Tag Archives: FASFA

What it Takes for Students to Become Financially Independent


Best and Worst Undergrad College Degrees by Major - Are we asking the right question?When does a student become financially independent?  This is a question that most students and parents struggle with.

This independence question gains importance as you turn 18 and intensifies as you move to full independence. For college students (those college bound please heed this), the watch-out is to not get on a financial “high” in your sophomore year of college because you saved and were frugal your freshman year. And don’t go into apathy as you see your student loan debt growing in your junior year. For all students regardless of post-secondary direction, the 18 – 21 age range is when you are practicing your independent role. You are now an adult which means you are supposed to be independent. Right? Well, it just isn’t that simple any more.

In the late ’70s, I faced the challenge of putting myself through college without much help. I used government-sponsored grants and low-interest loans sparingly. I worked at least one job during school at all times and summers and spring break and christmas holidays. I came out after four and a half years with a relatively small amount of debt. I remember driving out of my college town for the final time with no cash. My last amount of cash was used to fill the gas tank. I didn’t have a job. I lived with my parents for 3 months after finishing college. The 3 months living at home and looking for my first career job seemed like forever. As it turns out I was lucky it took only 3 months. Once my “professional” paycheck started coming in my financial independence and my self-esteem were no longer an issue.

Today, it is more difficult for students to obtain financial independence quickly. It depends on the situation but here are some of the issues students face:

  • The Need for a High GPA – GPA’s of 3.5 or higher is a must have for many companies so students have to study harder and longer to obtain this. Many schools programs are extremely rigorous and a full-time load is really full-time.  This means less time for working.
  • Helicopter Parents – Parents are making many decisions for children way past the age of 18. Instead of helping them work towards independence, they are making decisions perhaps the student should be making. Many parents tend to pay for most everything for the student without a thought.  This hinders the students ability to grow and learn life lessons.
  • College Involvement – Many students are heavily involved in programs or athletics in school.  It is difficult to work and be committed to studies and a full-time extra-curricular activities.
  • College Costs – College costs have become astronomical. In many cases, it is impossible for a student to be completely financially independent particularly if they are attending an expensive college. Parents are having to assist more today than ever before. One rule, you should never have to pay full sticker price for college regardless of college choice. There seems to be a significant gap between “advertised price” and “actual price”. Actual will be less.

Here are some ideas to help students reach financial independence by the time they graduate or shortly thereafter:

  • Budget – Students should sit down with their parents before they turn 18 and obtain a list of all the expenses the parents pay for.  Both parties should discuss items that the student can begin to start paying for.  Over a period of time, the student should begin to take on more responsibility for expenses. Many times, the parent agrees to pay for things until the student graduates from college. After starting that first job upon graduation, the first pay check is celebrated with a transfer of obligations for those things the parents have been paying (gas card, cell phone and data plan, insurance, etc.).
  • College Costs – Both parents and students should be involved in filling out financial information for FAFSA, deciding on a school, obtaining scholarships, loans, grants,etc…it seems complicated but as you get into it, you’ll find it isn’t too much. It’s just tedious. Don’t let your parents take the lead here. This is an opportunity for students to practice their self-starting, decision-making and personal accountability skills which are critical to becoming independent.
  • Developing Credit – Credit is something that a student needs to start developing. Start with a very low credit limit ($100), charging small items and paying them off the same month. The earlier you are able to establish some credit, the better off you will be.  If your parents are involved in paying for your education, let them know you are doing this but don’t rely on them to bail you out if you get in trouble. I don’t recommend parents co-signing for the credit card or giving the student a credit card.
  • Planning for the Future – Stay aware of the need for some savings for an apartment rental for when you graduate.  The student should look through the local newspaper or search ‘Google apartment expenses’ to get an idea of today’s rent, down payment, utilities, etc…
  • Work with Your Parents and Surprise Them – Both parents and students should work together as a team and discuss how to gain financial independence and set realistic goals.  Demonstrating to your parents that you make good decisions will reap big rewards and help to change the relationship from parent-child to parent-adult. they’ll always be your parents but you are probably ready to change the relationship so here is your chance to break the parent habit in a good way.
  • Do Research – There is plenty of information on finance geared to the college student. Student Resource Central™ has practically everything you need, but if not, there are books that will go deeper. You can find our recommendations on our Amazon e-store.
  • Choosing a college that is best for youTHINK Like an Entrepreneur – Whether you work at the local grocery store, provide babysitting services or start your own lawn care company, always give your best and be disciplined in your approach to work. If you are working for a company (such as the local grocery store or retail store or restaurant) look at yourself from the manager’s eyes. What do they want from you? They want you to be on time, be prepared and be responsive to the needs of customers and to them.
  • There are No Mistakes – Learn from your lessons as difficult as they may be. Everyone was a teenager at one time. Everyone goes through a learning process. Avoid feeling bad about any mistakes you make. Always use mistakes or failures as learning opportunities – keep going. Don’t rely on your parents to bail you out when something doesn’t go the way you planned. Learning life lessons early on in life prepares us to be stronger, more independent adults.

