Author Archive | Lynn O'Shaughnessy

Mythical Golden Tickets and the Ivy League

Affluent parents and teenagers often believe that “golden tickets” are plentiful if you attend an elite university and preferably one of the Ivies. Earn a bachelor’s degree from a place like Harvard, Princeton or Stanford and job opportunities will magically appear. Equally important, conventional wisdom suggests that unless smart, ambitious students graduate from one of […]

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15 Things to Know About U.S. News’ College Rankings

While U.S. News and World Report’s college rankings are wildly popular, few families know much about how they are created. Before you place too much faith in U.S. News’ college rankings, here are 15 things that you should know about them. 1. U.S. News relies on rankings to stay alive. U.S. News’ college rankings wields […]

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Getting Rejected From Elite Universities

This is the time of year when elite universities, which have kept applicants in suspense for months, notify teenagers of their admission decisions. Most of these applicants are going to be terribly disappointed, but I want to EMPHASIZE that the majority of teenagers get into their first choice school. (They can’t always afford to go […]

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How Home Equity Impacts Financial Aid

Have you given any thought to how home equity might hurt your child’s chances for financial aid? Luckily, at most state and private colleges and universities, the equity in your primary home is a non-issue. That’s because most schools only require families to complete the FAFSA (Free Application for Federal Student Aid) when applying for […]

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Searching for Colleges by Price Tag

College price tags are meaningless. Most students do not pay full tuition price for college. That said, paying attention to college prices can be extremely helpful in making college more affordable. Here’s a simple example: Getting a $20,000-a-year merit scholarship from a school that has a published price of $45,000 will obviously make a college […]

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What’s Critical in a College Admission Checklist

Using  a college admission checklist is critical when your child is applying to colleges and universities. Allowing  a teenager to apply to any colleges without a solid game plan can be a financial and academic disaster. In fact, ignoring advance planning is one reason why ONE OUT OF THREE students who start at four-year universities […]

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