Skip Navigation Links

The Deal with Debt

Who Owes What, Where and Why

October 22, 2010

The Deal with Debt

by Alexis Mattera

$24,000. To a recent graduate, that five-figure number could be 1. their starting salary at their first entry-level job or 2. the amount of student loan debt they have accrued while in school.

We’re going to talk about the second choice this morning, as a study by Peterson’s and the Project on Student Debt just revealed it was the average amount owed by graduates of the class of 2009. The study broke down debt levels by state and school (D.C. graduates had the highest while Utah students had the lowest) but did not include debt levels for graduates of for-profit schools because of a lack of data.

Arriving at these tallies didn’t come easy for the Project on Student Debt, which adjusted the averages initially recorded by Peterson’s ($22,500 and 58 percent of students who borrowed) because it felt they were too low when compared to the statistics recorded last year by the National Post Secondary Student Aid Study ($22,750 and 65 percent).

You may be one of the lucky students who scored enough scholarships and grants to have a degree in hand and no debt in sight or you may be flipping couch cushions in search of change to put toward your next payment but what do you think of these findings? A college degree certainly doesn’t come cheap these days!


Comments

Coca-Cola’s $20,000 Scholarship

Deadline Quickly Approaching

October 25, 2010

Coca-Cola’s $20,000 Scholarship

by Suada Kolovic

Are you in search of a scholarship with a huge dollar amount? Coca-Cola’s Scholars Scholarship may be just what you’re looking for. It's an achievement-based scholarship awarded to 250 high school seniors each year. Fifty of these are four-year, $20,000 scholarships ($5,000 per year for four years), while 200 are designated as four-year, $10,000 scholarships ($2,500 per year for four years). And with odds like that, it wouldn’t hurt for you to give it your best shot!

In order to be eligible for a Coca-Cola Scholarship, a student must be a current high school or home-school senior planning to pursue a degree at an accredited U.S. post-secondary institution and have a minimum 3.00 GPA at the end of your junior year of high school. But you better work fast because high school seniors must apply online through October 31. Good luck!


Comments

Let Your Voice Be Heard with this Scholarship of the Week

Voice of Democracy Deadline is Today!

November 1, 2010

Let Your Voice Be Heard with this Scholarship of the Week

by Alexis Mattera

Every little bit of financial aid helps when figuring out how to pay for college but this next scholarship – our Scholarship of the Week – will be of more than just a little assistance to the winner. How does $30,000 sound?

The VFW’s Voice of Democracy Scholarship Contest is an annual nationwide audio essay competition designed to give all high school students the opportunity to voice their opinion on their responsibility to our country. This year’s topic is "Does My Generation Have a Role in America’s Future?" and students should record their reading of the draft (at least three minutes but no more than five minutes) to a CD. Entrants should then submit their CD, typed essay and an official Voice of Democracy entry form to their local VFW Post today (November 1st). Former first place state Voice of Democracy winners and high school students over the age of 19 are not eligible. US Citizenship is not required, although students must be permanent residents of the U.S.

For more information on this scholarship, please click here or complete a free scholarship search to find additional opportunities.


Comments

How Expensive is "Too Expensive" for a College Education?

Students Willing to Spend More for Academics, Prestige

November 4, 2010

How Expensive is "Too Expensive" for a College Education?

by Alexis Mattera

The true cost of a college education is seldom the number that’s printed in school brochures and on various college comparison lists. When you figure in federal aid, scholarships, grants, room and board, books and supplies, that price fluctuates. One thing remains constant - higher education doesn’t come cheap - but a new poll finds students are willing to stretch their finances for several key factors.

In April, right up until enrollment deadlines, students were still considering “too expensive” schools and were willing to stretch to pay for their education, poll conductors the College Board and the Art & Science Group report. While it would be more financially sound to select the school with the lower tuition and better financial aid package, “too expensive” colleges remained in play if they had strong academics in students’ fields of interest, were places students felt comfortable, had prestigious academic reputations or had excellent records of graduate school acceptance or good job placement after students graduated. Here’s the breakdown:

  • Twenty-six percent of students surveyed said their family would have to stretch a lot, but “I think we’ll make it.”
  • Twenty-two percent chose “I’m not sure how my family will afford to send me to college, but I believe we’ll work something out when the time comes.”
  • Eleven percent said, “I don’t think my family can afford to send me to college, but we are going to try.” Nearly 40 percent of students surveyed did not have a sense of long-term costs, citing “no idea” what their likely monthly payment on student loans would be after graduation.

If you think back to every award show you’ve ever seen, you’ll recall those who do not win always say it is an honor just to be nominated. The same can be said for college admissions: It’s an amazing achievement to be accepted to a prestigious college but is attending worth it if the cost of attendance is going to drive you and your family into debt?