Carl Nielson is Chief Discovery Officer of Success Discoveries and Managing Principal of The Nielson Group, an organizational development consulting firm that provides executive development coaching, team development and assessments for hiring. As creator of the Career Coaching for Students program for high school students and Career and Success Skills Mastery for College Students and Recent Grads, Carl has helped thousands of students find a better way through the career exploration process that works.  Assessment and coaching packages start at $399. Local public workshops, distance-coaching and in-school programs available. Call for more information at 972.346.2892.

How to Have an Effect on Student Achievement


visible-learning-infographic-whatworksinschoolsFirst, let’s put this in context. I am a career coach. I designed a career coaching program, Career Coaching for Students, that I hope is provided to every high school freshmen or sophomore student in the future (I’m not over shooting here am I?).  I am not one to think my hammer is the tool needed for all situations. Student academic achievement is a very complex issue. And ironically, many students would excel if everyone and everything got out of their way.

This article is trying to find why Career Coaching for Students is more effective than what is now offered in high schools and why it has a positive impact on student engagement and achievement.

A very high percentage of students that go through the Career Coaching for Students increase their academic achievement after completing the program. Besides the anecdotal evidence (common sense) that a person who really understands themselves, has identified a potential career that matches their talent design (found a passion) and has developed their own plan for their future tends to be much more engaged – are there more predictive specifics related to why this program works better than other programs?

Osiris Educational in the UK produced an info graphic that reports many statistical findings about what has a positive and negative effect on student achievement. As I examined their data, I became very excited to see many of the strategic pieces in the structure of the Career Coaching for Students program were matching up to the top effects. The authors of the info graphic gave their short explanation of why the top effects work to increase student achievement. I will use their explanations (posted in italics) to form the basis for my comments here.

Top Effects and Why They Work for Career Coaching for Students

1. Self-reported grades/student expectations. This means they are more likely to be successful than other learners as they will be the active element in their learning. Students experience the Career Coaching for Students program like a journey. A coach is not a teacher or parent. We co-create success in examining post-secondary education and career options based on the student’s personal interests. The coach has the methods and tools for the student to quickly identify and learn about high-potential career ideas and engage in research. We don’t leave it to a career assessment listing of job titles found in many assessments. We find the student quickly feels in control and is able to set their own expectations at every step. We just make it easy – it’s all about the student.

2. Teacher credibility. Students are perceptive to which teachers can make a difference to their learning. Teachers who command this credibility are more likely to make a difference. There are two areas of credibility that are crucial to student career coaching. First is the coach’s credibility. It is very difficult for a teacher or counselor whose career has been entirely in the academic world to have a full perspective. Those career coaches that have the greatest credibility tend to have experience in human resource management and/or business management across diverse industries. The second is the assessment’s credibility. Students are perceptive when it comes to reading the different assessments offered through schools. If the assessment produces garbage – or the student perceives the information as less than helpful, you’ve lost the student. Our assessments provide over 40 pages of insights about the student. Our most common comment from students – “This is incredibly accurate.

