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Debt Ceiling Fallout for Students 2011/2012 Financial Aid on #CollegeChat August 2

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Creative Commons License photo credit: Public Notice Media

With the debt ceiling deadline only days away, millions of college students plans for paying for college are in limbo. On August 2, 2011 at 9 p.m. EDT,  Mark Kantrowitz, a nationally recognized bestselling financial aid expert and author, and Sharon McLaughlin, a college planning consultant and former college administrator, will discuss with Twitter attendees the potential impact the debt ceiling crisis will have on financial aid for 2011/2012 during #CollegeChat .

During #CollegeChat, Kantrowitz and McLaughlin will discuss what forms of financial aid are at risk including Pell Grants, Stafford Loans, Perkins Loans and PLUS Loans for Parents. In addition, they will also discuss what impact the debt ceiling crisis may have on colleges themselves including layoffs and shutdowns.

In addition, the panel will  discuss what options are available for students to fund their education in the event their federally based financial aid is impacted.

Kantrowitz is the publisher of FinAid.org and author of the new e-book “Secrets to Winning a Scholarship”. He is also the founder of FastWeb.com, the largest and most popular free scholarship matching service. McLaughlin is a college planning consultant and financial aid expert and founder of McLaughlin Education Consulting (http://www.headforcollege.com). She is also a former college administrator with more than twenty years of experience in student enrollment services. Sharon draws her expertise from her work at private and public colleges in New England, both as a college admissions and financial aid administrator.

About #CollegeChat
#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. #CollegeChat takes place on the first and third Tuesday of the month at 6 p.m. PDT/ 9 p.m. EDT. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat , by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. More detailed information about signing up for Twitter and participating in #Collegechat can be found at http://pathwaypr.com/how-to-participate-in-a-twitter-chat .CollegeChat can also be found on Twitter at http://Twitter.com/collegechat .

#CollegeChat Transcript: Is Higher Education’s Future Online?

#CollegeChat: Is Bill Gates right?

“Hot Topics” is back on #CollegeChat  July 19, 2011 at 9 pm Eastern and 6 pm Pacific. During “Hot Topics” we will be discussing whether Bill Gates is right.  Is the future of higher education online?

Last August during the Techonomy conference in Lake Tahoe, Techcrunch reported that Bill Gates spoke about the not too distant future:

Five years from now on the web for free you’ll be able to find the best lectures in the world,” Gates said. “It will be better than any single university.”

But college needs to be less “place-based,” according to Gates. Well, except for the parties, he joked.

But his overall point is that it’s just too expensive and too hard to get these upper-level educations. And soon place-based college educations will be five times less important than they are today.

Free Education Online

There are already examples of Gate’s vision of free education online. According to Guidetoonlinsschools.com recent post, “Web-Based Education: Cheaper, More Accessible, Better Quality” :

If you were going to look for present day examples of Gates’ free, non place-based education, two good places to start are the Khan Academy and MIT’s OpenCourseWare. Khan Academy is a non-profit website, which has over 2,000 free videos covering K-12 subjects and topics like SAT prep. The videos reflect Gates’ ideal: at about 10 minutes each, they’re short in length but high in quality.

MIT’s OpenCourseWare project has been an experiment in free, web-based college courses. For each class, students can access lectures, syllabi, and other course materials. These materials were also designed to be stand-alone and easily digestible—lecture notes replace clunky textbook chapters, and the best materials from several traditional MIT classes are combined to create one comprehensive online course. In 2010, OpenCourseWare had almost 100 million page views.

Background Reading

http://www.guidetoonlineschools.com/articles/community/transparency/education-online#ixzz1SUKvzzSK

Bill Gates: In Five Years The Best Education Will Come From The Web

http://elearningtech.blogspot.com/2010/01/value-of-online-degree.html

http://www.westga.edu/~distance/ojdla/spring121/columbaro121.html

New to Twitter?

In order to participate in the chat, attendees will need to have a Twitter account.  To sign up for a Twitter account, go to http:// twitter.com. The easiest way to follow the chat is to use TweetChat (http://tweetchat.com). Simply log in to TweetChat with your Twitter information (email or username followed by password) and then enter in CollegeChat without the “#” and you will be placed into the chat room with only those participating in #CollegeChat. More detailed information about signing up for Twitter and using TweetChat can be found at http://pathwaypr.com/how-to-participate-in-a-twitter-chat .

About #CollegeChat

#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat, by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. CollegeChat can also be found on Twitter at http://Twitter.com/collegechat.

 

#CollegeChat Transcript: Are We in a Higher Education Bubble?

#CollegeChat: Higher Education Bubble? Is College Worth it?

Over the last few months there has been a lot of media coverage over whether we are in a higher education bubble and if so, is a college degree today worth the expense.  During the June 21, 2011 edition of #CollegeChat we will discuss this issue.

