Ebook Making College Pay: Strategies for Choosing Wisely, Doing Well & Maximizing Your Return, by Alice C. Stewart, Fran Stewart
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Making College Pay: Strategies for Choosing Wisely, Doing Well & Maximizing Your Return, by Alice C. Stewart, Fran Stewart
Ebook Making College Pay: Strategies for Choosing Wisely, Doing Well & Maximizing Your Return, by Alice C. Stewart, Fran Stewart
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If you have heard the phrase knowledge economy, then you already know why the decision to go to college is different today than it was a generation ago. But most advice about college hasn't changed to keep up with the times. There is a dark side to the oversimplified message about the importance and value of college. This book helps you gain the understanding and perspective you need to make choices that maximize the return on your college investment. That means making choices that focus on three goals: minimizing college costs, increasing marketability, and improving your likelihood of graduating. Making College Pay helps you evaluate colleges based on four key characteristics, get a better understanding of the real cost of attending college, estimate how long it will take for you to see any payback on your education investment; gain the skills that will set you apart in the job market; and improve your odds of success.
- Sales Rank: #2496956 in Books
- Brand: Brand: Eagle Creek Press
- Published on: 2011-05-27
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 9.94" h x .50" w x 7.00" l, 1.00 pounds
- Binding: Paperback
- 224 pages
- Used Book in Good Condition
Review
ForeWord Clarion Review - Five Stars (out of Five)
High school seniors and their parents put a lot of money, time, and effort into choosing a college, and there are plenty of books available that give advice on how to dress up a high school transcript or college application, or how to maximize financial aid awards. But Alice C. Stewart and Fran Stewart have staked new ground with their excellent and insightful book Making College Pay: Strategies for Choosing Wisely, Doing Well & Maximizing Your Return. In contrast to many other "choosing a college" books, instead of detailed advice on how to get into "the best college," the Stewarts reframe the goal as choosing "the best college for you." The Stewarts look at college as an investment, one that will not only affect the future of the student but also, just as importantly, the future of the family - including the parents who may be footing the bill. The case studies discussed make it clear that the college decision can have a positive or negative impact that reverberates for years after graduation. To better navigate through the options, the Stewarts provide a more objective college selection tool than the campus tours or guidance counselor discussions on which many students base their decisions. This tool - the College Payback Ratio, or CPR - gives a clear picture of the costs of attending different schools, amortized over time. The authors know their subject well, and it shows. Alice C. Stewart holds a PhD and spent five years as The Ohio State University's Director of Strategic Analysis and Planning, and currently teaches strategy and management at North Carolina Agricultural and Technical State University. Fran Stewart has written about personal finance issues for the Cleveland Plain Dealer, and was a founder of College 101, a magazine for Ohio high school students. The book's format is similar to the "Idiot's Guide" or "Dummies" self-help books, but the content is anything but dumbed down. Some of the Stewarts' advice might go against conventional wisdom, but they make a compelling case. When discussing "selectivity" - a term known to many prospective college students due in large part to the famous (or infamous) rankings of U.S. News' World Report and other publications - the authors point out that "It's good to be challenged academically, but it's better to be in an academic environment where you have a chance to shine." Citing a shocking statistic that only 57% of students enrolling full time at a four-year college actually graduate within six years, they further explain that the single most important factor in making a college investment pay off is earning the degree, and that without getting to that final goal, all the time and money spent on studying and tuition is wasted. Making College Pay could be the most valuable college book on the market - required reading for any student considering college and for their families as well. --Peter Dabbene, ForeWord Reviews
About the Author
Alice C. Stewart (PhD, University of North Carolina-Chapel Hill) has been teaching business strategy at colleges and universities for almost thirty years. During her five years as director of strategic analysis and planning at The Ohio State University, Alice identifies some of the underlying tensions universities face as they transition to institutions with higher student demand and higher expectations for economic impact and organizational accountability. In 2011, Alice's ability to articulate a new vision for business education was rewarded with first place and a $50,000 prize in the Ideas to Innovation challenge, a global competition sponsored by the Graduate Management Admission Council. Fran Stewart is a Cleveland-area writer, editor, and designer. She has spent more than fifteen years working for newspapers, including the Cleveland Plain Dealer, where she wrote about personal finance issues. She has written in the areas of economic development, public policy, and urban issues, her first book, In Their Path: A Grandmother's 519-Mile Underground Railroad Walk, examined Ohio's abolitionist history.
Fran Stewart is a Cleveland-area writer, editor and designer. She has spent more than 15 years working for newspapers, including the Cleveland Plain Dealer, where she wrote about personal finance issues. That's when she began to explore college choice in terms of its return on investment. In 2006, Fran helped found College 101, a twice yearly magazine for Ohio high school students. She has written in the areas of economic development, public policy and urban issues and has worked on projects for the State of Ohio, universities, a Cleveland-area think tank, a variety of non-profit organizations and the U.S. Department of Housing and Urban Development. Her first book, In Their Path: A Grandmother's 519-Mile Underground Railroad Walk, examined Ohio's abolitionist history. She is a founding member of Restore Cleveland Hope, a non-profit organization dedicated to saving a local historic building and highlighting Cleveland's Underground Railroad past.
Most helpful customer reviews
3 of 3 people found the following review helpful.
A Must Read for College Bound!
By S. Thomas
For years I have been worried about the rising costs of college and the difficult decisions our family would face when the time came to choose a college. Fortunately, we found Making College Pay. Making College Pay by Stewart & Stewart has the information our family needs to make the tough choices. Making College Pay addresses the cost of college, while providing facts necessary to asses the value of a degree and dept ratio. This book has valuable statistics I have not seen anywhere else, it cuts through all the hype and offers choices that we did not know existed. Making College Pay asks the questions that help you find the answers that are right for your student and the family. This book is a must read for both parents and students!
2 of 2 people found the following review helpful.
Very practical information
By TomB
This book has great information for parents with high school students. Not only does it help you prepare you for those college visits, it also makes you think about the decisison on more than an emotional level. With college being such a huge investment, I wanted to do more research in how to make that investment. This book gave great suggestions for my sons and will help greatly in making the decision for college. I was shocked to read that not finishing college is more costly to a child's future than not going at all. I also loved the worksheets, which make a lot of sense. It made me realize, we really need to do more logical research on college and this book provides a guide to do that. College is a huge decision and this book will help our family make our decision more easily.
0 of 0 people found the following review helpful.
Think of it as the "cheat codes" for dealing with the college choice game
By Alicia B.
First of all, let me echo the above reviewers in saying that this book is easy to read--so high school students can get tips even if just flipping through it. But it is also written for the parents who are looking at a huge expense for getting one or more kids through college. If we thought of college admissions officials more as salesmen rather than as counselors on our child's side, we'd probably be more careful in letting ourselves and our newly-majority-aged kids buy into the financial fast talk that colleges put out. In every section, from choosing a major to choosing a college to choosing how to pay, there is a back story with information that most parents (and probably all students) are not aware of. For example--many students and parents take on much higher debt burdens to pay for college than is reported by official sources. Student loan debts of $40,000 or more are not unusual, and that does not include parent debt--such as through home equity loans and credit cards. This book gives parents and students the tools to avoid unnecessary debt and still get a good college value. In addition, there is a discussion for students in how to manage their time productively, in spite of all the attractions and distractions that college offers. Other options for financing education--including two-year degrees, certificate options, apprenticeships, and other opportunities, are also discussed.
This book is valuable for students and parents who are trying to navigate the perplexities of college choice and financing.
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