3. Feedback. Speed of learning doubles following effective feedback. Praise, punishment and rewards are the least effective forms of feedback. Feedback should be just in time, ‘just for me’ information and delivered when and where it has the best benefit. I couldn’t write a better statement to describe the design of the Career Coaching for Students program. Our feedback comes in many forms. First there are the assessment reports (about 40 pages of feedback about who you are). Then there is how to use that information. We unfold the information and integrate it strategically so that the student can connect the dots quickly and easily. ‘Just for me’ is a perfect description of the feedback at every step.

4. Classroom management. Teachers who have well managed classrooms can identify and respond quickly to potential issues and are emotionally objective. Whether we are delivering the Career Coaching for Students program in a classroom or workshop environment or in a more personalized one-on-one setting, the structured approach to “peeling the career exploration onion” with the student enables us as coaches to identify and respond quickly to questions and issues. Remaining emotionally objective has more to do with being non-judgmental about the student’s aspirations. Our approach leaves very little room for subjective reactions to career ideas. We ask great questions that make the student think for themselves. We don’t tell them anything.

5. Parental involvement. Active and positive parents who help students to have high expectations have a positive impact on student achievement. Surveillance or supervision can have a detrimental effect. The Career Coaching for Students program encourages the student to welcome parental involvement and encourages parents to be involved at the right level. Parental involvement is a two-way street that can be more like a slippery climb up an icy road sometimes. Parents who quickly react negatively to career ideas will kill the student’s engagement. We’ve seen it happen more than a few times. Helping the student recover from that slows down their progress. Career exploration is a journey. The student needs to know they are free to explore and will be encouraged throughout the process. With that said, parents have a huge impact on student self esteem and healthy development of responsible independent thinking. We refer often to the program as a “How to make big Decisions” skill development program. It just happens to be focused on career exploration. Parents play a big role here.

6. Cooperative Learning. Students learn better cooperatively than alone or competitively. This form of learning also increases interest and the ability to problem solve through interacting with peers. This one explains why I like the workshop venue. But I’m getting ahead of myself. The student-coach relationship exists to co-create success for the student. Alone doesn’t work – we’ve seen that with the web portal (XAP, Naviance, others) solutions that many high schools subscribe to (see earlier blog article for more about this). In the workshop venue, we see many students with friends in the same workshop. They sit next to each other. Given that career exploration is a very personal exercise, the relationships with fellow attendees in the workshop is very supportive.

The six effects above help to explain why the Career Coaching for Students program is highly effective with all types of students. When it comes to improving academic achievement, I still think the anecdotal evidence is the most valid – that a person who really understands themselves, has identified a potential career that matches their talent design (found a passion) and has a plan for their future tends to be much more engaged – and therefore, much more interested in their own academic achievement.

One of the most frequent comments we hear from parents is “Wow! I wish I had this when I was in high school.

Carl Nielson is Chief Discovery Officer of Success Discoveries and Career Coaching for Students. He is also an organizational development consultant, executive development coach, and creator of the Career Coaching for Students program for high school students and Career and Success Skills Mastery for College Students and Recent Grads.  Assessment and coaching packages start at $349 – checkout the Summer 2013 special offer – 30-days coaching support with the Home Study coaching package.

Student Resource Central 10x more useful than ConnectEDU, Naviance, Kuder, Career Cruisin or XAP


The Career Coaching for Students™ program has so much to it. Independent career coaches, high school counselors and college career center counselors are finding the assessments and strategies creating significant breakthroughs. We call this disruptive technology.

This article focuses on one part of the program that other programs minimize. Student Resources Central™ offers students and parents access to the best resources on the web. From career research, choosing a major, choosing a school, financial aid, scholarship research, college admissions and application process to the latest in resume portfolios, this portal to the vast unlimited resources on the web has it all. The website sprinkles advice throughout. The organizational layout enables the user to go exactly where they need to within two clicks.        SRC Welcome Page

Below are screen shots of the main tabs. Each main tab has subtabs that offer carefully selected resources. Click on the screenshot to see a larger view to read the subtabs.

Criteria for a resource to be included in Student Resource Central:

Quality of information. Including the source, we don’t think it helps you to receive bad, biased, out-dated or partial information.

Agenda-free. The recommended resources are not operating a marketing data collection site that will use your personal information to market their sponsors.

