College Financial Aid is a 1.9T dollar industry. And student debt is no longer a dischargeable expense. Most parents will do what they have to in order to get their kids into a good school. Many such parents started saving when the child was young, likely through a 529 plan. But just being able to pay for it is less than 25% of the fight. The real fight is doing what is right, when it is right, in order to get the child admitted to the right school for them.
And yet, many children don’t actively involve their parents when they’re looking for which college to apply to. The reason sounds familiar to many parents – the child is more concerned with the nature of the college experience, rather than the right type of school for him or her-. Notwithstanding, there are a few ways parents can directly involve themselves in their child’s college decision-making process. After all, parents don’t want thousands of dollars going to waste, just so that his/her kid can enjoy, albeit, good parties.
Use Questions over Imposition
Most kids have a general idea of what they want to study, but when carefully asked, it becomes apparent they are at a loss. The smartest thing a parent can do at this juncture is to ask questions. Is there a particular environment that you’re looking for? Do you want to remain within the state or do you want to find a college out of state? Would a public school be more suitable or will private school serve you better? Are there any activities, clubs or athletics in which you have an interest that may help distinguish one school from another?
Don’t Use the “Here is What I Would Do” Statement
Parents generally take it upon themselves to speak to children in the first person. It’s more useful for the child if a parent holds back the “this is what I would do” comment and carefully guides the child on an analytic journey.
Parents generally take it upon themselves to speak to children in the first person. It’s more useful for the child if a parent holds back the “this is what I would do” comment and carefully guides the child on an analytic journey.
Download myKlovr
Founded by legendary investment banker Gustavo Gabriel Dolfino, myKlovr is an artificial intelligence enabled virtual college advisor that helps students and parents break down the college finding, preparation, application and financing process, all under one roof. The Company, established in New York in 2016, is the first-of-its-kind virtual college counseling platform that utilizes predictive data analytics and artificial intelligence to increase every high school student’s chances of college admission. It uses the best tools and resources available to help the child be fully prepared for the college admissions process. MyKlovr employs Personalized Artificial Intelligence Recommendations to guide both parents and children every step of the way. And at less than $250 per year, it is a bargain, when compared to the cost of a counselor which ranges from $5000 to $100,000, depending on what you are looking for, and where you are located. And with their money back guarantee, you can’t lose. We can’t emphasize this app enough.