Fascinating post by Joe Carter. Excerpt: According to a study by sociologists at Rice University, college students whose parents are not married to each other face significantly heavier financial burdens for the simple reason that married parents, relative to other parents, contribute significantly more to their children’s college education: Married parents not only contributed more in absolute terms to their children’s education than divorced parents ($4,700 median amount per year vs. $1,500 per year; p<.001) but also gave a larger proportion of their income to their children’s … [Read more...] about Student Loan Debt–a Marriage Problem?
Archives for March 2014
College Prep Conference in Twin Cities, MN
If you're in the area, you might consider attending the college preparation conference being put on by the Twin Cities Chinese Christian Church (TCCCC). I'll be giving three sessions and a Q&A, and there will be a couple panels with other speakers. The conference is for teens and their parents. My first session is just for teens, the second is for teens and their parents, and the third is just for parents. DATE: April 25-26 TIME: 7:30p Friday for grades 7-12 // 10a – 4p Saturday for parents and teens // Lunch provided Registration Fee: $15 per person or $25 for family. (The … [Read more...] about College Prep Conference in Twin Cities, MN
Poorer families bearing the brunt of college price hikes
Good article on why net tuition (what students pay or borrow for college after grants and scholarships knock down the sticker price) has been declining for wealthier families and rising for lower income families. An excerpt: ...public and private colleges and universities are spending more of their financial-aid budgets trying to lure higher-income students, whose families earn much more than $30,000 a year, than on meeting the financial needs of low-income ones, according to a 2011 report from the U.S. Department of Education. … [Read more...] about Poorer families bearing the brunt of college price hikes
College Grads Taking Low-Wage Jobs Displace Less Educated
Sobering article in Bloomberg about college grads increasingly filling low-wage jobs, displacing less educated workers. More might do well to consider strategic associate degrees and skilled trades (discussed in chapter 11 of Preparing Your Teens for College). A few excerpt: The jobless rate of Americans ages 25 to 34 who have only completed high school grew 4.3 percentage points to 10.6 percent in 2013 from 2007, according to Bureau of Labor Statistics data. Unemployment for those in that age group with a college degree rose 1.5 percentage points to 3.7 percent in the same … [Read more...] about College Grads Taking Low-Wage Jobs Displace Less Educated
Raising Teens With Enduring Faith
My guest post on Bible Gateway's blog begins this way: “Train up a child in the way he should go; even when he is old he will not depart from it.” Proverbs 22:6 As our teens grow up and head out to college, one of our most pressing concerns is about their faith. We’ve heard about the party scene, the atheistic professors, the pressure to fit in and make new friends. Maybe we’ve known a student who has lost the way. It’s only natural to wonder, Will our teens’ faith be strong enough to withstand the tests of college? Read the rest. … [Read more...] about Raising Teens With Enduring Faith
Student Loans Entice Borrowers More for Cash Than a Degree
Fascinating WSJ article on a disturbing trend: "Some Americans caught in the weak job market are lining up for federal student aid, not for education that boosts their employment prospects but for the chance to take out low-cost loans, sometimes with little intention of getting a degree." Read the whole thing. HT: Wintery Knight … [Read more...] about Student Loans Entice Borrowers More for Cash Than a Degree