The Houston Midtown Chapter of The Society for Financial Awareness Presents MONEY MATTERS with Christopher Hensley (college funding and financial aid)

Affording college is a concern for many families.  Crystal Olivarria likes to educate families about the opportunity to pay for college using scholarships.  She raised over $70,000 from grants and scholarship to help pay for her own college education.  Since a college education is a large expense it is important that children spend time exploring career options in depth. How can you coach your children to make smart choices when it comes to the career paths they choose to follow. What is the right age and how do you approach this topic?

On today’s show we talked with Crystal Olivarria, Founder and CEO at CareerConversationalist.com 

 

 

To learn more about Crystal Olivarria visit:

www.careerconversationalist.com 

 

To learn more about Houston Money Week visit:

www.Houstonmoneyweek.org

 

http://www.cheatsheet.com/personal-finance/how-schools-can-improve-their-personal-finance-education.html/

Financial Advisor Magazine Articles:

http://www.fa-mag.com/news/advisors-stay-the-course-amid-monday-s-market-drop-22864.html?section=3 

http://www.fa-mag.com/news/on-it-s-80th-anniversaryadvisors-consider-social-security-s-impactfuture-22784.html?section=3

You can listen live by going to www.kpft.org and clicking on the HD3 tab.
You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

#KPFTHOUSTON

#HoustonMoneyWK

#Crystal70k

Direct download: 178.mp3
Category:College Funding and Financial Aid -- posted at: 1:03pm PST
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After graduating in 2012, Bobby Hoyt started his career as a high school band director in Texas. In addition to a shiny new diploma, he also came out of college with $40,000 in student loan debt. He still planned on buying a new car, a house he couldn’t really afford, and wanted to do all of the things that other Millennials his age were doing. Everyone has debt right?

He paid off $40,000 in student loans in less than 2 years on a teachers salary. Seriously!


We were joined by Financial Blogger, Bobby Hoyt. Bobby is a Blogger, Ex-Teacher, Wakeboarder and founder of Millennialmoneyman.com .

Direct download: MMEPISODE144.mp3
Category:College Funding and Financial Aid -- posted at: 12:51pm PST
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The cost of a higher education has more than doubled, when adjusted for inflation, since 1986.

Friday we were joined by Dean of Students at East Side University, Jackie Aguilera.  We discussed the cost of college for Houston and Texas. We also talked about best practices when applying for financial aid and scholarships.

To learn more about Jackie:

http://www.esuvclc.org/

To learn more about Houston Money Week 2016 visit:

www.houstonmoneyweek.org

You can keep up to date with the ACA changes at :

www.houstonfirstfinancialgroup.com then click health insurance

or to compare different plans in Texas, check subsidies and enroll go to my site at:

https://www.healthsherpa.com/?_agent_id=christopher-hensley

Personal Finance Cheat Sheet Article:
http://www.cheatsheet.com/…/how-schools-can-improve-their-…/

Financial Advisor Magazine Articles:

http://www.fa-mag.com/…/advisors-stay-the-course-amid-monda…

http://www.fa-mag.com/…/on-it-s-80th-anniversary–advisors-…

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:
http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪#‎KPFTHOUSTON‬ ‪#EastSideUnivers‎

 

 

 

Direct download: Money_Matters_Episode_133.mp3
Category:College Funding and Financial Aid -- posted at: 9:18am PST
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Money Matters Episode 109-  An Ultra Low Cost College Degree W/ Shai Reshef

Many people have the motivation and the desire to get a college degree but or limited by financial means. What if you you could get a college degree for a small fraction of what traditonal schools charge?

Today we were joined by President and Founder of University of the People, Shai Reshef.

Shai Reshef is President & Founder of University of the People, also known as “UoPeople”- and has been widely recognized for his work with UoPeople, including being named one of Fast Company’s 100 Most Creative People in Business; selected by OneWorld as one of its ‘People of 2009;' awarded an Ashoka fellowship; joined UN-GAID as a High-level Adviser; granted membership in the Clinton Global Initiative; awarded an RSA Fellowship; selected by The Huffington Post as the Ultimate Game Changer in Education; nominated as one of Wired Magazine’s 50 People Changing the World; and selected as a Top Global Thinker by Foreign Policy Magazine.

 

An expert on the intersection of education and technology, Shai Reshef is an educational entrepreneur, with over 25 years of experience in the international education market.  Shai has spoken internationally at numerous conferences including the Clinton Global Initiative; DLD: Digital, Life, Design; TED, World Economic Forum; EG5 Conference; Google’s Higher Education Summit. He has also lectured at Yale, Harvard, Stanford and Oxford, among others.

 

 

To find out more visit:

 

TED TALK - An Ultra Low Cost College Degree

 

The University of the People Website

 

Personal Finance Cheat Sheet Article:

http://www.cheatsheet.com/…/how-schools-can-improve-their-…/

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪#‎KPFT #ShaiReshef #UoPeople

Direct download: Money_Matters_109_.mp3
Category:College Funding and Financial Aid -- posted at: 7:23am PST
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When your child has picked a school and decided they want to go to college the next step is paying for it. After we get over the sticker shock that is the current cost of college tuition we most figure out where the funds to pay for school actually come from. Today we answer the question how do we pay for college.

