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## You Wanna Bet?

Warning 1- This blog acknowledges (neither endorsing nor condemning) the existence of gambling/wagering money- often the loss of it.

Warning 2- This blog uses analogies that are imperfect.

Warning 3- Our editor is on vacation, which means decreased quality of format and increased use of ellipses and parenthetical statements.

Warning 4- Actually, that’s it. Here we go.

I’m not a big fan of large, indoor spaces, especially those without windows. This has never been formally diagnosed and in Google searches I can’t seem to find an exact match of symptoms or causation, so I refer to it as “Clagora”– an odd combination of Claustrophobia and Agoraphobia. In general this aversion has served me well, as it severely limits my time in malls, conference halls, and casinos.

But a few weeks before my wedding, I was in New Orleans with some good friends. I told them I wanted to do one thing- place \$50 on black in roulette. No food or drinks. No sitting down. This was a get in and get out mission. One spin of the wheel. So we headed to Harrah’s Casino in the French Quarter.

As we approached the table, one of my friends (none of whom were married at the time themselves) grabbed my shoulder. “We were talking and have an option for you. We can all get you some crappy, forgettable wedding gift like a toaster or some candlesticks…or we can each give you \$50 right now. One bet. All in.”

I paused and considered for… about three seconds (OK. Two.)… “Give me the money.”

“\$400 cash on the table,” I heard the dealer say calmly. He deftly put the shiny, silver ball onto the roulette wheel and sent it spinning.

The odds of hitting black on a single roll in roulette are 47.4%. Now, this may blow your mind but that means the odds of not hitting black are 52.6%. Put differently that’s less than ½ or more likely you’ll lose than win. Need more examples? Sometimes flipping statistics and changing your perspective in general can be helpful. Walk a route you normally drive. Take a helicopter tour of your town. Consider that while you “only have to put down 20%,” you still owe 80%.

Listen, I’m not saying that admission is roulette (see Warning 2). Applying to college is not a game. Admission decisions are not arbitrary. But it is helpful to “consider your odds” as you are building a list of schools to apply to.

A number of years ago, I suggested the Common App insert an acknowledgement button on the application of any university with an admit rate below 25%: “I understand this is not a fair process. Being of sound mind I agree not to assign self-worth to admission decisions. Further, I agree to apply to at least two additional schools with admit rates above 50%.” I never got a reply.

Well, I’m working on another petition now to US News and World Report and several other publications who commonly list schools by admit rates (typically starting with lowest as an implied metric of quality/value).  The ask—publish deny rates instead.

How would it change the make-up of your list of colleges if you thought about your odds or percentage chances in reverse? How would it alter the way you feel when you receive an admission decision, if you had looked at your odds differently from the start?

Applying to Stanford and Harvard is essentially like putting a chip between the 0/00 on the roulette table (95%~ chance of not hitting). I could see placing one bet like that, if you are a truly outstanding student. But more than that? High school counselors are always advising students to create a “balanced list” of colleges to consider. This is why.

So the next time you are listening to a college admission presentation or looking at admit rate information online, reverse their numbers. As an example, Georgia Tech’s deny rate for international students last year was nearly 90%, 82% for US non-residents, and 55% for Georgia applicants. Do the math and know your odds. It may help you spread your chips/apps in a more strategic and logical manner.

Parents- Consider All The Angles

\$50 on black. In and out. Nobody gets hurt. That was the plan.

But the game changed. The stakes went up. The emotions of the moment were palpable and it was not “just me” involved anymore. All of a sudden the dollars multiplied eight fold. The “offer” of cash for wedding gifts now involved my wife and our future (Again, see Warning 2).

It is still July. Before your son or daughter starts filling in their name and asking you about employment history or your driver’s license number, you need to talk money. I wrote more extensively about this in March, but my strong recommendation is you establish and discuss three key elements of paying for college and finances: limitations, conditions, and expectations.

Limitations

How much are you willing to invest in your son or daughter’s college education? Particularly in states with strong public university systems, we often hear parents say, “I am willing to pay for any of our state schools or the equivalent price, if my daughter chooses to go to an out-of-state public or private school.”  Consider and honestly discuss what limitations you want to establish. These should not necessarily keep your student from applying to a particular school that looks like it will cost more than your determined threshold, but setting clear limitations early changes the dynamics, frames the emotions, and helps prevent feeling “gut punched” in the spring when financial aid packages arrive.

