America’s View on College in 2014

College has always been an investment, sometimes too steep for many American families. After the economic crisis in 2008, American parents put saving money for college on the back-burner to funnel money elsewhere. As a result, fewer high school students were going to college and if they did go, then it was financed with student loans.

Luckily, things have changed for the better. A recent study published my Sallie Mae, a company that works closely with student loans, found that college parents now strongly value higher education and want their teens to go to college. Take a look at some of the main findings below: 

  • 89 percent agree that college is an investment in their child’s future.
  • 89 percent believe their child will earn more money with a college degree.
  • 70 percent would send their child to college regardless of ability to earn
  • 90 percent are willing to stretch financially for their child to attain a college education. 

Although these stats prove that college has become a priority for parents, there is one issue that Collegebound Nebraska can help with. The last statistic is too high with 90 percent of parents willing to stretch wallets to make ends meet for college. This where we come in.

As a tuition assistance program, Collegebound Nebraska can provide FREE tuition to qualified students. It’s only a matter of filling out the FAFSA and meeting the qualifications. Visit our website to see what we can do to help you and your parents avoid becoming stretched financially. 

The Perks of College

image

We hear it time and time again, “college will change your life for the better.” There’s no doubt that getting a college degree will provide you with more opportunities, room to travel along a career path and even a better salary than those who aren’t college graduates. However, that’s not the end of the list. The perks of attending college extend beyond what’s constantly said. Take a look at some of the perks of college down below. 

  1. Self-awareness. This might not seem important at this point in time, but it will do you a favor as you mature. Learning more about yourself, your perspective on the world and how you fit into it are fundamental parts of growing up. College will help unfold these thoughts and  ultimately help you grow. 

  2. Independence. Being on your own for the first time is liberating and enlightening. You’ll start to learn how to take care of yourself without being depended on others. The college experience gives you life lessons that are challenging, but easy to catch on to. 

  3. Connections. There’s no way that you won’t leave college without a solid network of connections. You’ll meet professors who are experts in your field and other students who have the same interests as you. What’s even greater is their connections are your connection. 

  4. Humility. At this point, it’s easy to think that you have a grasp on the way this world works. By the time you leave with a college degree, you’ll find that there is much more discover beyond what you already know. College will keep your mind open to new concepts and you’ll be all the better by it. 
College Enrollment: Low-income Students Trail Behind Others

College has always been one of the best ways to work toward a better life with more opportunities. Students from different backgrounds have been encouraged to get a college degree to avoid remaining low-income citizens. However, there are some facts to know about the latest in college enrollment.

Although enrollment among low-income students has gradually increased in the last several decades, it still remains as the lowest percentage. The percentage for high-income students enrolled in college is 81 percent while middle-income students are at 65 percent. Coming in last are the 51 percent of low-income students enrolled in college. 

Despite this fact, low-income student enrollment in college has increased by 20 percent since 1975, which is a great accomplishment. However, it’s up to tuition assistance programs like Collegebound Nebraska to encourage, excite and educate students about college. It’s up to students like you to challenge yourself and use your resources to get that degree! 

College comes with a hefty price tag, but nothing is impossible with Collegebound Nebraska and your commitment to become a graduate. Take a look at our website and explore the many reasons why college is not only possible, but completely necessary. 

Methods of Money Management

Managing money is no walk in the park, but learning how to do it the right way sooner is much better than figuring it out later. Financial matters can quickly turn unfortunate if you aren’t mindful of spending, saving and budgeting. A confident understanding of the three will keep you stress-free and focused on more important parts of your life like college and family.

Here are some methods of money management to remember:

Track Everything:
This might sound tedious, but you’ll find this habit to become instinctual. Try creating categories that represent how you spend your money (food, clothing, bills, etc.) At the end of the day, write down how much you spent in each category to keep track of how you disperse your money. 

Develop a Budget:
Once you’ve caught on to your spending habits, you should create a budget based on them. This is a good way to determine how much you’ll be able to save without harming your budget. Be reasonable about your budget and don’t forget to include bills!

Start an Emergency Fund:
After developing your budget, you can use the money you’re able to save to create an emergency fund a.k.a. your savings account. Using your savings only when you absolutely have to is a good rule of thumb. For a steady rate of savings, you must live with in the means of your budget. 

How to Transition into Life as a College Student

Balance is everything in college. Without it, life can become something like a circus act. You should embrace life as a college student rather than dread it. As a student, you shouldn’t be cramming for exams, skipping sleep and missing those early-morning lectures. Instead you should find balance between school, work, family and your social life. Finding that balance will lift a weight off your shoulders. Here’s what you’ll need to help with your balancing act: 

Calendar
A calendar will help you visualize your responsibilities. Writing it down rather than trying to memorize your daily responsibilities will help you remember everything. Seeing obligations a month, or even a week, in advance helps beat pesky procrastination. 

Prioritization
A 24-hour day can seem a lot shorter once your a college student. Although it may feel like there isn’t enough caffeine on campus to stretch your day, you can solve this issue with prioritization. Determine which tasks need to be done before the others and you’ll find yourself not looking at the clock as much. 

Ability to Multitask 
Multitasking is an excellent way to utilize your time. If you combine your commitments, then you can actually make more time for yourself. Just be sure that you aren’t spreading yourself too thin!

Resources 
When all else fails and you’re feeling overwhelmed, talking to your academic advisor can help shed some light on your problems. Seeking help is necessary as a college student. Don’t be afraid to ask for help. That’s what your advisors and professors are there for.