Comments

Ohio Program Rewards Higher GPA’s with Cash

by Suada Kolovic

Imagine a world where cold, hard cash was the incentive for doing well in school. A new study, that examined three Ohio community colleges, attempted to explore if paying students is the answer for an authentic effort in their education. The report, "Rewarding Progress, Reducing Debt: Early Results From Ohio's Performance-Based Scholarship Demonstration for Low-Income Parents," showed that using financial aid strategically – providing low-income parents scholarships based on their performance – was “encouraging.” The program offered the low-income parents up to $1,800 for one academic year if they earned at least a “C” in 12 or more credits, or $900 for the same grade in six to 11 credits.

According to Lashawn K. Richburg-Hayes, deputy director of young adults and postsecondary education with MDRC, a nonprofit research organization based in New York, “the goal is to understand if performance-based scholarships can work for different populations, in different amounts." The result – of the students assigned to the scholarship group, 33 percent earned the full-time award and 41 percent received the part-time award in the first term. Thirty percent earned the full-time award and 31 percent the part-time award in the second term. The scholarships earned were then paid directly to the students, “allowing them to use the money for whatever expenses were most pressing”, said Reshma D. Patel, a research analyst with MDRC and a co-author of the report. Unlike scholarship funds that must be put towards tuition fees or books, the student has the freedom to use the cash as they see fit. “That flexibility was especially important for the program's target population, low-income parents, who could use the money for child-care or other living expenses,” Patel said.

So, future college attendees, do you think students would be more inclined to put in a wholehearted effort in their education if they were paid to do so?


Comments

Get Rewarded for Giving Back

Students Serve Offers $2,000 Grant

November 8, 2010

Get Rewarded for Giving Back

by Suada Kolovic

Do you think a college degree should provide students with real-life experiences, not just textbook theories? Should college students have the chance to use their knowledge and skills to improve communities across America? Well, Students Serve couldn't agree with you more! Students Serve provides service-learning grants up to $2,000 to innovative college students across the country. The grants enrich the academic experience of the students who are implementing the service-learning projects, inspire confidence in students, and create meaningful changes in communities.

Eligibility Requirements:

  • undergraduate attending a college or university in the US
  • self-designed service-learning project to be completed individually (service-learning is defined as applying academic knowledge from a class taken in school to solve a legitimate problem in your community)
  • targeted community is within the US
  • 2 letters of recommendation from professors or community leaders who may advise you on your project

Current Deadlines:

  • November 30th (Spring Project)
  • March 15th (Summer Project)

For more information on community service scholarships, as well as scholarships for your other attributes and interests, conduct a free college scholarship search.


Comments

Wacky, Unusual and Just Plain Weird Scholarships

by Suada Kolovic

Sure there are tons of scholarships out there for the egghead, the jock, the feminist, the free spirit, and even the average student. But what about those of you with strange talents? Those talents that really make you stand out in a crowd are the same talents that could potentially earn you loads of cash for college!

Unlike your typical scholarships, where the selection pool is humongous, a specific criterion – like having the name Zolp – is required for unique scholarships. There are tons of wacky, unusual and just plain weird scholarships out there. For instance, can you call ducks? Seems like a strange question but if you can, check out the Chick and Sophie Major Memorial Duck Calling Contest; with a grand prize of $2,000, that’s sure to ruffle a few feathers. Do you have a sweet tooth? Who doesn’t, but unlike the rest of us who just sit around and enjoy those tasty treats, you’re interested in creating the next Snickers, making the National Candy Technologists Scholarship the perfect outlet for you to put those taste buds to good use. (The rest of us will be indebted to you!) Are you someone with a knack for fashion and have creativity coming out of your ears? Then take on the Duck Brand Stuck at Prom Scholarship Challenge and create your entire prom attire out of Duck tape.

Remember, if you have an unusual talent, there may just be an equally unusual scholarship out there. For a complete list of wacky, unusual, and just plain weird scholarships, conduct a free scholarship search at Scholarships.com and put those talents to good use!


Comments

All GPAs are Created Equal with this Scholarship of the Week

Cappex’s “A GPA Isn’t Everything” Scholarship Ends November 30th

November 15, 2010

All GPAs are Created Equal with this Scholarship of the Week

by Alexis Mattera

Just because your GPA is less than 4.0 doesn’t mean you don’t deserve the same chance at scholarship awards as your higher-ranked classmates.

Cappex’s “A GPA Isn’t Everything” Scholarship proves just that by awarding $1,000 to high school seniors or students planning on attending college within the next 12 months. We know it sounds too good to be true but it’s no scam – none of the scholarships listed on our site are – so complete your scholarship application before the November 30th deadline.

Looking for additional scholarship opportunities? Complete a free scholarship search today!


Comments

From Hogwarts to Harvard

How Would “Potter” Characters Fare in College Admissions?

November 19, 2010

From Hogwarts to Harvard

by Alexis Mattera

After you rub the sleep out of your eyes left over from the midnight “Deathly Hallows” showing, consider this: How well does Hogwarts prepare its students for college? Well, we Muggles would have some definite competition if our applications went head-to-head with Harry Potter's, Hermione Granger's and Ron Weasley's before They Which Shall Not Be Named (aka admissions committees).

