financial aid Archives

April 20, 2021by Mark Hofer Mark Hofer No Comments

I Did vs. I Can’t

One student wrote, “I couldn’t do anything.”

Another student said, “I did this,” and quickly outlined five things they made and did over the last year, enthusiastically adding details about what they learned in the process.

Which student do you think was accepted to more colleges and provided more financial aid?

The year of 2020 – 2021 was a year of challenges and hopefully many changes in perspective. I have worked with teens for over twenty-five years, and they are my continuous and highly vocal barometer of social trends, the incoming cultural perspective, parenting standards, and fervent offerings of the current “song of my generation” – Pursuit of Happiness by Kid Cudi, seriously? Teens are amazing, when they want to be. I have witnessed this often. However, this past year has provided teens (and parents) with a blatant choice to seize this odd period and seek out treasure—or gravitate towards the human default statement: “I can’t.”

I have seen more teens flush more time down the toilet in the past year because of one thing—apathy. While NetFlix and Forge of Empires are definitely part of the equation, apathy is the driving variable. In its most basic definition, apathy is the mental default to laziness and pessimism. Conversely, I have seen an equal number of students discover more about “learning more with less” than ever before. More than ever—and now buoyed by the evidence I have witnessed this past year—it is clear that the “apathy vs. intellectual resourcefulness” behavior is not genetic; it is learned.

While Carol Dweck opened the conversation about growth-mindset, I think there is much more value in helping students develop curiosity and gumption…and embrace a good failure now and again. Failure can be solid evidence for the pursuit of a worthy challenge, and gumption. One good failure is much better than a year of “I couldn’t.” Fail forward. Communicate learning and growth. Dare to look and be foolish.

I don’t like to frame everything for teens around college applications, or even education. That only diminishes self-driven and curious learners who later become thoughtful and intentional voters. However, I take great joy in helping students showcase their character, skills, interests, and talents in pursuit of higher education and financial support. And while colleges require evidence for academic challenge and metrics of success, good schools increasingly value and reward curiosity, gumption, and even failure.

Most college admissions representatives are authentically open about what they look for in applicants and applications. While they admit being held hostage to metrics such as GPA and test scores, the best of them will openly admit they are human. They want to find a diamond. They want to champion the underdog. And they admit, a student who “did something” gains more empathy than one who “couldn’t do anything” every time. A student who can clearly and convincingly communicate what they learned when failing to create a sourdough bake bread starter, building a loom, creating a YouTube channel, starting an Etsy business, taking the free Harvard CS50 class online, or toilet training their cat, is going to gain more empathy and support in the evaluation and admission process than a student who announces, unapologetically, “I couldn’t do anything.” Carpe diem.

For those who want to be a student who says “I did,” or help support one:

August 6, 2020by Mark Hofer Mark Hofer No Comments

Commencement for 2020

Congratulations, you have graduated. Your academic achievements are documented and you have attained a level of understanding and mastery that is recognized…by someone. Your parents are thrilled. Your relatives are impressed. You, however, are confused. What about graduation? Where is the party? Where are the jobs you were promised?

After years in academic isolation and having only to focus on the next test, paper, project, party, or quiz, you are now free to roam about life as you please. That is, if you can find a job. If you can pay rent, bills, and be able to put food on the table—the world is now your oyster. Carpe diem.

But wait, what about these student loans: numbers that seemed so inconsequential four and a half years ago and were associated with words such as subsidized and unsubsidized, compound interest, and accruing. Surely the stock market will continue to grow and the economy soar, it has for as long as you can remember, right? Why would anything change? But then, everything changed. In one month—everything changed.

No last semester. No graduation, celebrations, or good-byes to professors, friends, and fellow graduates. Internships and jobs just disappeared. But loans don’t care, and they don’t disappear. Why didn’t someone tell you about all these loans? Sure they talked about minimizing student loan debt. Sure they mentioned that any debt accrued translates into a lifestyle assumed. But why would you listen? These issues were four and a half years in the future and everyone appeared to be making six figures the day after graduation. And then, they weren’t.

When your path to adulthood only knows a strong economy and increasing prosperity, it is hard to imagine anything different. How can you be expected to prepare for something you have never experienced? Is this why your grandparents save twist ties, reuse tea bags, save containers, reuse everything, and seem to actually know thier neighbors? Now, after months of shelter in place, mandatory masks, and a very unsure future—old people’s strange habits are starting to make sense.