Conditions

“We will not pay for a school south of Virginia,” or “No child of mine is looking at schools west of Colorado,” or “We will pay for \$40,000 a year for College X, but we are simply not paying that for Y University.”

What are your financial conditions- and why? College is an investment. Your family’s goal is to be confident in the dollars you spend. If you talk about why you are putting conditions in place, they will not come across as irrational or arbitrary, but rather instructive and rooted in love.

Expectations

What role will/should your student have in paying for their own college education? Is there a flat amount or percentage you expect them to contribute? Setting clear expectations before applying to college allows them to consider if they need to work and save money during and high school, consider a gap year, or what questions they ask colleges about opportunities for on-campus jobs, the prospects for (and salaries associated with) internships or co-ops, etc. Instead of being divisive, setting expectations can unify your family because “the problem” of paying for college becomes a joint effort—one to solve together.

If there is one common thread that connects all parents in the college admission experience, it’s this—you love your kids. You want the best for them. You want them to be happy. You want to provide for them and say yes. As a parent of two, I totally get that.

However, here’s what I can tell you about the seductive roulette wheel of admission (for issues with that wording see Warnings 1-3)—it gets emotional. The offers start coming in, the dollar figures start going up, and it’s not just you at the table. You love your kids. Consider all the angles now because when that ball lands there will be some cheers, some disappointments, and often a crazy mix of both.

Back at the casino

The ball spun, slowed, and started bouncing. Red, black, red, black. Finally, it landed. Red 28.

Slowly, I let my head fall backward. I felt my friend’s hand on my shoulder again. “Well, at least we won’t be giving you some crappy hand towels or doilies from Target.”

Know your odds and consider all the angles. I’m betting that takes you a long way in your college admission experience.

Formal end of blog

——————————–

Feeling lucky?

A few years ago, there was a school in our state who had a relatively new head football coach, a lot of swagger, and fans that probably love roulette for the colors alone. Mid-season I told a friend that if they made the national championship, I’d donate \$100 to his university’s need-based scholarship fund.

Well…I’m \$100 dollars lighter now but at least I know my money went to helping some kid offset costs. When I unsubscribed from the Foundation solicitations, I chose “Other” as the reason and inserted this: “I LOST A BET. I’m the Director of Undergraduate Admission at Georgia Tech. Congratulations on coming within inches of winning the national championship. Now, please, never email me again!” I actually got a response saying it was the “best opt-out they’ve ever received.”

So before you bet a friend \$20 or \$50 or dinner on a game this fall, consider instead wagering a donation to the need based financial aid fund of the winner’s alma mater.  Can’t fathom “ever contributing one dime to that school?” No problem. Donate to the NACAC Imagine Fund and help high school counselors who send kids to many different amazing colleges.

## Not so Fast

This week Georgia Tech’s Director of Strategy and Enrollment Planning, Matt McLendon, joins us on the blog. Welcome, Matt!

One of my favorite puzzles comes from the book Thinking, Fast and Slow by economist Daniel Kahneman. The riddle is deceptively simple: “A bat and a ball cost \$1.10. The bat costs one dollar more than the ball. How much does the ball cost?”

The answer? Five cents. Despite many years of reading that problem, my intuition always says 10 cents. (Curious? View an explanation of the answer here.) Kahneman’s argument is we have two mental systems in place. One system thinks quickly and makes snap judgements, while the other requires effort and strains our mental capacity. It turns out, the intuitive or fast answer is often wrong. To arrive at the correct response requires us to slow down and use reasoning, not intuition alone.

A Ball Park Figure

Photo credit: https://www.ballparksofbaseball.com/

The baseball riddle occurred to me during a chat with Director of Admission, Rick Clark, on how much of the news about college admission focuses on a tiny subsection of the overall number of colleges. In particular, the universities with a large number of applications and exceedingly low admit rates receive a lot of press. This attention leads to “fast thinking” errors among many students and families, leading people to believe the best choice is the most selective, and not getting into one of those schools spells disaster for the future.

Recently more has been written about the challenges this belief brings to the college admission process.  This article by Jeff Selingo written a few years ago and Frank Bruni’s book Where You Go is Not Who You Will Be are two examples.

