October College Search Guide

Originally published on 3 October 2019 in the Pasadena Independent, Arcadia Weekly, and Monrovia Weekly

Cornell University | Courtesy Photo

The road to college

The road to college involves four years of complicated planning and complex scheduling. High school students are extremely busy – homework, extra-curricular activities in art and sports, campus clubs, all compete for their time. To add to that, they have to make sure they get excellent marks in their courses and on the standardized tests. Their GPAs and SAT/ACT scores have to impress college admissions officers to really consider their application.          

I know some parents who enroll their kids in SAT prep courses as early as 9th grade and some independent counselors recommend that students sit for the SAT in 10th grade. However, I feel that taking the SAT this early isn’t necessarily the best course of action – students still have so much to learn and aren’t really ready for this test. Unless there are extenuating circumstances (if the SAT is a requirement for an advanced math course, for instance) that necessitate them to take it, I would suggest waiting a bit. My daughter took her SAT and ACT the summer before her senior year. By then she had accumulated as much knowledge as high school covered.

FRESHMAN

Encourage your children to keep their focus on their schoolwork. By this time, they should have figured out what extra-curricular activities they are interested in pursuing and what sports they want to participate in. Give them guidance as they navigate this new phase in their school life, and support the choices they make.

SOPHOMORE

Depending on your children’s course choices and load, there could be standardized testing required of them. Your children should be taking AP and SAT II exams following completion of the course while the knowledge they gained in class is still fresh in their minds. The best preparation for both AP and SAT II exams is for your children to make sure they understand the subject matter and do well in all tests the teachers give in class. If there is something they don’t understand, they should right away speak to the teacher to ask for clarification or, possibly, find a tutor for additional help. The results of these standardized exams are required for college applications.   

JUNIOR

Your children should be aware that junior year is the last complete year of high school performance that college admissions officers will see. They have to put more effort at doing well and getting good marks.

They should register for and take the PSAT, which is also the qualifying exams for the National Merit Scholarship. It is also a good time for your children to meet with their school counselor to make sure they are taking all the courses they need to graduate and apply to college.

Your children should also be keeping up with their extra-curricular and sports activities. College admissions officers look at several components as they try to assemble an incoming class made up of the best candidates to add to their student body. 

Several area high schools hold College Fairs on campus. This is an excellent opportunity for you to see what the different colleges and universities are offering. Your children will get to meet and speak to admissions officers – usually the same people who will be reviewing your children’s application, reading the essay, and sitting around the table – who will be making their case for your children during the all-important decision-making rounds. They have a say on whether your children get accepted or denied admission to the school of their choice.  

SENIOR

Eighteen year-olds are intent on getting into the college of their dreams. After all, they have spent four years preparing towards this goal. The cost of a college education may not have necessarily been top of mind for them.

However, with the ever-increasing cost of tuition, books, accommodations, and meals, a college education has become very expensive for a lot of Americans. Many parents can’t afford to send their children to college, necessitating children to take on a student loan. Today student debt is at a staggering $1.5 trillion.                        

To help parents and students make informed choices, PayScale, Inc., the world’s leading provider of on-demand compensation data and software, released its annual College Salary Report for the 2019-2020 school year. Using data collected from more than 3.2 million college alumni, it provides estimates of early and mid-career pay for 2,646 associate and bachelor’s degree-granting schools in the United States.     

An accompanying piece to this is a report PayScale puts out in the spring, called College Return on Investment, which details how much it will cost to attend a particular school and the earning potential of its alumni. These two reports are worth looking at when your children make decisions on what majors to take and what schools to apply to.     

Your children should now be in the process of completing the common app, and finalizing their essay topic or personal statement. They should have provided the teachers who are writing their letters of recommendation with stamped envelopes.

