Laurel Stiller’s Post

New results are in from the typical financial aid optimization analysis that SightLine performs with university customers annually. We are seeing some consistent changes across institutions that provide additional evidence of the changing higher-ed market. We are sharing an analysis comparing the impact of out-of-pocket cost, or direct cost for students, on enrollment behavior year over year. It looks like student price sensitivity continues to increase, but the good news is that our customers continue to see increases in enrollment through our more targeted strategic scholarships! #highered #enrollment #students https://lnkd.in/gi8cXYHn

As student debt continues to affect millions of Americans and debates about the value of postsecondary education pick up, "college and #careerreadiness" no longer works as the primary measure of success. Read this article by The74 to learn more about this and the report that we released with Education Strategy Group. https://bit.ly/3L94cu9

"Why 'A' Students Work for 'C' Students and 'B' Students Work for the Government The title Why "A" Students Work for "C" Students and "B" Students Work for the Government is a book by Robert Kiyosaki. It explores concepts around traditional education and financial success, challenging conventional ideas about how academic performance correlates with real-world achievements. Here's an overview of the key ideas:- 1. Traditional Education and Real-Life Skills Kiyosaki argues that schools focus heavily on teaching students to be good employees rather than entrepreneurs or investors. "A" students often excel within the structure of traditional education but may lack practical financial skills or entrepreneurial thinking. "B" students, who are competent but not overly ambitious, may gravitate toward stable government or corporate jobs. "C" students, often seen as less academically gifted, may take unconventional paths, focusing on risk-taking and creative problem-solving, which are key traits for entrepreneurs. The Importance of Financial Literacy The book emphasizes the value of financial education, which is often neglected in schools. It argues that understanding money, investments, and entrepreneurship is more critical for long-term success than memorizing academic facts. Entrepreneurial Spirit Many "C" students take calculated risks, pursue their passions, and build businesses, often employing "A" students who seek job security and steady income. The book highlights how these risk-takers use their street smarts and adaptability to succeed. Challenges of Conformity Kiyosaki critiques the traditional career path of getting good grades, going to a good school, and landing a stable job. He encourages readers to think outside the box and take ownership of their financial future. Key Takeaways Success is not solely determined by academic performance but by practical skills, adaptability, and mindset. Investing in financial literacy and developing entrepreneurial skills are essential. Questioning societal norms about education and career paths can lead to alternative routes to success. This book is a continuation of Kiyosaki's Rich Dad Poor Dad philosophy, emphasizing financial independence and the mindset required to achieve it. If you're interested in personal finance and entrepreneurship, it's a thought-provoking read.

College Pulse surveyed students' credit information and saw that well under 50% complete 30 credits in their first year... immediately impacting the student's ability to complete their program on time right when they step in the door. I'm asked each week about ways to improve enrollment, and while every institution has unique needs, and because of that, here are some high-level ways to increase student credit hours. #highereducation #highered #studentsuccess #college https://lnkd.in/d_jM7TwQ

The inevitable has happened…if your university needs a hand figuring out how to navigate the upcoming fee increase, please contact the experienced consultants at Dataqubed Ltd. The fee increase will not just be about system(s) but will necessarily require thinking about policies, process and communication strategies, transition implementation and supporting mixed economy charging (e.g. continuing vs new students). #dataqubedltd #tuitionfees #studentrecordsystems #studentjourney #studentexperience

In 2024, the landscape of undergraduate student finance is undergoing pivotal changes. These updates are set to impact not only prospective and current students but also the institutions that serve them.  👉 In response to growing calls for making higher education more accessible, we're seeing a significant increase in federal funding for undergraduate programs. This includes an expansion of Pell Grants and other need-based financial aid, aimed at supporting students from lower-income backgrounds. For students, this means more opportunities for financial support.  👉 With the economic challenges of recent years, many institutions are reevaluating their tuition fee structures. Some are moving towards a more transparent pricing model, reducing hidden costs and fees. Students should pay close attention to these changes when making their college selections, considering the total cost of their education. 👉 There's an increasing trend of scholarships and corporate sponsorships aimed at supporting students in specific fields of study, particularly in #STEM and emerging technologies. These opportunities not only provide financial relief but also open doors to networking and employment prospects. Students should actively seek out these opportunities, while institutions can play a pivotal role in facilitating connections between students and sponsors. The changes in undergraduate student finance for 2024 present both challenges and opportunities. For students, staying informed and proactive in exploring financial support options is key. For institutions, adapting to these changes means not only adjusting financial aid policies but also rethinking how education is delivered to meet the evolving needs and expectations of students. #CareerMosaic #StudentEnrollment #StudyInUSA #GlobalEducation #UGEnrollment #Undergrad Sallie Mae