Despite their data, anecdotes, and logic, I can hear the argument from those saying, “That’s all well and good, but I still want to go to one of those institutions.” To which I say if that is where you want to go, then I hope you do. However, I also urge you to consider Kahneman’s baseball example and take the time to “think slowly” and realize there are many more options than may first appear. Doing this requires extra thinking, setting aside biases, and really considering your interests and goals, as you contemplate where to attend college.

Throwing a Curve Ball

Recently, the Chronicle of Higher Education created a chart showing institutions with an admit rate greater than 50% who also boasted high first to second year retention rates. Many of these schools you have heard of before—and some may surprise you. All around the country, numerous colleges and universities are taking steps to improve student outcomes. The Chronicle list was a good reminder that many colleges in our nation do an excellent job helping students succeed—not just a select few.

After reviewing that information, I wanted to look at the data in a slightly different way. I conducted a quick analysis using a subset of IPEDS data comparing admit rates to graduation rates for four-year degree granting institutions in the United States.

As you will see in the descriptive chart below, colleges and universities with less than or equal to 20% admit rates have remarkable graduation rates. Do you notice something else? There’s not that many of them! In my selected data set, just over 40 colleges and universities fit those criteria.

This second chart below, however, tells another story. There are well over 400 schools with admit rates over 50% and a graduation rate at or above the national average of 60% (NCES, 2017).

Many of these of the colleges and universities in this second group are doing good work to help their students graduate. However, much of what is in the media and within social circles is dedicated to those schools in the first set.

What does this mean for you? To return to our baseball bat and ball problem from before, I encourage some extra thinking with your college choices.  You may be a fan of a particular school since kindergarten, but what about the schools you’ve dismissed? Are you writing them off based on fast or slow thinking? Do a few of them deserve a second look? Don’t forget the incredible number of colleges you have to consider, visit, or apply.

Step Up to the Plate

Here are a few things to consider as you approach the college admission, and selection, process.

1. Start with your why. Why do you want to go to college? A great post on this topic from a few years back talks in more detail. We also have a great tool in our college planning guide. Both these will re-frame your thinking on what you look to get out of going to college, not just where you’ll go.
2. Dive into the data. There are many effective tools that are easy to use and can benefit you, the largest of which is the College Scorecard. This tool allows you to compare multiple institutions and draws from the data colleges and universities are required to report. Compare a few metrics such as retention, student debt, and employment. Do any surprise you?
3. Set aside biases. Are you overlooking a particular school based on a hunch? Check out a few that are outside of what you think may be for you. Remember all those brochures you received in the mail you tossed in the recycle bin? Pull out a random sample of five and read them. Even if you don’t apply, you may find some information that helps you clarify why you like the universities you do.
4. Read widely. I’ve given a few examples already, but also look into what professionals are saying. I know your time is limited, but there is a substantial amount of information out there on college admission. An excellent place to start is the admission professional association NACAC. While a good deal is for professionals in the industry, there is a lot you can gather from what the practitioners are saying.

My hope is that you will approach your college admission experience the way baseball players approach the game they love—prepare, study, work hard, but when the lights come on and the game starts— play your game and enjoy!

References:

## That’s Not How It Works, Part 2 (#TNHIW)

Attempting round two or part two of anything comes with risks. Clearly there are some shining examples of building on a story that went exceedingly well–Harry Potter, The Hunger Games, and The Lion The Witch and the Wardrobe, to name a few. Sci-fi and superheroes seem to have the advantage in the film space (pun moderately intended). Just look at Star Trek II: The Wrath of Khan, The Dark Knight, The Empire Strikes Back, and Spiderman 2.

Kids’ movies are spottier. For every Home Alone 2 you have Chipmunks 2- The Squeakquel. Feel free to Google for best and worst in this category—I’m sure you can add some of these to your Netflix queue (or Nutflix Squeakque as the case may be).

After last week’s post I had some good suggestions from both my staff and colleagues at other schools. So, at the risk of an epic fail like Dumb and Dumber To, here are a few more #TNHIW:

Deposits and Canceling

“I was admitted to several schools but I can’t decide, so I’m going to deposit at ALL of them.” No!!! #TNHIW. If you can’t decide on a college, don’t put down multiple deposits at \$200-\$1,000 a pop while you make up your mind. If you want to spend money, send me half that amount—I’ll put it towards a new dartboard and a popcorn machine (the way we make admission decisions) and mail you a quarter to flip.