Depending on what course your children are applying for, they may be required to send supplementary material (auditions or portfolios) with their application and they need to get those ready. Audition tapes for Arts Performance, for instance, can be uploaded on YouTube for easy access. Your children should check the website of the college or university to which they are applying about supplement material requirements. Your children’s school counselors are also a great resource as they are always in contact with college admissions officers.

If your children’s high school offers interview advice and guidance, they should take advantage of it. Basic information like what clothes and shoes to wear, in addition to how to answer questions, all help towards giving your children confidence. While this is not a professional statement, in most cases, interviewers are not as concerned about the answer applicants give, as they are about their demeanor and how they present themselves. Also, if your children are visiting a campus and an interview with an admissions officer is a requirement for application, they should take the opportunity to schedule the interview at that time. Admissions officers like to see demonstrated interest – a campus visit and interview will be remembered and noted.

Be on top of application deadlines; most schools offering Early Action or early Decision have to receive your children’s application by the 1st of November.  

You and your children should be researching scholarships. Some websites include: CollegeXpress (www.collegexpress.com); Fastweb (www.fastweb.com); Free Application for Federal Student Aid (www.fafsa.ed.gov); National Merit Scholarship Corporation (www.nationalmerit.org); Scholarships.com (www.scholarships.com); Scholarships360 (www.scholarships360.org); Student Aid on the Web (www.studentaid.ed.gov). You should also attend the financial workshops being offered at your children’s high school. Most high schools offer on-site guidance, with specialists who can answer your questions.

Your responsibilities as parents are limited to offering encouragement, guidance, and moral support as your children go through this stressful time. But while you need to let your children manage this process, you should also express your concerns and expectations. Communicate with your child, the counselors, and the teachers when you have inquiries. 

Be there for your children but learn when to get out of their way. Never try to communicate with the college admission officers as it is the surest way to sabotage your children’s chances for admission. Do not be overzealous about getting your children accepted to their dream university; there is a school out there that’s the right place for them. While this may sound hollow now, the counselors at your children’s school and the admissions officers at the colleges, or universities to which your children are applying, are actually the experts at finding the best fits.         

Making College Decisions Based on Passion and Earning Potential

Originally published on 28 September 2018 in the Pasadena Independent, Arcadia Weekly, and Monrovia Weekly

Looking forward to a bright career after graduating from college | Photo by May S. Ruiz / Beacon Media News

In a few weeks high school seniors applying to UC and Cal State schools, or other universities through early action or early decision, will be sending out their applications. It is the last step in this grueling process that begins in 9th grade when they start to build their transcript.

These 18-year-olds spent four years of their life burnishing their resume with the hope that the admissions officers in the college of their dreams will admit them. A lot of them have a 4.0 GPA and perfect SAT scores, took a dozen AP courses, helped build houses in far-flung corners of the world, and acquired internships in the field they are passionate about.

What these students may not have thought of, though, is the price tag of a college degree. And the cost of tuition, books, accommodations, and meals is increasing every year. However, not every parent can afford to pay for their children’s college education, necessitating young people to get student loans.

A generation of young graduates is heading out into the world looking forward to a bright career but, at the same time, is carrying a huge burden on its shoulders. Student debt is now at a staggering $1.5 trillion.

So while students should follow their passion when they choose what to major in, it is as essential for them to balance their decisions with the realities of life beyond college and consider schools with the best earning potential.

To help parents and students make informed choices, PayScale, Inc., the world’s leading provider of on-demand compensation data and software, released its annual College Salary Report for the 2018-2019 school year. It is the only organization offering insightful, real time data based on crowdsourced figures and hundreds of compensable factors for both employers and employees to help them make important compensation decisions.

PayScale’s 2018-2019 College Salary Report uses data collected from more than 3.2 million college alumni, providing estimates of early and mid-career pay for 2,646 associate and bachelor’s degree-granting schools in the United States.

Lydia Frank | Courtesy photo

Lydia Frank, PayScale’s Vice-President details their organic growth, “The company was established in 2002 to help individuals understand how much they should be earning at their jobs. From there, we moved on to providing compensation information to employers.