📢 Read all about it! How do 163,000 students utilise funding issued via universities? Our 23/24 report uncovers key insights into spending habits and the financial challenges faced by students today. 📝 Dive into the findings, as featured by Wonkhe, here: https://lnkd.in/eZPgvSmv Share your thoughts below—what stood out to you the most?" #PaymentsWithPurpose Payit™

Higher education finance is a daunting and complex topic and I give credit to the author for taking it on. However, I do not think the solution is differential tuition based on the return on investment by major. For price sensitive or loan averse students this type of policy may dissuade them from pursuing a major with a high ROI that is aligned with their interests simply because of price. In addition, at many institutions tuition is a small part of overall cost for students. This strategy also only addresses finance issues for students when really a broader conversation is needed about sustainable financial models for public institutions that keep tuition affordable. There is no easy fix, institutions and policy leaders need to take a hard look at a number of different strategies including financial aid for students and supporting students to afford non-tuition costs.

Do you believe this to be true? "A" students work for "C" students.... I recently saw this image online which is from a book by Robert Kiyosaki, the bestselling author of the book "Rich Dad Poor Dad".  In this book Kiyosaki argues that the qualities fostered by the current educational system, such as obedience and conformity, may not necessarily translate into financial success in the real world. He suggests that those who excel academically, often represented by 'A' students, may lack the entrepreneurial mindset needed to thrive independently, while 'C' students, who may have struggled academically, are often more adept at thinking outside the box and taking risks. The book also delves into the reasons why 'B' students frequently end up in stable government jobs, emphasizing the security and benefits these positions offer compared to the uncertainties of entrepreneurship. Do you agree? Click the link in the comments to Learn More! Broad generalities will never be 100% accurate, but I do believe he makes some good points. I don't know about you, but I rarely use the majority of lessons I was taught in school beyond basic reading/writing/arithmetic.  That's not to say that I believe people shouldn't be taught other subjects but I think the balance of what is actually useful in the "real world" vs what is being taught is out of alignment.  In my opinion a larger emphasis on financial literacy should be included as required subjects as important as calculous, history, and biology. The work I do now is focused on multifamily investing, but at the end of the day the most important part of what I do is determining: What is the level of risk for a particular investment and can I mitigate some or all of the downside What is the maximum I can pay for the asset and still expect a strong return on my investment This type of analysis is the same for many different businesses.  I unfortunately was never taught this information in high school or college. Most people are not.   I had to seek out this education on my own from experienced investors.  Knowing how to read and understand an income and expense statement for a property (often referred to as a T12 in the multifamily world) is vital.  I have spent years refining the way I evaluate deals.  If you would like to learn from my experience, click on the following link in the comments, and you will be sent to a free video where I go into passive multifamily investing in much greater detail. All the best, Sean Hewett #multifamily #multifamilyinvesting #passiveincome #richdadpoordad

The Wallet and Dreams Dilemma In the modern era, education is viewed as the key to success for the younger generation. However, do they truly grasp the magnitude of the costs involved in achieving those dreams? For some students, high-quality education is seen as a worthwhile investment, even if it entails bearing a significant financial burden. On the other hand, many are beginning to question, "Is the high cost truly justified by the long-term benefits?" This question becomes increasingly relevant as the shadow of student debt looms over their future. Parents, who typically shoulder the financial burden of education, often face a similar dilemma. They aspire to provide the best for their children, yet financial constraints frequently force them to reconsider more expensive schools or universities. Amid rising education costs, many families are compelled to make substantial sacrifices in the hope of securing a better future for their children. The pressing issue remains: how far are they willing to go in making these sacrifices? The younger generation, meanwhile, has become more critical in evaluating the value of education. Many are considering alternative paths, such as informal education, online courses, or entering the workforce directly. They are no longer fixated on the notion that a formal degree is the only route to success. This presents a dilemma: are young people truly willing to pay a premium for education, or are they beginning to seek more affordable ways to achieve their dreams?