Colleges and universities are part of a national organization, the National Association of College Admission Counseling (NACAC). NACAC has established a specific timeline to help you through the college admission process—that’s why you don’t see application deadlines before October 15; it’s why you can wait on financial aid and housing details before committing to a school; and it’s why May 1 is the established national deposit deadline. (NACAC is also why schools at college fairs are not doing raffles or cheap parlor tricks, but that’s a post for a different day.)

We often hear of students “sitting on admits” without canceling because it makes them (or their parents) feel proud. If you need an ego boost, DM us on Twitter—we’ll show you some love. Look–if you decided a school is too far away, too expensive, too cold (or the opposite of any of those), or there’s another reason why it’s not a good match for you, cancel your application. At Tech, in all of our emails to admitted students and in our admission portal, we include a cancel link. If schools you’ve been admitted to are not making this process obvious, email or call them and find out how to do it.

Canceling allows colleges to re-distribute financial aid dollars and to take students off their waitlist. Good for the goose and good for the gander. Not big into the common good? Then think of canceling like breaking up with someone. It doesn’t take long and eliminates irrelevant calls, texts, and letters.

In-State Tuition

“We used to live in Georgia.” “Her grandparents have a lake house in state.” “The Falcons loss in the Super Bowls still burns…” This one may fall under the “it never hurts to ask” category, but ultimately the bigger umbrella is #TNHIW. Each state has its own rules on in-state tuition rates, but as a rule you’ll find it necessary to have lived in the state for a year prior to starting classes, and claimed it as your primary residence on your tax records. It’s helpful to know public universities operate as a part of a state system, and must adhere to the policies they set forth. So when you’re on the phone with an admission or financial aid representative and they’re saying you do not qualify for in-state tuition, it’s not because you’re the unlucky fifteenth caller of the day. They are simply conveying their state’s law, and they have to uphold it. (See policy 4.3.2)

Comparative Decisions

“My classmate/neighbor/cousin got in and I’m a better student.” “We both know my son’s smarter than…” “Last year you took a girl who is exactly like her.” Again, #TNHIW. First, we will never discuss another student with you. When applicants submit their application, they do so under the assurance their information will be used solely for the purpose of admission review and continued individual communication. A student’s application is not to be used to influence elections or talk to their “friend’s” uncle (who happens to be an alum) about how they compare to other students from their school–specifically said uncle’s nephew.  So if your lead question in an email or phone call is comparative, we will politely but consistently redirect the conversation.

And be honest—do you really know all the details about the other student? Grades, classes, testing, life circumstances, content of essay and short answer questions, major, interview dynamics, recommendation letters? In a holistic, selective review where institutional priorities and goals for the class are at play, there are infinite nuances making applicants unique and decisions less predictable and consistent from one year to the next.

Scholarships and Financial Aid Awards

“Awesome University gave my son a merit scholarship worth \$10,000, and Congratulations College named him a Dean’s Disciple, which is worth \$22,000 over four years. You must not really want him or you would do the same.” Well…#TNHIW. Every school has its own overall cost, endowment level, and enrollment strategy. Some colleges keep their rates as low as possible from the outset, while others publish prices and then discount tuition using terms like “scholarship” as a tool for enrolling students. Some put all of their discretionary funds into need-based aid, while others grant merit aid based on clear and defined parameters like GPA or testing.

Tuition at public schools is set by their governing system, and in many states colleges are prohibited from using tuition funds toward meeting the need of other students—a fundamental practice in the case of many schools nationally. I won’t belabor this point. You’ve seen enough variance in the admission process to know schools have extremely different missions, cultures, and recruitment approaches—the same is true with financial aid awards and packages. Money is emotional and it’s not easy to keep your emotions in check when analyzing costs of this significance. Plus, we all want a deal, right? There is great satisfaction in feeling like you’ve gotten something exclusive or special. Hey, I like catching the t-shirt tossed from courtside too. But don’t let pride or frustration or the ability to brag about a scholarship be the sole reason you make a college choice.

Don’t misunderstand me—cost matters. But ironically, each year students will select one university over another because of the difference in aid awarded, rather than the difference in actual cost. At the end of the day, if relative costs are similar and you have either the financial means to pay or the confidence in your financial investment in a particular college, I’d urge you to not let another university’s award keep you from choosing your best fit.

