Weekly Update: August 26

We hope our FCPS students had a great first week back at school!

BIGGEST COLLEGE-RELATED NEWS OF THE WEEK

BIDEN RELEASES DEBT RELIEF PLAN

The new debt relief plan that the White House announced this week will forgive $10,000 of debt for college graduates making less than $125,000 per year, and $20,000 of debt for Pell Grant recipients. For students who are wondering how this plan will affect the loans they take out for college in the future, the plan also lowers the cap on how much of your income can be spent on debt payments - down to 5% of discretionary income, just half of the previous cap of 10%. We will be interested to see how this plan plays out and what the impacts will be on students taking out loans now and in the future.

UT OFFERS TAYLOR SWIFT ENGLISH CLASS

You may remember that we featured the Harry Styles class at Texas State on the blog a few weeks ago, and we’re realizing that Texas is clearly the place to go if you want to study pop stars in college! Now, UT Austin will offer “The Taylor Swift Songbook,” a class that covers poetry techniques in connection with Swift’s lyrics. Even if you aren’t headed to UT, you can keep up with the class and answer Taylor Swift trivia by following @swiftieprof on Instagram. 

SCHOLARSHIP OPPORTUNITY FOR CLEMSON STUDENTS

Clemson’s Lyceum Scholars Program offers $10,000 scholarships to incoming freshmen from any major. Students who will start at Clemson in Fall 2023 are now eligible to apply for the scholarship, and we recommend that seniors apply as soon as they know they will attend - this is a great opportunity for incoming freshmen to not only receive the scholarship money, but also access to high-level seminars and connections with professors!

IMPACT OF CRIME SURGES ON COLLEGE STUDENTS

Some students at big-city universities are expressing concern about rising crime rates near campus. This is definitely something to keep in mind for students interested in major urban universities (like the University of Chicago and Georgia Tech, both mentioned in the article). Different students and families have different priorities when it comes to safety around campus, so we recommend visiting the campus and surrounding area if at all possible so you can make sure that you feel comfortable on your college campus - after all, it will hopefully be your home for four years! 

BEST ARTICLES OF THE WEEK

While it is true that a college degree often increases students’ earning potential, this is not always the case. This article explores the colleges and degrees that don’t necessarily provide additional earnings for students, who tend to earn roughly the same amount as high school graduates six years after graduation. While earning potential shouldn’t be the be-all, end-all of college choice, it is an important consideration and one to which students and families should pay some attention. 

We’ve gotten some questions from parents recently about whether college admissions is “bouncing back” to pre-COVID experiences, as some other industries have. The short answer is: no! COVID has had a huge impact on higher education, and we honestly doubt that admissions at some schools will ever go back to the way it was pre-COVID. Check out this article from Jeff Selingo for more details on the ways that COVID-19 has changed higher education - and how permanent these changes might be. 

Finally, we want to share a tip for students who are heading off to college this fall (many of you are already there!) - start networking! It isn’t too early to be thinking about your career and future after college, and now is a great time to lay the groundwork for your next steps. If you are wondering how to start networking as a freshman, check out this article for some practical suggestions. 

OFFICE HAPPENINGS

GOOD LUCK to those students taking the SAT this weekend - we are keeping our fingers crossed for all of you! If you are a client NOT taking the SAT, but still want to get some weekend college prep in, we had two last-minute cancellations and now have both 10:00 and 11:00 essay coaching sessions available on Saturday. The sessions are first-come, first-serve, and are not available for online booking - so let our admin team know ASAP if you are interested!

If your student is heading back to school, now is the perfect time to check out academic coaching. Many students and families don’t think they need a coach when the workload hasn’t started up yet, but really, this can be the most effective time to start working with a coach! Shannon can help your student go through their syllabus, plan out major projects and assignments, and work on figuring out what organizational systems and study skills work best for them - before things get too crazy later in the semester.

Book an academic coaching Meet & Greet to talk more about how we can help your student succeed. Trust me, an ounce of prevention is worth a pound of cure, and you don’t want to be scrambling to bring up grades and complete late work during finals week! 

And lastly… I’m headed back to school! Yikes!

I posted back in May about being invited to the next round of the Goldman Sachs 10,000 Small Businesses Program. After a lengthy process, I was recently chosen as one of 170 small business owners across the United States to complete what’s sort of like a “mini MBA,” fully funded by Goldman Sachs. I am so appreciative of the opportunity and look forward to continuing to grow DC College Counseling!


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