Get Schooled

By jim d

January 12, 2007 09:14 AM | Link to this

Thanks for the information and the links.

This could possibly lead to my child actually being able to attend his choice school.

We shall see.

By KA

January 12, 2007 09:38 AM | Link to this

Berry College and Mercer University also have scholarships and work-study programs tailored to the financial needs of families. When you start to look at colleges, include a trip to the financial aid advisor. Individual colleges within a university often fund scholarships to incoming freshmen and have also work/study and scholarship competitions during the undergrad years. Georgia Tech has the co-op program which will completely fund college and give the student great work experience. There are many scholarships on the web, offered through companies, offered for descendants of a particular family name, for ethnicity, religious affiliation, the list is very long. It takes some work, but there is money for college available from many sources. Try fastweb.com for one.

By jim d

January 12, 2007 10:46 AM | Link to this

Thanks KA,

Berry is actually his second choice. We will be planning trips to visit a few others as well starting in march. He doesn’t graduate until 08 but we do need to get the ball rolling.

His 3rd choice (UT) was actually less expensive for out of state than emory was for instate and about the same as berry. I don’t know if he’s looked at mercer or if they offer anything leading to a degree in forensics, we’ll have to check it out.

By J.

January 12, 2007 11:09 AM | Link to this

Really happy about what emory is doing however extremely sad that I graduated with at least 50K in debt for the institution…still waiting to reap the benefits of that extremely expensive diploma that is on a shelf in a closet.

By JustMe

January 12, 2007 11:48 AM | Link to this

Duke University (a private school) offers full scholarships to students with minimum gpa, sat, etc. and that come from poor families. I think that some other select private colleges do this as well.

By Blind Homer

January 12, 2007 11:50 AM | Link to this

jim d - Are we talking medical exminer or crime scene examiner? If it’s the latter, Michigan State is a great school for forensic science and Kaplan online is the cheapest. Have to realize that giving away $100-120K in tuition will significantly raise the already tough admission standards. Is jim d junior a 1550 SAT guy?

By Blind Homer

January 12, 2007 11:54 AM | Link to this

You won’t graduate from Harvard with a loan for tuition either but getting in is a little tough. Thee is plenty of money out there, but most of it is reserved for the very best and brightest, as it should be.

By ringo252

January 12, 2007 12:06 PM | Link to this

That’s nice an all, but the problem is that Emory has uses very very fishy calculations for assessing a family’s personal income.

By JD

January 12, 2007 12:11 PM | Link to this

This Emory program is truly revolutionary in the world of higher education. Not even Harvard or any other Ivy League has a similar program that limits debt of students coming from families with income greater than $100,000. Emory Advantage along with the Gates Foundation gift to Emory’s new Global Health Institute is just further proof that Emory is a leading university that is not afraid of blazing new trails.

By Peridot

January 12, 2007 12:42 PM | Link to this

I work at Emory and this is even good news for me. My oldest will be in college in 3 years — even with the Courtesy Scholarship afforded to Emory staff members, costs are still rather steep.

By Noelle

January 12, 2007 12:53 PM | Link to this

Wow, wish they’d had a problem like that when I was in college. I might have been able to attend Oxford College and then Emory, which was one of my top choices. No way we could have afford it, though, even with my high GPA (I was valedictorian) and SAT/ACT scores.

By jim dumond

January 12, 2007 12:58 PM | Link to this

blind,

1780 on his first attempt and wants to do it again because he expected a 2000.

Go figure.

By jim dumond

January 12, 2007 01:00 PM | Link to this

Blind—

I think he’s leaning towards criminal investyigations. But then we enter the speciality fields where my dumb a* gets totally lost.

By John

January 12, 2007 01:04 PM | Link to this

Using supposed financial need to calculate whether a student receives a scholarship and how much he or she receives is wrong. We penalize students because their parents are successful by spending millions of dollars on so called “need based” aid while giving deserving students from successful families little or nothing. All scholarships to all colleges should be based on merit of the student in academics, fine arts, athletics, etc. and nothing more. To do otherwise is immoral and rewards the underachieving families at the expense of those who have worked hard in life.

By Wow

January 12, 2007 01:09 PM | Link to this

John is not Robin Hood!!!!!

By Emory Grad

January 12, 2007 01:10 PM | Link to this

Jim: 1780 probably won’t get you into Emory. It is a very competitive institution and worth EVERY dime.

By OldSchool

January 12, 2007 01:18 PM | Link to this

jim dear, be sure to look into the Academic Common Market. Georgia (the state, not the football bunch) is a member and we saved a pile when our youngest decided to go to MTSU (Middle Tenn). The ACM is for majors that are not offered in your home state but are by schools in the Southeast. It saved us far more money than HOPE would have paid if she had stayed in state.

Best I recall the website is www.sreb.org or something like that…or you can google it. Saving over $10,000 each year is huge!

By jim dumond

January 12, 2007 01:43 PM | Link to this

old school,

I’d have no problem moving to Tn. for his senior year, wife & I have been talking of retiring up there in a couple of years anyway. May just move that date up and look at Vandy.