There won’t be a three-peat or trilogy for #TNHIW, but if you want to peel back more admission myths and misconceptions, check out this layered Onion piece.

## College Admission: False Voices and Escape Strategies

Little kids love stories. But if you are going to truly entertain them, you have to really develop the villain. Since I went to UNC, I often base my antagonist in Durham. With the Blue Devils living there, it’s quite easy to build a series of stories around the devious King K plotting in his Gothic towers to corrupt the world through sinister back channels (and occasionally back injuries). In many of these bedtime yarns, K would whisper in the ear of a good guy how he can make him more powerful, or more rich, or more safe, etc., if he/she just joins the Devils. (Note: No dig here on Duke. Great school. It just works well in anecdote… and the architecture does lend itself to the role.)

At times my kids would literally yell to the protagonist, “No! Don’t do it!” or “Can’t you see what he’s trying to do?” And in these stories, it was incredibly obvious: K was playing on their fear, or exaggerating his powers, or trying to manipulate for his own gain. They identify and call this out immediately. And that’s the point. I can make it a fairly quick story and get out of the room. Brilliant!

Identifying Voices in Real Life

But, in real life, as you get older, the tenor, motivation, and transparency of the voices around you are not as easy to discern. Messages become more nuanced, and it’s easy to be confused because many times these sources seem credible. Nobody is literally dressing up in a Devil mascot outfit with a pitchfork trying to convince you to attend a certain school or pay for a particular service.

But “false voices” are in this process, so it’s important that you listen closely. Here are a few things to watch out for as you learn to identify those who speak the truth, and those who may not.

•  Hyperbolic language: (The quotes in this section are actual phrases that have been used, not hypothetical examples). If someone around you is continually saying things like “disaster,” “panic,” “insane,” “stress,” or “peril,” you should be very cautious. To the best of my knowledge the world hasn’t ended during admission season, even when test scores are delayed, admission applications crash, or recommendation letters fail to load. You want people around you that provide solace, wisdom based upon experience, big picture data, and the power of options. Language of fear has no place in the admission profession, so consider any trace of that a red flag. While you would not do this during bedtime tales, it’s ok to physically run from “storytellers” like that.
• Excessive Fees: If someone is charging you for their services, you should expect sound, expert, distinguished advice. This is a life lesson. You’d have high standards and a rigorous process for selecting a financial advisor or marriage counselor who is guiding you on your investments financially and relationally, right? The same is true in the admission process. And this is where the nuance occurs, because there are some very talented, experienced professionals in the admission process who will charge a reasonable fee to assist you in college list development, application packaging, scholarship navigation, etc. There are also some parents who just went through the process with their own kid who happened to get into “a good school” and now think they are an expert. If anyone is guaranteeing you admittance to a school, promising receipt of a specific selective scholarship, or implying they have a magic bullet in their “essay crafting,” you need to yell loudly in your own brain, “NO! Don’t do it!”
• For Profit Schools: If you are considering attending a for profit school, I would urge you to read more about debt loads, graduation rates, recruitment tactics, and scratch well below the surface before enrolling.  Often the language you see in marketing and enrollment strategy from these institutions is highly exaggerated, both in what they deliver and the results of your degree.
•  Test preparation: There is a wide misconception that because you pay for something it’s better. Absolutely false. Khan Academy has phenomenal free preparation material and ACT is partnering to develop opportunities for free or greatly reduced tutorial options. I encourage you to start with free options before exploring fee-based avenues; particularly those “guaranteeing” certain score increase ranges.  And if you are going to invest in test prep, do your homework. There are a lot of very reasonably priced local options, including community colleges and even private high schools. These typically charge less yet get similar results to the more corporate test prep industry entities.
• The Media: Journalists are under immense pressure to turn stories around quickly and increase readership. This means that headlines are often dramatic and frequently articles don’t tell the complete story. For instance you’re almost never going to read that only about 100 schools in our nation admit less than 33% of applicants, and that the vast majority our nation’s 2000+ schools admit more than they deny. That story is not going to sell, so the “full story” goes unpublished. Again, some education beat writers are thorough, balanced, and excellent researchers. But if you see something in print/online about a school you are interested in, I implore you to go straight to the institution for clarity and perspective.
Bonus Tip: You’re young. Save yourself. Don’t read or contribute to the comment section below these pieces, as they quickly devolve into petty, unrelated banter.

