Knowledge Bound: The RSC Blog

Visit the Knowledge Bound Blog regularly for news analysis, editorials and facts about education and financial aid.

Posted on May 09, 2012 - 06:00 AM | College Prep | Comments (0)

Are today’s 8th graders under the same pressures that high-school juniors and seniors were 40 years ago?   The answer, in short, is yes. The pressure is not quite as great, but it’s similar. These days, college and career paths begin in junior high.   Consider these facts:   ·        Twice as many high-school graduates go to college today than 40 years ago. ·        94% of parents expect their student to go to college. ·        90% of ... More

Posted on May 07, 2012 - 06:00 AM | Selecting a College | Comments (0)

Sometime in April, students and college flip roles. Colleges spend January through March as consumers, poring over applications and transcripts, deciding who gets in and who doesn’t, carefully picking through students like ripening fruit.                                              Then the tables turn. After the acceptance letters and financial aid offers have gone o... More

Posted on May 04, 2012 - 06:00 AM | Student Debt | Comments (0)

People try to explain $1 trillion dollars in a variety of ways. “It’s like a stack of $1 bills stretching from here to the moon,” or “It’s more than the gross domestic product of Australia.”   It’s all very heartfelt but not very helpful when it comes to paying for college. Although President Obama and Congress are attempting to reduce student loan debt, most of their actions are not likely to have an immediate impact on the marketplace.   Impact of Student Loan Debt   Student loans, once a rarity in paying for college, are now an ... More

Posted on May 02, 2012 - 06:00 AM | Financial Aid | Comments (0)

When you ask people about financial aid, what’s the first thing they say?   “Scholarships.”   When you ask them how they’re going to pay for college, what do they say?   “Student loans.”   Neither of these are good answers, but they are a tribute to how well those industries have done in promoting themselves. They’ve convinced students to pay for college the hard way. Unfortunately, the government has not done as good a job promoting grants.   Grants vs. Scholarships and Student Loans   ·  &nbs... More




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