There were financial recessions in 1981, 1991, 2001, again in 2008, and now in 2020. Any card-counting gambler would suggest there is a trend. One might argue that this recession was caused by unprecedented forces, but so were the dot-com bubble, and the mortgage and financial crisis. The point is, recessions happen, and we should train our children to prepare for them. But humans are shamelessly optimistic to a fault and want to believe in an endless parade of unicorns. This, unfortunately, has not prepared our 2020 graduates for the current perfect storm—a 25% increase in the cost of college since the 2008 recession, an average student loan debt of over $35,000, and an unemployment rate steadily climbing above 15% as they received their diplomas.

As an educational planner I see this current situation as an opportunity to do something valuable as we recover from the impacts of COVID-19. As a nation we can hit the reset button and reflect on how we value education and its relationship to college debt. Are we doing our children a favor by pushing them into increasing levels of obscene debt, or worse, are parents taking on a financial burden that is unsustainable?

I leverage two simple questions when I work with students and their families as we identify the best possible college for them. Why? and What?—Why do you want to go to college? and What do you want to learn or do while you are there? Is your goal to take on huge debt and graduate with a degree that you probably won’t use from a college that is known to everyone? By the debt levels of 2020 graduates and their families, you would think this was paramount. But with history as a guide and prudence to harness the unicorns, we can do better. We have to do better.

Be a bad cop, a benevolent dictator, the devil’s advocate. Have “the talk” with your teens about compounding interest, and that debt dictates your lifestyle. Rein in the butterflies and rainbows just a little bit. Explain the pay-offs to studying and well-used time, and model those habits. As an educator I can tell you, teens are incredibly observant, even if you don’t see it. Confidently explain to teens that they can be exposed to the same information at almost every college or university, but how they choose to understand and use that information is up to them. Information is tuition blind. And most importantly, explain the value in preparing for a rainy day and making appropriate choices now, because the recession of 2030 is coming.

April 3, 2020by Mark Hofer Mark Hofer No Comments

Professing vs. Teaching

As an educational planner I work with teens who are contemplating their next important academic and life step, college. We work diligently—sometimes for years—to identify the college experience they want and the types of programs and opportunities they hope to experience. Much of our time is spent qualifying important college attributes such as school size, location, programs, classes, and school culture. But there is one salient school attribute that we rarely discuss: professors, and the quality of their teaching.

Doesn’t that seem backwards?

First, there is a vast difference between professing and teaching. Most high school teachers—especially those who are Nationally Certified—have rigorously trained in and practiced practical pedagogy skills. Often, college professors have little or no training or background for effectively conveying information or how to authentically assesses a student’s understanding of information. This isn’t the fault of professors, most were hired because they are effective researchers, not teachers. High school students do not realize this…until they get to college. Shifting the responsibilities for understanding information from the teacher (in high school) to the student (in college) can be a shocking and unexpected revelation for many college freshman.

In addition to acquiring academic and practical experience, one would think—possibly even assume—that college professors must also have a background in cognitive development, teaching models and methodology, curriculum design, and even authentic evaluation with rubric/syllabus design. They have a position of great influence and power over the development and future paths of hundreds, if not thousands, of students. Surely, they have been trained in the craft of teaching and learning, right? This is actually quite rare. Ask any college student, especially those who attend large research universities. Some schools, however, have professors that are much more prepared to, and invested in, effectively sharing their expertise, experience, and understanding with students. This invaluable and important quality should be at least as valuable as the quality of the dorms and variety of cuisine, shouldn’t it?

I provide students and families with a “College Tour Tip Sheet,” that includes who to talk to and questions to ask. These questions are specifically developed to tease out the culture, rigor, and attributes of a school. However, I have recently added a few questions to my list for students and families to ask students on campus:

How many of your classes are taught by professors, rather than assistants?
How many of your professors have you spoken with personally?
Do your professors appear to have an authentic interest in your education?
How many professors do you think know your name?
Do your professors actually care about you and your growth as an academic and person?

In many cases, professors are researchers first, and mold students’ minds second—sometimes, far second. Many talented and passionate researchers are pressed to lecture and may even resent having to spend time away from what they love. For that reason, lectures, preparation, and students’ learning and understanding are not a priority. And, at some schools, professors are not required to take vested interest in student academic success. However, this highly significant variable in student learning, understanding, growth, and progress is rarely discussed in the college identification and application process.

Although there are many resources for knowing tuition, financial aid metrics, numbers of campus clubs, and even school traditions, there are few reliable measures of professor effectiveness available to students searching for colleges to effectively prepare them for the world. While there are some reliable resources that accumulate and aggregate students’ evaluations of professors (e.g. Niche.com), these are first order approximations at best. In order to get real feedback about professors requires a real conversation with students. This is just one more important reason to tour college campuses and talk with end users (students) about the product (education) they are receiving.