You’re 17 or 18 years old, so I am guessing saying things like:  “No! Don’t do it!” Or “Can’t you see what he’s trying to do!” are a bit too simplistic for you. So if someone is whispering drama, fear, and hyperbole in your ear, how about borrowing from one of my favorite songs?

Crazy” by Gnarls Barkley

“Come on now, who do you, who do you, who do you, who do you think you are/

Ha ha ha bless your soul You really think you’re in control/

Well, I think you’re crazy I think you’re crazy I think you’re crazy/

And then make a run for it!

## Steph Curry and The Road Not Taken

If you have been watching TV lately, or listening to the radio, or interacting with other humans, you know the NBA Playoffs are heating up. We’re not going to talk about the Hawks here, so don’t fear. (As an Atlanta native and longtime resident I’ve come to peace with the fact that all of our pro franchises are good enough to make the playoffs but lack the talent to advance from the first round. Literally all of them…for decades.) These days the hottest name in the NBA is Steph Curry. Curry is a uber-talented point guard for the Golden State Warriors, and he was recently unanimously named MVP of the league, which he also won along with the NBA Championship last year. To look at him now you’d think he has always lived a charmed life– beautiful wife and daughters, worldwide star, commercials with President Obama (himself a transfer student from Occidental to Columbia), and the list goes on. But interestingly when he was graduating from high school the big time college programs around the nation were not interested. He was crushed and ultimately decided to stay close to home in North Carolina and attend Davidson College.

Curry’s experience got me thinking about Robert Frost’s  poem “The Road Not Taken,” and the fact that our national consciousness is still largely focused on the traditional freshman entry process. Often news media and families do not look at the transfer route “as just as fair/ And having perhaps the better claim,” even though 1/3 of students graduating from a four year college began elsewhere, or that 1/2 of all undergraduates nationally are enrolled at a community college. At Georgia Tech, we annually enroll 850 transfer students (approx. 1/4 of our new undergraduate students). Thankfully, the press and perceived value of transfer options are improving, due to increasing political discussion surrounding college cost, value, and access, and Mrs. Obama’s Reach Higher initiative.

National Student Clearinghouse data shows that in 13 states over 50% of four-year university graduates began at a two-year school. Much of this is because public universities have established articulation agreements with colleges in their state or region geared toward enrolling transfer students. Florida is certainly a state with a strong history in this arena. The University of California system, which boasts five of the top 10 public universities also has a deep commitment to the transfers. In fact, UC-Berkeley brought in well over 2000 transfer students last year. As Tech has become more selective on the freshman side, we see more students going to another college or university for a year or two and then re-applying to earn a Tech degree. This year 1/3 of admitted transfer students applied as freshman. Five years ago that number was 1/5.   In an effort to provide students with a variety of avenues to all academic programs, we have developed a transfer pathways, including Dual Degree Engineering Program and our Arts and Sciences Pathway Program, which complement our regular transfer admission process.

A Turning Tide?

On the private side, and particularly among elite institutions, transferring is less prevalent. Princeton recently announced they will begin enrolling transfer students for the first time since 1990 (a year when Wilson Phillips topped the charts) and Stanford and MIT enrolled a combined 30 via this route last year. While not all schools are as invested in this space, frankly that’s the beauty of a diverse system– and the importance of understanding particular institutional missions and philosophies on education. However, I do speculate that in the decade ahead, due to the increasing access to and promotion of college courses in high school; the proliferation of accredited, non-profit, credit-bearing online options; and the desire of colleges to augment geographic, ethnic, and socio-economic diversity, we’ll see more private school players in this space.

An Affordable Pathway

 Type of College Average Published Yearly Tuition and Fees Public Two-Year College (in-district students) \$3,347 Public Four-Year College (in-state students) \$9,139 Public Four-Year College (out-of-state students) \$22,958 Private Four-Year College \$31,231

This table is from BigFuture (an excellent resource for students researching colleges and looking into financial aid).

It is important to note that these figures are based on published tuition costs vs. ultimate net price. Financial aid and family need largely impact ultimate cost, but it’s clear that pursuing schools locally for the first year or two of college is often a viable financial route. We often hear from transfer students that will select a college close to home following high school, so that they can work, attend class, and live at home to save money and avoid debt. Increasingly, we are seeing  students who are offered freshman admission making these decisions in order to reduce debt upon graduation.

An Alternative Avenue