NPR took a look at the issue in their recent article “Making Headlines Since the ‘70s: Is College Worth it.” As part of their story, NPR interviewed Kevin Carey, policy director for the think-tank Education Sector. Carey argued that the recent stories debating whether college was worth it was not a new story at all but one that creeps back up during economic downturns.

“It’s missing a lot of really important long-term trends,” he says. “If you look at wage data, what you see is that people with college degrees are making more and more and more money, and basically everyone else is either staying the same or falling back.

Carey went on to point out that college graduates “are the only segment of the economy where employment has actually gotten better during the first five months of this year.”

“If you’re a parent and you’ve spent your whole life trying to get your son or daughter into a good college and spent a lot of money, the last thing you want to hear is that that was a bad idea and they’re going to be coming home and they’ll be unemployed soon,” he says. “And so people gravitate toward stories that speak to their fear and their anxieties.”

Pay Pal founder Peter Thiel has also joined the debate by offering 20 talented college students under 20 an opportunity to earn $100,000 over two years by leaving school and beginning a company instead. According to Thiel’s interview with TechCrunch, he believes:

“There’s been a sea-change in the last three years, as debt has mounted and the economy has faltered. This wouldn’t have been feasible in 2007,” he says. “Parents see kids moving back home after college and they’re thinking, ‘Something is not working. This was not part of the deal.’ We got surprisingly little pushback from parents.” Thiel notes a handful of students told him that whether they were selected or not, they were leaving school to start a company. Many more built tight relationships with competing applicants during the brief Silicon Valley retreat– a sort of support group of like-minded restless students.

Dale J. Stephens is a 19-year-old  entrepreneur and one of the first recipients of the Thiel fellowship. According to his recent CNN byline “College is a Waste of Time”, he is also the founder of UnCollege, a social movement supporting self-directed higher education and building RadMatter, a platform to demonstrate talent.

In his CNN byline, Stephens reported:

College is expensive. The College Board Policy Center found that the cost of public university tuition is about 3.6 times higher today than it was 30 years ago, adjusted for inflation. In the book “Academically Adrift,” sociology professors Richard Arum and Josipa Roksa say that 36% of college graduates showed no improvement in critical thinking, complex reasoning or writing after four years of college. Student loan debt in the United States, unforgivable in the case of bankruptcy, outpaced credit card debt in 2010 and will top $1 trillion in 2011.

For Stephens leaving college made sense. He wrote:

We must encourage young people to consider paths outside college. That’s why I’m leading UnCollege: a social movement empowering individuals to take their education beyond the classroom. Imagine if millions of my peers copying their professors’ words verbatim started problem-solving in the real world. Imagine if we started our own companies, our own projects and our own organizations. Imagine if we went back to learning as practiced in French salons, gathering to discuss, challenge and support each other in improving the human condition. leaving college and accepting the Thiel fellowship made sense.

What’s your take? Join us Tuesday, June 21, 2011 to discuss.

Background Reading

http://www.npr.org/2011/06/18/137257390/making-headlines-since-the-70s-is-college-worth-it

http://techcrunch.com/2011/04/10/peter-thiel-were-in-a-bubble-and-its-not-the-internet-its-higher-education/

http://www.cnn.com/2011/OPINION/06/03/stephens.college/index.html?iref=NS

http://www.thecollegesolution.com/are-we-in-a-higher-ed-bubble/

About #CollegeChat

#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat, by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. CollegeChat can also be found on Twitter at http://Twitter.com/collegechat.

 

 

#CollegeChat “Hot Topics”: Paying College Athletes, Selective Colleges for Elite, Online Degree Bias

#CollegeChat “Hot Topics” is back June 7, 2011 at 9 pm Eastern and 6 pm Pacific. During “Hot Topics” we will be discussing:

  • Should college athletes be paid?
  • Are highly selective colleges largely for the elite? Why should this be a matter of national interest?
  • Is there an unfair bias against online degrees?

Athletes

Steve Spurrier, University of South Carolina’s football coach, last week made news when his proposal to pay Division I football players $300 a game for expenses on top of the full scholarships the players already receive. Spurrier’s plan calls for the $300 a game pay day for the players be paid out of the coaches’ pockets.

Rachel George of the Orland Sentinel quoted Spurrier:

“I just wish there was a way to get our players a little piece of the pie. It’s so huge right now,” he said. “As you know, 50 years ago, there was not any kind of money and players got full scholarships. Now they’re still getting full scholarships and the money’s just in the millions. I don’t know how to get it done. Hopefully there’s a way to give our guys that play football a little piece of the pie.”

On a related note, the New York Times recently ran a story titled “CollegeTeams, Relying on Deception, Undermine Gender Equity”. In the article, Katie Thomas reported that many colleges have “resorted to subterfuge to make it look as if they are offering more spots to women.”

