BONUS BEST: Selecting the Right College: Using Data to Make Better Decisions

Selecting the right college

NOTE: This is a “BONUS BEST” episode to start off 2017. ENJOY…

This episode is an interview with Bill Phelan, co-founder of College Factual to discuss how data can help a student make a better decision by selecting the right college. This site is a data driven website that allows you to discover your unique strengths, matches you with the best major and begins selecting the right college according to that information. They publish significant data on their site for athletes, first year students as well as work with the Veteran’s Administration to identify veteran friendly colleges (@studentvets).

“An adult can make a bad decision and file for bankruptcy. A student at age 18 that makes a bad decision can’t walk away from their debt, student loans cannot be discharged in bankruptcy court”.

The goal is to have the most updated information about the true cost of a college, determine the value of selecting that major and what are the best colleges for that major and the outcome of your earning potential. This is also a great resource for Asian students since they have an office in #Beijing for the Chinese parents and students.

Changing the course while in college can be costly. The latest statistics suggest that 76% of students change their major once and then 50% of those students change their major for the second time.  The COST of each change is about $45,000

Links mentioned in this episode:

College Factual @CollegeFactual

Contact them:  FACEBOOK, Twitter, LinkedIN

USA Today College Rankings @USATodayCollege

*************************************************************************

Scholarship SpotlightThe Shawn Carter Foundation Scholarship (in honor of Beyonce’s new album – Lemonade) @ShawnCarterSF

They offer varies scholarships for students up to the age of 25.  You must be at least a high school senior, received a GED, undergraduate or graduate student, U.S. citizen or permanent resident with a 2.0 GPA to qualify. @beyonce @S_C_

 

 

Ep. 40 Selecting the Right College: Using Data to Make Better Decisions

Selecting the right collegeThis episode is an interview with Bill Phelan, co-founder of College Factual to discuss how data can help a student make a better decision by selecting the right college. This site is a data driven website that allows you to discover your unique strengths, matches you with the best major and begins selecting the right college according to that information. They publish significant data on their site for athletes, first year students as well as work with the Veteran’s Administration to identify veteran friendly colleges (@studentvets).

“An adult can make a bad decision and file for bankruptcy. A student at age 18 that makes a bad decision can’t walk away from their debt, student loans cannot be discharged in bankruptcy court”.

The goal is to have the most updated information about the true cost of a college, determine the value of selecting that major and what are the best colleges for that major and the outcome of your earning potential. This is also a great resource for Asian students since they have an office in #Beijing for the Chinese parents and students.

Changing the course while in college can be costly. The latest statistics suggest that 76% of students change their major once and then 50% of those students change their major for the second time.  The COST of each change is about $45,000

Links mentioned in this episode:

The College Money Maze MASTERCLASS – May7, 2016 (for those in the NJ area)

College Factual

Contact them:  FACEBOOK, Twitter, LinkedIN

USA Today College Rankings @USATodayCollege

*************************************************************************

Scholarship SpotlightThe Shawn Carter Foundation Scholarship (in honor of Beyonce’s new album – Lemonade)

They offer varies scholarships for students up to the age of 25.  You must be at least a high school senior, received a GED, undergraduate or graduate student, U.S. citizen or permanent resident with a 2.0 GPA to qualify. @beyonce @S_C_