August 22, 2014: Education News We're Reading This Week

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August 22, 2014—Here is what’s new in education news this week.

Private colleges typically rank higher than state-run universities says The Huffington Post’s Scott Weingold. He continues, that the difference between a school’s “sticker price” and what a family will actually pay—determined largely by free gift-aid granted by private institutions—can be quite significant. All of this to say: sending your child to a private institution can actually cost less than some state universities.

Starting college in a few weeks? Want to begin making prudent financial decisions but don’t know where to start? Read as nine financial gurus—labeled ‘The Experts’ by The Wall Street Journal—have their say in “Financial Advice for College Freshman.”

Higher education blog On Campus reiterates previous research about text message reminders for students who may otherwise forget to reapply for financial aid. This could be a great tactic to boost college enrollment, the article suggests.

Also on our blog: Dissertation Fellow Researches Text Message Reminders and Financial Aid

The National Center for Education Statistics has released a study confirming what many have suspected about college students transferring to a new school. The U.S. Department of Education discovered that nearly 40 percent of transfer students received no credit during their transition, and on average students lost around 13 credits. Article by The Hechinger Report.

Research suggests that in 2014 more than 90 percent of teens plan on or currently are saving for college. Forbes was curious how they planned to save—here is what they discovered by asking three recent high school grads, two high school seniors, their parents, and senior financial planner David Blaylock.

“First-generation college students have less emotional, informational and financial support from their parents than their continuing-generation counterparts,” says a new article in U.S. News & World Report. Read more about the significant challenges first-generation students face, as well as how schools such as Northeastern and Tufts are “filling the support gap,” in this piece by Rebecca Strong.

Check out this slideshow from Business Insider that lists the immediate post-graduate experiences of 17 of the world’s greatest and most successful figures, including Albert Einstein, Hillary Clinton, and Angela Merkel.