First, there’s Harry. From losing many people he loved – parents, godfather, mentor and friends – to having the Dark Lord trying to kill him at every turn, his application essay would tug at the heartstrings but also reveal a young man able to succeed against all odds. He’s as skilled with a quill as he is with a wand and admissions committees would be impressed with his ability to work with others toward a common goal. He’d gain admission because he’d be an asset to any department (I’m thinking his major would be chemistry or political science), study group and, obviously, the Quidditch team.

Next, Hermione obviously has the brains and could dominate the SATs or ACTs just like she owned the O.W.L.s…but what about extracurriculars? In her case, wizarding and witchery definitely count as community service and her compassion for oppressed individuals (mudbloods, ogres, elves, etc.) hints at possible careers in social work, nursing or medicine. Maybe the actress portraying her can put in a good word with the dean at Brown, though Ms. Granger would surely gain admission on her own merit. She wouldn’t have it any other way!

Lastly, we have Ron. As one of seven Weasley kids, Ron knows a thing or two about standing out in a crowd…even if he does so while wearing his older brothers’ hand-me-downs. His athletic skills may garner a scholarship or two but admissions committees will be most impressed with his essay, which would detail his problem solving skills and loyalty demeanor. His innate investigative skills are top notch and could easily translate into aced journalism and criminal justice classes. And don’t worry, Mr. and Mrs. Weasley: Not only will Ron get in but he’s also going to get an excellent financial aid package!

Though Harry, Hermione and Ron won’t be applying for a spot at your dream school, other students possessing equally impressive skills and backgrounds will so it’s important to make your college application memorable. We’ve got plenty of tips on the college application process throughout our site as well as strategies for winning valuable scholarships. Hurry, though: Application deadlines are approaching faster than the Hogwarts Express!


Comments

Popular Culture 101?

TV + Trends + College = Fun and Unusual New Classes

December 1, 2010

Popular Culture 101?

by Alexis Mattera

No, there are still no classes entitled “The Anatomy of the Victoria’s Secret Fashion Show” or “The Hanukkah Snuggie’s Effect on Modern Judaism” but classes with roots in popular culture are popping up on college campuses everywhere. If you’ve yet to select your classes for next semester or have found a few empty blocks in your schedule, consider enrolling in one of these fun, weird and surprisingly informative courses. (Bonus: They could help you earn an equally unusual scholarship!)

  • Consumerism and Social Change in Mad Men America, 1960-1963: Northwestern University history professor Michael Allen teaches this freshman course, which examines the relationship between consumerism and the social and political changes of the 1950s and 1960s. Students attend lectures and read historical texts but are also required to watch several “Mad Men” episodes each week. We’d assume cigarette smoking, scotch swilling and infidelity do not earn extra credit points.
  • South Park and Contemporary Issues: This course at McDaniel College mixes sociology and philosophy while exploring the controversial contemporary social issues featured on the long-running Comedy Central cartoon. The official course description states, “Ultimately, students will gain…new knowledge of the benefits of applying an interdisciplinary approach to contemporary social issues.” No Kennys will be harmed but bring your own Cheesy Poofs.
  • Music, Video Games, and the Nature of Human Cognition: This NYU psychology class already has a waiting list and there’s a good reason for it: Professor Gary Marcus believes video games – specifically “Guitar Hero” – can be used to enhance human cognition. Some parents are upset that this is the type of class their tuition is going toward but Marcus stresses that delving into this understudied area will yield positive results. Rock on, Professor!
  • Lady Gaga and the Sociology of Fame: The University of South Carolina’s Mathieu Deflem has gone gaga for Gaga and he hopes his students will too with his sociological analysis of selected social issues related to the pop star’s work. Though the course is within the sociology department, the subjects of music, fashion, art, business, marketing, new media, religion and politics will be integrated to dissect Gaga’s rise to fame and impact on society. Unlike the infamous meat dress, this approach is well done.
  • Zombies in Popular Media: Vampires are so last year, people, and Columbia College Chicago has the latest undead trend – zombies – ready to take over your brain, not eat it. Literature, comics and film will “foster thoughtful connections between student disciplines and the figure of the zombie,” states the course description and the history, significance and representation of zombies will be discussed and implemented on a daily basis. Hopefully, this class doesn’t take place after dark.

Comments

Recent Posts

Tags

ACT (19)
Advanced Placement (24)
Alumni (16)
Applications (75)
Athletics (17)
Back To School (72)
Books (66)
Campus Life (444)
Career (115)
Choosing A College (41)
College (916)
College Admissions (224)
College And Society (270)
College And The Economy (329)
College Applications (140)
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 (127)
High School News (61)
High School Student Scholarships (142)
High School Students (256)
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 (243)
College Budgets (333)
College Classes (547)
College Costs (702)
College Culture (904)
College Grants (132)
College In Congress (123)
College Life (866)
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 (478)
High School News (205)
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
<< < 13 14 15 16 17 18 19 20 21 22  > >>
Page 18 of 36