric Bana began creating a user-friendly browser that integrated graphics and would work on a range of computers. They called it Mosaic, Andreessen eventually started his own software company, Mosaic Netscape.
  • Frederick W. Smith: As an undergrad at Yale, Smith wrote a paper outlining a delivery system that would work in a computer-dominated industry. After he graduated, Smith ran with the idea and founded Federal Express.
  • Steve Huffman and Alexis Ohanian: After graduating from the University of Virginia in 2005, Huffman and Ohanian founded the popular social news website Reddit.
  • What do you think of the individuals that made the list? Any surprises? Do you think it’s problematic that not a single woman made the list?


Comments

New Study Explores Higher Ed Stratification

by Alexis Mattera

Money may not be able to buy happiness or love but a new study shows it’s an integral factor in getting into college.

The study – “Running in Place: Low-Income Students and the Dynamics of Higher Education Stratification” – reveals that despite efforts to attract and enroll more low-income students, such students are still more likely to attend community colleges or noncompetitive four-year universities than more elite schools. These students are indeed taking the steps necessary to increase their grades and standardized test scores but their wealthier counterparts are taking wider, faster strides toward the same goal.

According to the study’s lead author and associate professor of higher education at the University of Michigan Michael N. Bastedo, “The distance between academic credentials for wealthy students and low-income students is getting longer and longer...and that’s despite the fact that low-income students are rising in their own academic achievement.” Selective colleges claim they want to bring in more low-income students but the study’s authors say ancillary factors like higher/better job placement and more generous alumni are proving detrimental.

There is much more to the study here including the authors’ suggestions for improving equity (i.e., optional SATs, greater access to Advanced Placement and honors courses). Take a look and share your thoughts!


Comments

Emory University Student Allegedly Took SAT For High Schoolers

by Suada Kolovic

When it comes to taking the SATs, most students are prepared for the parental pressure, competitive stress and the likelihood of cold sweats that go along with taking an exam so integral with the college admissions process. And if you’re planning on attending an institution of higher education, the SATs and other standardized tests are impossible to avoid…well, almost impossible: Six students tried to pay their way out of taking the exam and allegedly hired a recent high school graduate to assume their identities and deliver high test scores. Needless to say, they were all caught and must now face the consequences.

According to reports, an Emory University student was charged Tuesday with standing in to take the SAT for students at Long Island’s Great Neck North High School. The bogus test-taker, Sam Eshaghoff, is a 19-year-old Great Neck North alumnus who was arrested and charged with first-degree scheme to defraud, first-degree falsifying business records and second-degree criminal impersonation. He faces four years in prison. The six students who allegedly hired Eshagoff face misdemeanor charges and a year in jail. Because they were underage when the phony testing took place, prosecutors declined to identify them.

"These are serious allegations," said Nassau County District Attorney Kathleen Rice. "There's no level playing field when students are paying someone they know will get them a premier score when other kids are doing it the fair way and the honest way." Do you think these students, who because of Eshaghoff received SAT scores between 2140-2220, should be kicked out of their institutions? Should they be forced to take retake the SATs?


Comments

Tips on How to Network While Still in College

by Suada Kolovic

If you’re in college, chances are you’ve been reminded – on a daily basis, no less – about the importance of networking in the adult world. Why wait until then? Get a head start on building your network and you might connect with someone that could potentially help you find a job after you graduate. Need some help getting started? Check out U.S. World News’ six tips to network while still in college:

  • Play the student card: Take advantage of the fact that you’re still a student. Alumni are more likely to help you while you’re still in school because you’re just asking for advice and not looking for a job, says Heather Krasna, director of career services at the University of Washington's Evans School of Public Affairs. Ask questions, request an informational interview and grow those relationships while there’s no pressure.
  • Use your friends’ parents as resources: Believe it or not, your friends’ parents are great contacts. Not only do they offer decades of experience but since there’s already a relationship established, you’re more likely to be comfortable asking for advice and possibly their contacts!
  • Get out of the bubble: Some campuses offer that country-like feel, a pastoral paradise if you will. And while it’s great not having big city distractions, it can hinder your networking opportunities. Emily Bennington, who helps college graduates transition into careers through her company, Professional Studio 365, suggests, “Rather than using your savings for a spring break in Daytona ... go to a conference that's within your industry.”
  • Use LinkedIn: So you’re a whiz when it comes to Twitter and Facebook but if LinkedIn isn’t on your radar, you’re going to fall behind professionally. The sooner you familiarize yourself with LinkedIn, the better. Boasting more than 100 million members, it’s a great way to engage with professionals in your desired field.
  • Use Twitter strategically: Sure, Twitter keeps you posted on what’s most important to you (be that Kim Kardashian or Scholarships.com) but it can also provide an avenue for you to connect with professionals in your field. Make a list of people in your industry who you look up to and use the network strategically to connect with them.
  • Get an internship: This tip is an oldie but a goodie. The value of an internship is undeniable – not only will you walk away with real-life experience to put on your resume, an internship puts you in eyesight of people who work in your field and positions you conveniently ahead of other job seekers.

Comments

by Suada Kolovic

With the economy still in a slump, debt-ridden college students aren't alone in their financial struggles. Colleges and universities nationwide – who've had a fair share in creating insurmountable amounts of debt for the majority of students – have struggled to attract potential donors as concerns about unstable markets remain. Harvard University, however, may be the exception: An alumnus who started trading stock options from his dorm room almost 25 years ago recently donated $150 million to his alma mater for financial aid.