Ease-of-use. There are plenty of web information pages. Just do a simple search on one topic and you’ll find millions of pages. Which are really worthy of your time? How much time will you have to spend shuffling through hundreds of pages before you get to the right pages of information? With SRC, you’ll quickly find your way through any webpage we direct you to.

Several great take-action recommendations

Several great take-action recommendations

 

Career Coaching for Students extensive library of worksheets, videos, and more

Career Coaching for Students extensive library of worksheets, videos, and more

The most extensive Career Research portal on the web - and easy to use

The most extensive Career Research portal on the web – and easy to use – including several extensive career video libraries.

Education Research that gives you what you need - like college freshman retention rates and graduation rates

Education Research that gives you what you need – like college freshman retention rates and graduation rates

Straight scoop, how to and information with integrity is what the Financial Aid and Scholarship resources are about. Most scholarship websites are nothing more than marketing websites. Not at SRC.

Straight scoop, how to and information with integrity is what the Financial Aid and Scholarship resources are about. Most scholarship websites are nothing more than marketing websites. Not at SRC.

Writing a resume and developing interview skills are just the beginning. So much for you to leverage including career advice videos.

Writing a resume and developing interview skills are just the beginning. So much for you to leverage including career advice videos.

Using social networking sites is key to career research, getting inside information about colleges and universities, finding internships and landing the first job out of college. The latest in using Portfolios is reviewed with a list of free cloud-based portfolio apps.

Using social networking sites is key to career research, getting inside information about colleges and universities, finding internships and landing the first job out of college. The latest in using Portfolios is reviewed with a list of free cloud-based portfolio apps.

If all of that isn’t enough, Student Resource Central is including the Life Skills for Students™ program too – for the one price.

The good news is that if you’ve purchased the Home Study Personal Edition of Career Coaching for Students or engage one of the licensed facilitators for a one-on-one service or workshop in your area, you receive Student Resource Central automatically. Purchasing the full package is the best way to go.

However, if you don’t want to buy the entire Career Coaching for Students program and receive the cool assessments and student binder, Student Resource Central is available, for a limited time, at a ridiculously cheap rate. The same rate applies for families or teachers wanting to use the resources for an entire class.

After comparing to other offerings, it becomes obvious that those other programs are trying to do the minimum while maximizing profits. Student Resource Central – well – is just simple, common sense that everyone can benefit from.

 

Is FastWeb Worth the Trouble?


FastWeb has done a great job of marketing. Even this not-so-complimentary article is giving them publicity. The saying “any publicity is good publicity” fits when trying to assess the value of FastWeb and other “for profit” Internet marketing portals. Stick with me to the end of this article for some excellent resources.

Working through the FastWeb site, I quickly found the volume of personal information requested to get going—from the student’s prospective major to grade-point average and ethnic heritage and much more – was a marketer’s dream come true. Steve Boyce, director of marketing for FastWeb (which started as an independent company but was acquired by the job-placement site Monster.com in 2001), explains that it’s necessary to link relevant scholarships to applicants. If customers agree to release that information, FastWeb shares all of your data with third parties (who pay them good money for your data). According to the FastWeb privacy policy, recipients include “data aggregators” and marketers compiling lists to sell to colleges, for-profit vocational institutions and even the military.

Before seeing the scholarships, the site required me to click “no thanks” to offers from survey companies, online universities and U.S. Navy recruiters. Boyce says that FastWeb tries to maintain a proper balance between users and advertisers who fund the business, but the pushiness of the ads gave me the impression that FastWeb knows that its users won’t bail because they’re desperate for college funds.

Once you get to the scholarships FastWeb finds for you, how many are really worth pursuing? Put aside for a moment the esoteric nature of some of the grants, like the $1,500 scholarship for duck-calling. The Internet’s instant access to information about potential awards, as well as the desire of sites like FastWeb to list thousands of opportunities, has led to an abundance of what are called “promotional scholarships”. These are very inexpensive marketing strategies for a company to woo customers under the guise of kindness to a worthy young person. Since FastWeb doesn’t rate the quality of its scholarships, the listed scholarships are positioned as just as valid as more-traditional, less-exploitative grants. There also seems to be know real way to confirm a scholarship was ever awarded. It would be nice if there were a clearing house that certified the scholarship and verified the money was actually paid out. (Boyce says that the site is working on a system to identify and explain the promotional scholarships.)

