College Search DIY @AdviceIQ

UA_SunsetThe below short article is a primer on how to approach college planning. There are actually two phases … and most people get these reversed. The practical order is:

1) Search for a career that the student will thrive and be interested in

2) Search for a college or university that provides the educational background in the above career.

Finally, see how the education may be paid for … aid nowadays essentially means loans. Grants or scholarships may be available so be creative searching for those as well. Are scholarships offered by organizations associated with their career field, for example?

Tip not is the article: You can go to PayScale.com and click on the College Salary Report link on the home page … this will give you an idea of the kind of salaries you may expect upon graduation. And with that, get an idea of how much you should borrow. The Department of Education website provides guidelines under the “income-driven repayment plans.”

This article also appears in the Wall Street Cheat Sheet.

 

Article posted at AdviceIQ.

Original blog … College Admissions Private Counseling – Good Idea? … that inspired my syndicated article.

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Photo source:By M.Fitzsimmons (Own work) [CC-BY-SA-3.0 or GFDL], via Wikimedia Commons “Sunset at the University of Arizona; Tucson, Arizona”

About Larry Frank, Sr.

Larry R Frank Sr., MBA, CFP®, is an experienced financial advisor and a published author on Retirement Planning Research. Have a financial question? Click Here to Ask Larry

3 Responses to College Search DIY @AdviceIQ

  1. Larry Frank, Sr. October 31, 2014 at 2:55 pm #

    Here’s another author’s take on the topic of having a broader perspective on college planning done correctly:

    http://www.nytimes.com/2014/10/18/your-money/a-financial-aid-map-for-families-who-have-saved-nothing.html?ref=business&_r=1

  2. Larry Frank, Sr. November 11, 2014 at 9:57 am #

    Here’s an info graphic on the Return on Investment (ROI) of spending for education compares to potential earnings with various degrees …

    http://affordableschools.net/higher-education-roi/

  3. Larry Frank, Sr. June 27, 2016 at 6:23 am #

    Zippia is the career expert site, where recent college graduates can study the pathways of previous graduates to learn about which career routes they want to pursue. Career job data can be found on https://www.zippia.com/colleges-and-majors/.

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