#127 – Encore Episode – Navigating College Financial Decisions: An Interview with New York Times Bestselling Author Ron Lieber

If you are in the midst of the college search and admission process, financing this college education is likely top of mind. It’s an essential issue!  Merit aid is an important part of many financial packages and there’s no one better to talk to about the topic than Ron Lieber, financial columnist for the New York Times.  It’s so impo9rtant that we decided to share this episode again. Don’t miss the opportunity to hear Ron talk about his Merit Aid course, a great way to get a head start on understanding how it all works.

Vicki and Lynn spent this episode in conversation with Ron Lieber author of The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make. Ron helped us unpack how complicated the financial aid system is and how crucial it is to understand how it works. The Price You Pay for College examines how our feelings and our ideas about success affect the choices we make about what we are willing to pay for college. Ron also shared information about his new course for families that helps them understand and navigate college Merit Aid.

 

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College Parent News and Views – January 2025

The more that college parents know and understand about the college experience, the less we worry and the better we will be able to help our students to succeed and thrive throughout their college career.  However, there is an overwhelming amount of information out there on the web.   We’d like to help you find some of the information that might be most interesting and useful to you as a college parent.

In News and Views we share recent college related news and sources we’ve found as we do our research.  We hope that this feature will help to introduce you to new ideas and to help you keep up with some of the current issues that may affect your college student – and you.

We invite you to read some of the articles suggested below – and to let us know what you think of some of the ideas included here in the comments below.

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Why Withdrawing from College Can Be a Brave Decision

More and more students are taking a winding path through their college career. Many students still take the direct, traditional path – enter college and graduate four years later. A few students take the fast lane and graduate in less than four years. Still others take the slower route and take longer than four years, adding an extra semester or finishing in five or even six years. For a large percentage of students, taking a break – withdrawing from college – is part of their journey.

If your student is one of those considering a break – deciding whether or not to withdraw from school, it can be a scary time. You wonder what your student will do, whether they will return to school, and you wonder whether your student is making a wise decision. Even if you know this is the right decision for your student at this time, the situation can still be scary.

Withdrawing from college – leaving school before completing your degree – is a serious decision and for many students, it is not an easy one. But your student is not alone. According to the Education Data Initiative, approximately 23% of first-year students withdraw from school. It may help to try to understand why so many students leave, what to consider if your student is leaving school, and why this can, indeed, be a very brave decision.

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#126 – They’re Back! Parenting Our Boomerang Kids

Nearly half of recent college graduates are finding themselves back in their childhood bedrooms, and it’s not just nostalgia pulling them home. Financial pressures are nudging this generation towards a new developmental stage of life. These shifting family dynamics come with their own set of challenges and opportunities. In this episode, Vicki and Lynn explore the concept of “boomerang students” and share their personal journeys as parents navigating this transition. We discuss the practicalities of living with adult children, from negotiating household contributions to ensuring everyone maintains their independence. With open communication and a bit of humor, this life stage can be a chance to strengthen family bonds and gain fresh perspectives on adult life.

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What’s the Difference Between Leave of Absence and Withdrawal from College?

Perhaps your student has had a difficult time at college. It happens – more often than many of us realize. There are many reasons your student may struggle, including academic issues, social issues, health or personal issues. Whatever the reasons, some students can power through, and others may decide they need to take a break from school.

If your student has decided they need to leave school, Withdrawing from college may seem to be the only option. Withdrawal is certainly possible, and is appropriate for many students. But another option may be a Leave of Absence. Before your student makes a final decision about what to do, it is important to understand, and discuss, the differences between Withdrawal and Leave of Absence.

Essentially, a Leave of Absence is a temporary time away from school with the intent to return, while a Withdrawal is a more permanent leaving. Both options are big, and sometimes difficult, decisions and should be considered carefully. They can involve strong emotions, feelings of disappointment, shame, and fear. Your student may feel sad, or numb – or may feel relieved and optimistic about a break and/or a fresh perspective.

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#125 – Encore Episode – Second Semester of College: The Transition No One Talks About

The transition to second semester of college is so important – and often hidden – that we’ve decided to share this episode again. You and your student may be taken by surprise when the start of the second semester of college seems so difficult. In this episode, Vicki and Lynn explore why some students may experience the “second semester blues” and why some parents feel they need to increase their involvement. We share strategies you can use to calm your fears and help your student make the most of this fresh start.

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