Jackie Aguilera has over 20 years experience in adult education and curriculum development. She has taught literacy, college success courses, and workforce readiness skills development at UH Downtown, University of Houston, Houston Community College, and the Houston Center for Literacy. Currently, Jackie is the Literacy Coordinator at East Side University, a community based learning center in Third Ward, and serves on the Houston Center for Literacy Advisory Board and on the adult education committees of Houston Money Week and the Alliance for Economic Inclusion.

You can find out more about Jackie Aguilera and East Side University by visiting the website at:

www.esuvclc.org

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪@kpft @houstonmoneywk

 

Direct download: Money_Matters_-_3-13-15_1_1.mp3
Category:College Funding and Financial Aid -- posted at: 7:33pm PST
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For many college-bound students, the end of January means wrapping up applications and waiting to hear back.

But getting into college is one thing. Paying for it another. Just as students talked with guidance counselors about finding the right schools to apply to, families may turn to help about figuring out which schools make fiscal sense.

Today we were joined live in the studio with Houston Hispanic Forum 1st VP, Fernando Gil to discuss the Career and Education Day coming up on February 14th, 2015. This is a free event for students from grade 6-12 & their parents.

  • Free Childcare and Lunch
  • Career Paths (HB5 Endorsements-Based)
  • Obtain Admisision & Financial Assitance
  • Bilingual Representatives
  • Middle School Track
  • PArent Track
  • And Much, Much More.....

You can register for the event at:

www.Hispanic-Forum.org

 http://hispanic-forum.org/events/ced/


You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪#‎kpft 

 

Direct download: Money_Matters_Episode_86.mp3
Category:College Funding and Financial Aid -- posted at: 1:12pm PST
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Most college graduates leave school with tens of thousands of dollars in student loan debt. Author Shanice miller actually graduated debt-free and even rceived $10,000 back from her college.   

Shanice Miller graduated from the University of Maryland Baltimore Dental School in 2011. With the high costs associated with attending a dental school, Shanice is no stranger to worrying about paying for college and wondering if she will be able to even afford to go to college. Knowing she wouldn’t have much help from her parents, Shanice was forced to figure out the solution to her problem.   

To learn more about Shanice you can visit her website at:

www.debtfreecollegegrad.com

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

 

http://directory.libsyn.com/shows/view/id/moneymatters

 

or

 

 

www.moneymatterspodcast.com

 

Direct download: Money_Matters_Episode_61.mp3
Category:College Funding and Financial Aid -- posted at: 1:45pm PST
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Is that fancy, expensive college degree really worth the cost of several years of tuition, room and board and books? Everyone knows that the cost of education is skyrocketing, but the answer is still YES!

Wondering which colleges have the best ROI? Return on investment is the “financial return” from any investment of money, or in this case, the income amount above and beyond what a high school graduate would make. The investment is the cost of that degree, on average, minus the average student financial aid at each college.

As a general rule, college IS worth the investment, not only in terms of increased incomes, but also for job security and happiness. But not all colleges (or degrees) are made equally in this sense. Some colleges, such as private schools, generally cost twice as much as in-state public schools. Some colleges have a closer network of alumni which may help in job prospects, while others have really high graduation rates.

Want to see how Texas college compare on ROI and graduation rates? You might be surprised!

Rank

School Name

2013 Cost 

20 Year

Net ROI

Graduation Rate

1

Rice University

$200,200

$633,400

92%

2

Texas A&M University – Main Campus (In-State)

$91,040

$566,700

80%

3

University of Texas (UT) – Austin (In-State)

$106,100

$497,100

79%

4

Prairie View A & M University (In-State)

$87,080

$494,900

36%

5

LeTourneau University

$150,900

$436,000

61%

6

University of Texas at Dallas(In-State)

$99,520

$435,400

64%

7

University of Houston (UH)(In-State)

$98,320

$409,300

46%

8

University of Texas at Arlington (UTA) (In-State)

$97,410

$402,500

40%

9

Southern Methodist University (SMU)

$226,100

$401,900

80%

10

Texas Tech University (In-State)

$88,390

$398,800

62%

11

Lamar University (In-State)

$97,520

$352,000

32%

12

Wayland Baptist University

$90,060

$344,300

36%

13

Texas Woman’s University  (In-State)

$74,390

$338,700

45%

14

Texas A&M University – Kingsville Campus (In-State)

$77,980

$307,700

32%

15

Concordia University – Austin, TX

$152,300

$307,400

34%

16

Trinity University

$178,000

$297,700

80%

17

Texas A&M University – Corpus Christi Campus (In-State)

$86,640

$292,100

39%

18

Texas Christian University (TCU)

$188,400

$288,100

75%

19

Dallas Baptist University

$126,800

$287,000

54%

20

University of North Texas (UNT) (In-State)