By fed up

January 12, 2007 01:54 PM | Link to this

I’m with John. My wife and I barely cap 100,000 combined and have three children who will all be in college together for a year. So on 104,000 we are supposed to come up with about $150,000 tuition???

But the guy making a few thousand less than me gets a free ride? Guess I’ll have to tell the boss that I really need to make less when my next review rolls around. I’m just not worth what they pay me now.

I think scholarships should be based on merit alone. Loans can be based on income, but why should my kids be discriminated against because I have busted my tail all my life.

By jim dumond

January 12, 2007 02:10 PM | Link to this

Emory Grad,

first attempt —no coaching and even less studying. I’m confident he can bring it up with but a little effort on his part.

I do know he thought he should have done better and I haven’t said a thing to him about it

By jim dumond

January 12, 2007 02:12 PM | Link to this

fed uo.

Emancipation my friend.

Make them legally adults and let them apply as emancipated students.

By Blind Homer

January 12, 2007 02:13 PM | Link to this

Fed up - Who do you think should pay to educate those three kids you decided to have over four years? What do we want know, middle class entitlement programs? If they’re superior they’ll find money, but just being very good students doesn’t get a lot of money these days. My friend’s kid not only easily got into Tech on the Hope, but picked up enough additional little grants and scholarships to cover his room and board. But he’s creme de la creme, valedictorian, 1600 old SAT, etc. Otherwise, the financial forms determined my friend with a family income just over $100K could afford $28K a year to send the kid to Princeton. Of course, if you’re over $100K you don’t qualify for the Emory plan either.

By Wow

January 12, 2007 02:19 PM | Link to this

Everybobody does not go to school, everyone is not well off, soother factors are incorporated to help everyone have a chance…It is the way of the land…It will not change. Continue to bust your butt, poor parents are too, the middle class is to….It’s many of us who work daily and a paycheck away from being outdoors…Thanks Emory!!!!!

By Blind Homer

January 12, 2007 02:19 PM | Link to this

fed up - The appropriate approach is to let the kids finance their own education through work, scholarships, loans or going to cheaper schools. There’s no discrimination involved, they just don’t have a god-given right to $150K in scholarships. And it would be foolish of you to compromise the retirment you’ve worked for all your life to fund their education.

By Wow

January 12, 2007 02:24 PM | Link to this

Well said Blind Homer….I sure had to pay for my undergraduate…Now I see a trend of parents paying out of their pockets for tuition…I will assist but you best believe my child will have a loan or two…

By Blind Homer

January 12, 2007 02:48 PM | Link to this

wow - I have some specific issues. I would prefer my one and only pass on the Hope and go out of state to get away from her controlling mother. If that happens I will help some, but I’ve already told her mom, scholarships, work and loans should be well explored before coming to me. If she stays in state on the Hope, she won’t need any money from me.

By Wow

January 12, 2007 02:55 PM | Link to this

I feel you Blind Homer…I understand totally!!!! Explore every venue before coming out the pocket from either parent!!!!!!! Times are hard no matter how much you make!!!!! Between taxes and gas….College tuition is a blurr sometimes!!!!

By Wow

January 12, 2007 03:07 PM | Link to this

I have one also and that is it for me because the expenses from birth to 25 is out of this world!!!!! I was not born with a silver spoon….I saw two parent with degrees struggle with four kids…I have a degree with one and I am a single parent and her dad is a grreat dad but it’s hard!!!!!!

By Jay

January 12, 2007 03:07 PM | Link to this

I think this move by Emory will further polarize an already divided campus. In addition to the Northerner/Southerner, Greek/non-Greek, Jew/Christian/Atheist, black/white/Asian, b-school/College, Long Island/everyone else rifts, there will soon be a more prominent rich/poor one. Hopefully I’ll be proven wrong.

By jim dumond

January 12, 2007 03:11 PM | Link to this

Blind,

Whether she stays in state or notIt don’t stop just cause they go to college or get married. Both of my daughters are grown with kids of their own in high school.(oldest grand is 2 years older than my son)

I still get a call now and then when they get in a jam. Sometimes I help—Sometimes I don’t. But thats just part of being a dad.

By jim dumond

January 12, 2007 03:12 PM | Link to this

Jay,

it’s called diversity and should strengthen the establishment.

By Wow

January 12, 2007 03:13 PM | Link to this

Jay isn’t that America though? Republican, democrat, blue collar, white collar, etc……

By Laura

January 12, 2007 03:26 PM | Link to this

Man, where was this 10 years ago when I was in college? I’ve got $36,000 in loans I’ll be paying off for the next 20 years.

By SET

January 12, 2007 04:18 PM | Link to this

This plan is clearly a tuition rebate program. It’s aimed at people dependent on their families - does it cover people without families? (What about Adult re-entry students?) I suppose the school figures that those who’s families make $150K a year don’t need tuition rebates.

What they are doing is offering discounted tuition to applicants from families making less than 100K. Around here that would exclude the child of a prison guard and a nurse (Who often make 100k a yr each w/overtime and easily $150k a yr combined). Or the child of a police officer and a court clerk. Since GA probably doesn’t have the inflated real estate values and paychecks that CA does, maybe the 100K cutoff allows the children of cops and nurses to fit.

