22/02/2023
The model has been broken for so very long, it just took the final push from Covid to break it. The bottom line, in my opinion, is simple to understand, and let's just view this domestically, not worldwide - 1) US colleges, on average, are far too expensive for the majority of the country to afford, 2) Debt is simply a means to limit one's future options, so at the ever increasing cost of a four-year education, this is not a smart choice for most, and 3) more than half of the students applying every year to the "named" schools have no idea why, other than the fact they have been told it's a good school. Being told by someone who doesn't know you, doesn't know your interests, and doesn't know your goals that XYZ is a good school, you should attend, is not a smart way to play your hand.
Get a list of the Fortune 100 CEOs and then search for a list of which colleges they attended..., it's eye opening and a very good way to show your children that there are many paths to success. The one path which is common amongst all these folks, however, is hard work. There is no easy path, and yes, hard work still trumps genius any day..., prove me wrong.
For the school year '23-'24, I am taking a whole new approach to reaching students. CPC will be working with independent college admissions counselors from across the nation to ensure your access to both free and paid guidance for your children/students..., stay tuned.
Even as college applications surge, a number of institutions are in financial jeopardy.