What is your “dream” college? March 2, 2016

Ian Welham asks: What is your dream college?

Friends,

Every year the Princeton Review conducts a survey of high school students applying to college and their parents. They ask questions such as “What is your ‘dream’ college?” . . .”How many colleges will you apply to?” . . . “What is your biggest concern about applying to college?”

Here were the findings that caught my eye.

What is your dream college?

Students                                          Parents

Harvard                                           Stanford

Stanford                                           Princeton

Columbia                                          Harvard

NYU                                                    Notre Dame

Princeton                                         M.I.T.

To the question, “How necessary will financial aid be to pay for your child’s education?” 86% said financial aid would be “extremely” or “very” necessary, with 61% saying “extremely.”

Parents want their children to pick a college closer to home. Students want to leave their home state. 51% of parents said they would like to see their child attend a college less than 250 miles from home. Meanwhile, 67% of students said they would like to attend a college more than 250 miles from home.

More parents than ever – 75% — reported that the state of the economy is affecting decisions about applying to college. Over half of the families reported that they are applying to more “financial aid safety schools.”

The most popular answer to the question, “What will be the biggest benefit of your child earning a college diploma?” was “a potentially better job, higher income and career preparation” at 62%.

And here’s the most important one: “What advice would you give to college applicants or parents going through this experience next year?”

The #1 response?

“Start early.”

Good advice.

 

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This post was written by admin on March 2, 2016
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Ian R. Welham, Certified College Planning Advisor  -  Tel: 973.467.0101