$84,920

$277,400

48%

21

University of Texas at El Paso (UTEP) (In-State)

$94,580

$275,900

38%

22

Sam Houston State University (In-State)

$80,490

$269,700

48%

23

Baylor University

$189,800

$253,100

75%

24

St. Mary’s University – San Antonio, TX

$160,000

$250,700

57%

25

Texas Wesleyan University

$136,800

$247,100

37%

26

Midwestern State University (MSU) (In-State)

$72,190

$242,500

40%

27

West Texas A & M University(In-State)

$78,010

$234,200

44%

28

Tarleton State University (TSU) (In-State)

$78,850

$233,600

39%

29

University of Texas at San Antonio (UTSA) (In-State)

$94,100

$231,600

28%

30

Texas State University – San Marcos Campus (In-State)

$87,290

$222,400

55%

31

University of Texas – Pan American (UTPA) (In-State)

$71,480

$216,900

39%

32

University of Texas at Tyler(In-State)

$83,460

$214,600

41%

33

Houston Baptist University

$156,900

$201,500

44%

34

Southwestern University

$181,100

$197,400

75%

35

Abilene Christian University

$156,500

$186,600

59%

36

Angelo State University (In-State)

$82,330

$176,200

31%

37

Lubbock Christian University

$124,500

$160,900

43%

38

Stephen F. Austin State University (SFA) (In-State)

$94,330

$154,800

44%

39

Saint Edward’s University

$171,300

$136,100

69%

40

University of Mary Hardin-Baylor (UMHB)

$145,800

$128,900

46%

41

Texas A&M University – Commerce Campus (In-State)

$83,910

$125,300

36%

42

Texas Southern University(In-State)

$102,200

$124,900

12%

Source- Payscale.com (2014)

2013 Costs= The total cost to attend that school (tuition, room and board, books and supplies) weighted for the length of time it takes most students to graduate with a bachelor’s degree.

Net ROI= The total income that a graduate will earn after graduation in 20 years of working, minus both what they would have earned as a high school graduate and the cost of college (tuition, room and board, books and supplies), minus the average financial aid amount awarded to students at that school if that filter has been selected. It is their net earnings in 20 years as a college graduate.

Some interesting things to point out:

Average Texas college graduation rate is about 50%. TSU and UT-San Antonio have horrible grad rates at 12% and 28%, respectively.

Not surprisingly, Texas A&M has the highest ROI rate. It graduates a lot of engineers and boasts a strong Aggie network.

Others in the top ROI rate include: Prairie View A&M, UT, Texas Tech, Texas Women’s University, UT Dallas, and University of Houston.

Colleges that round out the bottom of that list are St. Edwards, University of Mary Hardin Baylor, Southwestern University, Abilene Christian University and TSU. The first three don’t even have a positive return on the financial costs!

Obviously, one chart with a couple of metric is not enough to judge an entire college and its programs, but parents and college-bound students should keep these numbers in mind when picking colleges and trying to save for the expenses.

  By

Category:College Funding and Financial Aid -- posted at: 7:54am PST
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Of the nearly 20 million Americans who attend college each year, about 12 million borrow, according to the Almanac of Higher Education. Estimates show that the average four-year graduate accumulates $26,000 to $29, in loans, and some leave college with six figures worth of debt.

Today we were joined by speaker and College Planning expert Jolyn Brand. Jolyn's company Brand College Consulting helps families figure out there best options when it comes to getting into a school and coming up with the funds to pay for college tuition.

To learn more about Jolyn you can visit her website:

WWW.brandcollegeconsulting.com

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

 

http://directory.libsyn.com/shows/view/id/moneymatters

 

or

 

www.moneymatterspodcast.com

Direct download: Money_Matters_Episode_45.mp3
Category:College Funding and Financial Aid -- posted at: 12:11pm PST
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On todays show we discuss the topic how to save for college without going broke. We were joined by author Reecy Aresty.

 

For over three decades, Reecy has been pioneering a topic of immense concern to millions of families.  He takes great pride ensuring that students obtain that all-important edge at application time and helps parents employ legal strategies to pay less than they ever dreamed possible.  He’s the author of, How To Pay For College Without Going Broke, arguably the most revealing book ever written on college admissions & financial aid.  The only book of its kind available in Spanish, it is a virtual guide that takes families on a journey from the first day of 9th grade, up to and including going off to college. 

Founder and President of Payless For College, Inc., in Boca Raton, FL, and with clients on three continents, he has been presenting free seminars for years primarily in Florida, New England, the  San Francisco area, and has a coast-to-coast presence.  

Reecy and his book have received critical acclaim from parents, students, and the media all across America.  Guidance counselors, admissions experts, and college funding professionals have all used How To Pay For College Without Going Broke as a guide to enhance their practice.

To learn more about the book you can visit:



www.paylessforcollege.com

 

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

Direct download: MMEP33.mp3
Category:College Funding and Financial Aid -- posted at: 7:54am PST
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