Thomas reported:

But as women have grown to 57 percent of American colleges’ enrollment, athletic programs have increasingly struggled to field a proportional number of female athletes. And instead of pouring money into new women’s teams or trimming the rosters of prized football teams, many colleges are turning to a sleight of hand known as roster management. According to a review of public records from more than 20 colleges and universities by The New York Times, and an analysis of federal participation statistics from all 345 institutions in N.C.A.A. Division I — the highest level of college sports — many are padding women’s team rosters with underqualified, even unwitting, athletes. They are counting male practice players as women. And they are trimming the rosters of men’s teams.

Highly Selective Colleges Admission Bias

In David Leonhardt’s recent New York Times article “Top Colleges, Largely for the Elite” he reports that whether you “like it or not” highly selective colleges “have outsize influence on American society. So their admissions policies don’t matter just to high school seniors; they’re a matter of national interest.”

Leonhardt reports on a conversation he had with Anthony Marx, the president of Amherst College.

When we spoke recently, he mentioned a Georgetown University study of the class of 2010 at the country’s 193 most selective colleges. As entering freshmen, only 15 percent of students came from the bottom half of the income distribution. Sixty-seven percent came from the highest-earning fourth of the distribution. These statistics mean that on many campuses affluent students outnumber middle-class students.

“We claim to be part of the American dream and of a system based on merit and opportunity and talent,” Mr. Marx says. “Yet if at the top places, two-thirds of the students come from the top quartile and only 5 percent come from the bottom quartile, then we are actually part of the problem of the growing economic divide rather than part of the solution.”

Laura Stamplar also examined the admission policies of highly selective colleges in her article “Affirmative Action for the Rich: Legacy Preferences in College Admissions” for The Nation.

Stamplar asks in her article:

But what if the extra hours of test prep, perfected essays and community service projects count less than anticipated because many of those prized acceptance letters are already signed, sealed and spoken for based on criteria unrelated to achievement or diversity?

Instead, many of those acceptance letters are going to legacy students who are awarded an additional 160 SAT points (on the former 1600 SAT point scale) to their SAT score. The reason for the bump in their SAT scores is merely for being a legacy student.

Online Degree Bias

Is there bias by potential employers against  hiring online degree holders? According to a literature review titled “Employer Perceptions of Online Degrees: A Literature Review” by Norina L. Columbaro of Cleveland State University and Catherine H. Monaghan, Ph.D., of Cleveland State University, the answer is yes but changing over time.

According to the literature review, in a study conducted by Adams and DeFleur in 2006 about the perceptions about online bachelor’s degrees in the entry level hiring process, 96 percent of hiring executives “indicated that they would choose the candidate with a traditional degree” .

Furthermore, the authors of the literature review explained:

Finally, Seibold’s (2007) qualitative study included gatekeepers from five different industries: “telecommunications, data systems, insurance, finance and rental businesses” (p. 32). She suggests that, even with the increase of online degrees and students and nearly a decade of research, perceptions still exist in the hiring process that traditional degrees are superior to online degrees, although hybrids are gaining acceptability. However, she maintains, “…whatever the state of opinion held today, it is clear that personal experience with online education [on the part of the gatekeeper] had positively influenced the perceptions of those involved in this study” (Seibold, 2007, p. 54).

Background Reading

Paying for Athletes

http://www.chicagobreakingsports.com/sports/os-steve-spurrier-paying-players-20110601,0,7325283.story
http://content.usatoday.com/communities/campusrivalry/post/2011/06/steve-spurrier-sec-paying-players-proposal/1

http://www.nytimes.com/2011/04/26/sports/26titleix.html?_r=2&hp

Elite College Bias

NY times: Top Colleges, Largely for the elite

http://www.nytimes.com/2011/05/25/business/economy/25leonhardt.html?_r=3&pagewanted=2&src=ISMR_HP_LO_MST_FB
http://www.thenation.com/blog/155045/affirmative-action-rich-legacy-preferences-college-admissions

http://www.fair.org/index.php?page=1442

http://diverseeducation.com/article/10530/

Online Degree Bias

http://elearningtech.blogspot.com/2010/01/value-of-online-degree.html

http://www.westga.edu/~distance/ojdla/spring121/columbaro121.html

New to Twitter?

In order to participate in the chat, attendees will need to have a Twitter account.  To sign up for a Twitter account, go to http:// twitter.com. The easiest way to follow the chat is to use TweetChat (http://tweetchat.com). Simply log in to TweetChat with your Twitter information (email or username followed by password) and then enter in CollegeChat without the “#” and you will be placed into the chat room with only those participating in #CollegeChat. More detailed information about signing up for Twitter and using TweetChat can be found at http://pathwaypr.com/how-to-participate-in-a-twitter-chat .

