Jerilyn Klein Bier from the Financial Advisor Magazine recently quoted Fred Amrein in her article titled, “College Smarts”. In this August, 2015 article, the author discusses the current stress of the college admission race. Jerilyn Klein Bier discusses the length families go to get an extra edge during this admission process.
Fred is one of three college experts who give insights into some strategies for college selection and paying for college. One tip in the College Smarts article suggests families review the “best value” list compiled by U. S News. We also suggest families look at the college ranking list compiled by Money Magazine which we reviewed in our blog article titled “Money Magazine’s College Ranking System”. The more information a family has the easier college value and college affordability can be compared.
The author also commented on EFC PLUS, the college planning financial software of College Affordability LLC in this article. If you are unfamiliar with this tool it can help can help families in the selection process by allowing them to easily compare 20 colleges at one time and calculates the four-year estimated cost of each college. The tool also allows families to put their actual award letter into the system and it then recalculates the four-year estimated expenses. Families get a great insight into graduation debt in the beginning of the process instead of being surprised at graduation.
Enjoy the article. Hope it helps in your college selection list.