The plan is interesting. Chrysler is selling brand new 2006 autos (they have a lot of them on hand) here at 25% off sticker price. Free Market at work in both instances.

The reason our Univ of CA tuition went from Free to $20K + or so a year is that the Taxpayers got tired of subsidizing UC for the children of the rich. By and large the students at UC came from the upper class - and with their degrees they went into $100K salaries - just like cops and nurses - while the taxpayers averaging a fraction of that per year got to pay for it all.

But the colleges have to compete with each other, and our families are quite aware of what the can buy in Canada and other states for the same $$. Maybe we’ll implement a discount/ rebate program also.

By WhatWillBridgetDo?

January 12, 2007 04:32 PM | Link to this

Yet another hard hitting, controversial blog topic. I smell a Pulitzer coming.

PS to Lee: Without knowing the first thing about “JustMe” but knowing all too well the dynamics JustMe talks about, and how they are ruining public education, I’d suggest taking over the class for a week, then passing judgement on alleged “classroom management” issues. But in addition to bringing all your education jargon to the class, you may also want to wear some Depends…I get the feeling anyone that naive about the realities of the classroom is sure to need them.

By IvyGrad

January 12, 2007 06:21 PM | Link to this

They aren’t the first school to institute a program like this. Stanford has something similar for people making under 100k. The Ivy schools pretty much all over need based scholarships and there’s always the outside merit scholarships. If you’re smart enough, doors are always open. It’s just the matter of getting into a school like that.

I think the greater question should be if expensive private schools are worth the huge expense. While Emory’s reputation puts it as the top University in Georgia, there are plenty of other schools with far lesser credentials that charge nearly as much (ie Berry and many of the other 400+ colleges out ther). Also, if you’re considering sending your child off to Emory, make sure it’s for a field where the investment will likely pay off. I wouldn’t consider a degree where the starting salary is much less than tuition as being particularly cost effective when a degree from GT or UGA would likely produce within 5-10% of that income. If you’re concerned about your child’s greater college experience then realize that the tiny variation produced by sending them to a public school vs. a private is more than offset by saddling them w/ 5 figures of debt. If your kid is smart and hardworking, the difference between UGA and Emory will not make a bit of difference and then they can get into whatever grad school they want. If they’re not that smart of hardworking…the school’s reputation won’t help their horrid GPA.

Having gone to a fairly selective private school as well as GT, the difference is in the competition…not the coursework or the professors. Kids on HOPE just don’t have the same drive or pressure to succeed as 40k of tuition and high expectations will produce. Several of my classmates already make close to 500k w/ just an undergrad in their mid 20’s. Although my GT classmates are all doing just fine…I don’t know of any in the position to pay off 6 figures worth of student loan debt within 4-5 years…try that as a Communications major from a school no one’s heard of.

By Lee

January 12, 2007 06:30 PM | Link to this

WWBD, you are correct about one thing, I wouldn’t last 10 minutes in today’s classroom. Last time I checked, there is a law against choking the Principal until he passes out….

By jim d

January 15, 2007 08:17 AM | Link to this

Did anyone else happen to catch the news clip on this, friday evening on Channel 2?

By KA

January 15, 2007 09:17 AM | Link to this

Ivy grad, I agree with your cost benefit comparison for the value of undergrad education at public v. private universities. I would like to add that undergrad students who perform at the highest level in a state’e top public universities will have as many work and postgrad study opportunities available to them as those who graduate from the more expensive Ivy and ‘Southern Ivy’ schools. The top of the class public univ grads are as competitive for posititons as the top of the class Ivy grads. That is because great students go after and work hard for their education. The Ivy colleges are much more selective and admit only students who graduated in the top 10-15% of their classes. Therefore, the Ivy’s entire student body is expected to perform well, because they are all smart! I also agree with you that graduate studies are the time for picking a particular ranked grad school, and spending the extra money on the private school may be a better pay-off. I disagree with your conclusion that students on HOPE don’t work as hard as students paying $30-40k a year in tuition. I know students who were very mediocre students at their expensive schools, and IMO wasted that tuition. And while starting a career is important, money is not the only measure of success after college. Most academic positions and career paths do not have those pay scales. The $500K your former classmates are making now as 20-somethings are more about their career choices and work ethics, not necessarily the result of their Ivy league education and connections. There are many more Ivy grads earning the same as the rest of us who were educated in public universities. I know, because I work with some of them.

By catlady

January 15, 2007 10:17 AM | Link to this

I don’t think emancipation is a viable option; it has to go through all kinds of court hoops, proof, etc. I believe. It isn’t a simple declaration, and colleges don’t care if your folks refuse to pay—you are SOL on making up what they were supposed to contribute.

By Rob Smith

January 15, 2007 11:06 AM | Link to this

Read about Michael Tabb’s Red Rock Global and The Real Chow Baby Restaurant. Do you really want this firm advising Atlanta Public Schools? Read how they ripped off the poor in Miami FL.

Click on this Link Below: http://www.redrockglobal.blogspot.com/

Red Rock Global Real Estate Services…

By jonny10

January 21, 2007 12:32 PM | Link to this