“In 2008, we realized we had all this great data around what school people attended, what they majored in, and what they ultimately ended up earning – the kind of material parents and students need when they start their college search.”

“So we launched the College Salary Report ten years ago precisely to help parents and students make decisions as to what major to choose and what college to attend,” explains Frank. “We want to give them the information on how this will impact earning potential after graduation.

“There’s a lot of material out there telling students which college to attend based on reputation, teaching staff, and amenities available, but there aren’t any information out in the market about what they will be earning as a graduate from a particular school. We thought it was something unique we could bring to bear.”

“We didn’t expect it to take off the way that it did when we started it in 2008,” Frank discloses. “I think it became pretty obvious that we were unique in our ability to be able to provide this information so it became more mission-based – that we had to put it out there because it’s really valuable. It helps students figure out how much they should be borrowing and it gives them an idea what their income will be after graduating.”

Adds Frank, “The other piece of this is a report we put out in the spring of 2010, called College Return on Investment, which details how much it will cost to attend a particular school and the earning potential of its alumni.”

PayScale’s 2018-2019 College Salary Report shows the top 50 schools offering Bachelor’s degrees fall into 16 states, with California and New York home to 22 of them.

For associate degrees, nursing and healthcare provide the biggest payoff for graduates at half the cost of a four-year institution. Helene Fuld College of Nursing tops the list of schools in this category, followed by Pacific Union College, and Cochran School of Nursing. The majority of the highest-earning two-year programs are schools with strong reputations and a specific focus in nursing and healthcare professions.

Among four-year institutions, private schools fare better, with seven out of the top ten schools. Harvey Mudd retained the number one slot, with a mid-career pay of $157,400, $7K above the Massachusetts Institute of Technology (MIT), which placed second. Princeton, last year’s runner-up, fell to 9th place. The U.S. Naval Academy, the California Institute of Technology (Caltech), and Stanford round up the top five.

Courtesy illustration

Ivy League universities, elite technical institutions, and military academies continue to top the list. Harvey Mudd College is a Liberal Arts school that grants degrees in only science, engineering, and mathematics. It is a member of the Claremont Colleges, and its fellow member schools – Claremont McKenna, Pomona, Pitzer, and Scripps – rank 43rd, 67th, 355th, and 374th, respectively. Colorado is the first interior state to appear on the list, with the Colorado School of Mines in 11th place and the U.S. Air Force Academy in 16th.

Looking at the best schools by major, Vanderbilt for Communications, Newman University for Education, and Union College in New York for Humanities have the highest earnings for graduates but they do not appear in the top 50 schools in the annual report.

Most of the highest-paying two-year majors are technology-focused, with software engineering in the top spot. Construction project management is the first non-tech-focused major in the list, ranking 4th. Engineering and math dominate the bachelor’s rankings, but petroleum engineering majors make far and away the most money mid-career. Operations research & industrial engineering, a newly included major, comes in second place, followed by actuarial mathematics.

STEM topped the list in terms of earning potential, as expected. However, students who want to pursue a Liberal Arts degree could take comfort in the fact that they will be able to catch up.

“Graduates with an Arts degree tend to not make a lot out of the gate but they end up making more mid-career,” reveals Frank. “We had some interesting findings when we looked at mid-career earnings at 10+ years. Degrees like Philosophy start to float up there. So it’s not that you shouldn’t major in Liberal Arts, you just have to know that it would take longer for you to be able to pay off debt. That you have to really be careful about how you fund your education.”

Indeed a Liberal Arts degree gives one a wide scope of knowledge which applies across fields. Some of the biggest names in business today majored in courses which their parents could have thought made them totally unemployable. Carly Fiorina, the former CEO of Hewlett-Packard, graduated from Stanford University with a B.A. in Medieval History and Philosophy.

Young people really can’t know how far they can go and what they can achieve based on their college degree. It’s up to them to make their own fortune.