Hedge fund manager and Citadel Investment Group founder Kenneth Griffin’s donation (Harvard’s largest-ever gift specifically devoted to financial aid) is expected to help as many as 800 undergraduates annually. With tuition, room and board at Harvard University hovering at about $56,000, you'd assume that only students from affluent families could afford the outstanding price tag. The reality: Sixty percent of undergraduates receive financial aid from the school and pay on average just $12,000 a year. Families making up to $65,000 a year pay nothing, while those with incomes up to $150,000 pay between zero and 10 percent of their income. Griffin said he hopes to donate more to Harvard in the coming years and called for his peers to consider doing the same. "At Harvard, we've had not decades of commitment for our alumni, but centuries. It's time for my generation to step up," he said.

What do you think of Griffin's donation to Harvard – a school that already has an endowment of $32.3 billion – and not those in need directly? Is this a step in the right direction or not?


Comments

Bloomberg’s Latest Donation to Johns Hopkins Tops $1 Billion Mark

by Suada Kolovic

Giving back to your alma mater is a tradition deeply rooted in the inner workings of any university. Once your status has shifted from “student” to “alumni,” you can bet there is an expectation for you to give back. And while some go out of their way to avoid the financial strains of contributing (we are technically still in a recession), Michael Bloomberg isn’t one of them: The New York City mayor’s latest $350 million pledge has pushed his lifetime donations to his alma mater past the $1 billion mark. Yup, that’s billions. With a b.

Johns Hopkins announced the donation late Saturday, saying it believed Bloomberg – who amassed his fortune creating the global financial services firm Bloomberg LP – is now the first person to give more than $1 billion to a single American university. (This assertion, however, is hard to verify since many donors tend to give anonymously.) About $250 million of Bloomberg’s latest contribution will be part of a larger effort to raise $1 billion to foster cross-disciplinary work at Johns Hopkins; the remaining $100 million will be devoted to need-based financial aid for undergraduate students in the form of 2,600 Bloomberg scholarships in the next 10 years. "Johns Hopkins University has been an important part of my life since I first set foot on campus more than five decades ago," Bloomberg said in the statement issued by the university. "Each dollar I have given has been well-spent improving the institution and, just as importantly, making its education available to students who might otherwise not be able to afford it."

What do you think of Bloomberg’s generosity? Do you plan to donate to your college after you graduate?


Comments

Recent Posts

Tags

ACT (19)
Advanced Placement (24)
Alumni (16)
Applications (76)
Athletics (17)
Back To School (72)
Books (66)
Campus Life (444)
Career (115)
Choosing A College (41)
College (917)
College Admissions (225)
College And Society (270)
College And The Economy (329)
College Applications (141)
College Benefits (282)
College Budgets (205)
College Classes (436)
College Costs (453)
College Culture (548)
College Goals (386)
College Grants (53)
College In Congress (78)
College Life (500)
College Majors (212)
College News (501)
College Prep (164)
College Savings Accounts (17)
College Scholarships (129)
College Search (109)
College Students (374)
College Tips (99)
Community College (54)
Community Service (40)
Community Service Scholarships (26)
Course Enrollment (18)
Economy (96)
Education (24)
Education Study (28)
Employment (36)
Essay Scholarship (38)
FAFSA (49)
Federal Aid (86)
Finances (68)
Financial Aid (361)
Financial Aid Information (37)
Financial Aid News (31)
Financial Tips (35)
Food (44)
Food/Cooking (27)
GPA (80)
Grades (91)
Graduate School (54)
Graduate Student Scholarships (19)
Graduate Students (63)
Graduation Rates (38)
Grants (61)
Health (38)
High School (128)
High School News (62)
High School Student Scholarships (142)
High School Students (257)
Higher Education (110)
Internships (525)
Job Search (167)
Just For Fun (96)
Loan Repayment (33)
Loans (39)
Military (16)
Money Management (134)
Online College (20)
Pell Grant (26)
President Obama (19)
Private Colleges (34)
Private Loans (19)
Roommates (99)
SAT (22)
Scholarship Applications (153)
Scholarship Information (140)
Scholarship Of The Week (226)
Scholarship Search (181)
Scholarship Tips (70)
Scholarships (360)
Sports (61)
Sports Scholarships (21)
Stafford Loans (24)
Standardized Testing (45)
State Colleges (42)
State News (33)
Student Debt (76)
Student Life (498)
Student Loans (130)
Study Abroad (66)
Study Skills (214)
Teachers (94)
Technology (111)
Tips (479)
Tuition (92)
Undergraduate Scholarships (35)
Undergraduate Students (154)
Volunteer (45)
Work And College (82)
Work Study (20)
Writing Scholarship (18)

Categories

529 Plan (1)
Back To School (351)
College And The Economy (462)
College Applications (244)
College Budgets (333)
College Classes (547)
College Costs (702)
College Culture (904)
College Grants (132)
College In Congress (123)
College Life (867)
College Majors (321)
College News (822)
College Savings Accounts (55)
College Search (382)
FAFSA (108)
Federal Aid (118)
Fellowships (23)
Financial Aid (637)
Food/Cooking (76)
GPA (277)
Graduate School (106)
Grants (71)
High School (479)
High School News (206)
Housing (172)
Internships (564)
Just For Fun (202)
Press Releases (1)
Roommates (138)
Scholarship Applications (183)
Scholarship Of The Week (301)
Scholarships (546)
Sports (73)
Standardized Testing (58)
Student Loans (220)
Study Abroad (60)
Tips (741)
Uncategorized (7)
Virtual Intern (531)

Archives

< Mar April 2014 May >
SunMonTueWedThuFriSat
303112345
6789101112
13141516171819
20212223242526
27282930123
45678910

Follow Us:

facebook twitter rss feed
< 1 2 
Page 2 of 2