About #CollegeChat

#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat, by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. CollegeChat can also be found on Twitter at http://Twitter.com/collegechat.

 

 

Transcript: College Students’ Mental Health Issues & AD/HD

Recognizing Mental Health and Learning Disability Issues in College Students on May 3, 2011 #CollegeChat

Dr. Susan Fletcher, Ph.D., a practicing psychologist and expert in the fields of AD/HD, learning disabilities, emotional intelligence and relationships, will discuss how to recognize common mental health disorders, including depression and alcohol use, as well as learning disabilities that exhibit for the first time during college, on #CollegeChat, Tuesday, May 3, 2011 at 9 p.m. Eastern. Dr. Fletcher is the founder of Fletcher & Associates Psychological Services, P.A.

During #CollegeChat, Dr. Fletcher, http://twitter.com/#!/SmartZonePhD , will discuss with attendees:

  • What are the most common psychological issues to show up in college students?
  • Why do these issues present during college? Are there specific triggers?
  • Why is there in increase in depression and anxiety disorders in college?
  • Are colleges equipped to deal with these disorders? How can students get help?
  • Why is there an increase in college age suicides? What can be done to prevent them?
  • Are self-injurious behaviors also on the rise?  What are the symptoms?
  • Is AD/HD increasing in college aged students? Why does it appear for the first time for some while in college?
  • How can students get tested for AD/HD if they suspect that they might have it?
  • How can AD/HD be managed effectively?

Susan Fletcher, Ph.D. is a practicing psychologist and expert in the field of AD/HD, learning disabilities, emotional intelligence and relationships. Susan began her education at the University of Florida where she earned her undergraduate degree in Health and Human Performance.  She then went on to earn a Masters in Counseling Psychology and her Ph.D. from Texas Woman’s University.  After a few years in private practice, Susan switched gears to work with Dr. Phil McGraw (Dr. Phil) as a litigation specialist on high-profile cases, assisting in the production of mock trials, preparing expert witnesses and assisting in jury selection.  Susan is a frequent television news program guest and is quoted frequently in national magazines.  She has been in private practice for almost 20 years. Dr. Fletcher is using the innovative Quotient ADHD System to aid in the diagnosis and management of AD/HD in her patients.  The Quotient is the first FDA-cleared objective test for ADHD.

About #CollegeChat

#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. #CollegeChat takes place on the first and third Tuesday of the month at 6 p.m. PST/ 9 p.m. EST. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat , by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. More detailed information about signing up for Twitter and participating in #Collegechat  can be found at  http://pathwaypr.com/how-to-participate-in-a-twitter-chat .CollegeChat can also be found on Twitter at http://Twitter.com/collegechat .

Transcript: Deciding Which College to Attend

How to Decide Which College to Attend on April 19th #CollegeChat


Creative Commons License photo credit: eflon

College and graduate school admissions expert Janson Woodlee will provide tips for college bound students to consider for making their final college selection during #CollegeChat on Twitter Monday, April 4, 2011 at 9 p.m. EST. Woodlee is also one of the founders of Ivy Eyes Editing, a writing and admissions consultancy founded by Yale graduates.

During #CollegeChat, Woodlee  http://twitter.com/#!/ivyeyesediting will discuss with attendees:

  • Do wait lists benefit the students or the admissions offices? What are the chances this will be effective?
  • Can being on a waitlist affect your financial aid chances if admitted?
  • Why is it important to consider graduation rates?
  • How important should college rankings be in your final decision?
  • Should you consider being deferred for a year or two from your top pick or is it time to move on?
  • Is it ethical to give more than one school a deposit? Are you risking any consequences?
  • How much should you be willing to go into debt as an undergraduate?
  • What if you didn’t get into your dream school?  Should you go to a junior college and then reapply?
  • How do you get excited about a college that wasn’t one of your top picks?

Woodlee graduated from Yale University with a BA in music, with heavy emphasis on coursework within the cognitive science discipline. After graduation, he worked with Katzenbach Partners LLC (now part of Booz), an organizational and management consulting firm in New York City. At Katzenbach, he found ways to leverage his skills as an editor within the recruiting function and business development. After working with several premiere online editing and admissions consulting services, he launched Ivy Eyes Editing a company that prides itself on true client collaboration, authentic writing couched in admissions expertise, and intellectual challenge.

About #CollegeChat

#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. #CollegeChat takes place on the first and third Tuesday of the month at 6 p.m. PST/ 9 p.m. EST. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat , by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. More detailed information about signing up for Twitter and participating in #Collegechat  can be found at  http://pathwaypr.com/how-to-participate-in-a-twitter-chat .CollegeChat can also be found on Twitter at http://Twitter.com/collegechat .