Donald Heller, director of the Center for the Study of Higher Education at Pennsylvania State University, says that applying for scholarships found on FastWeb and similar sites isn’t worth the effort for most families.

Scholarship Success - Money is Out There!A case in point is the Coca-Cola College Bound Contest, brought to you by the Chuck E. Cheese pizza operation. The winner gets $25,000 toward a college fund. To qualify, you are asked to register for the “Chuck E-Club,” thus opening one’s IN BOX to a stream of offers from the company. (Tucked in the bottom of the Web page was a link that allowed you to enter the contest without joining the club.) According to Chuck E. Cheese spokesperson Brenda Holloway, more than 1.6 million contestants signed up for the contest. She doesn’t specify how many of those joined the club (typically in contests, the majority of entrants take the suggested path), but did say that the club’s population rose. That’s hundreds of thousands of new Chuck E. members, at a nominal cost to the company compared to other types of marketing. And only one person receives a scholarship. They’ve redefined the saying “one in a million odds”.

Many of the FastWeb offers ask entrants to write essays—in the aggregate, students spend millions of hours creating themes that will pay off to only a very few. Sometimes the assignments appear to be a form of indoctrination, like the ones offered by the Ayn Rand Institute to expound on issues in “The Fountainhead” or “Atlas Shrugged.” Then there is the $250 prize given to the best essay based on the themes of the book “High School’s Not Forever”—a gift offered by the book’s authors.

One of the more ubiquitous scholarship sponsors on FastWeb is a company called Brickfish, which often asks students to compete for small grants ($500 or less) by making a video or blog post involving a consumer product that pays Brickfish to run a marketing campaign. “Offering a scholarship program sends a positive message, one of good will,” says Brickfish CEO Brian Dunn. And though college costs are high, modest prizes are sufficient to get the reaction Brickfish wants. “Oddly enough, people react better to smaller amounts-—they think they’re more likely to win,” Dunn says.

Donald Heller, director of the Center for the Study of Higher Education at Pennsylvania State University, says that applying for scholarships found on FastWeb and similar sites isn’t worth the effort for most families. “The real action is in the dollars given by the institutions themselves,” he says. (FastWeb’s Boyce says he has no statistics to prove it, but “anecdotal evidence suggests we are helping students meet their goals.”)

As for my own family’s strategy, my wife has become an expert on completing the necessary FAFSA forms and following the specific college financial aid process that most colleges post on their website. We also keep an eye out for scholarship programs related to our kids activities (Boys Scouts, Girl Scouts, Athletics, local/community) that don’t involve competing with FastWeb’s 38 million registered users. We also found Pete Becker’s e-book, The College Financial Aid Game: How to Get Your Fair Share to be a refreshing guide and explanation for how “to get your fair share”, which is found on our resources website.

Like Pete Becker, I found  Linda Byerly, a dedicated volunteer blogger, writes words of wisdom at http://scholarshipcentral.wordpress.com/. You might check her articles out.

Lynn O’Shaughnessy is also providing an interesting blog called The College Solution and has a great article titled “Are These Financial Aid Letters Misleading?.

And last but not least, I have compiled a definitive list of Financial Aid and Scholarship books that you can find at Amazon.

Carl Nielson is a professional career coach, creator of Career Coaching for Students™ and managing principal of The Nielson Group, a management consulting firm specializing in hiring and selection, team effectiveness and executive coaching.

My Graduation Speech…for incoming High School Students


Your personal white board is clean. Write on it wisely.

I posted this as part of another post last June 2010. I’ve updated it and gave it is own post. Incoming high school freshman have a clean white board and an exciting opportunity. As a Dad of a college junior and a high school junior, it is so clear how choices made as an incoming Freshman high school student (not to minimize a foundation for self management and personal accountability that was established years ago) play a significant part in how the student graduates. This isn’t based on just my two kids, it is based on observing them and all of their friends and classmates. So based on my observations, along with my experience in the work world, I offer the following graduation speech for those moving from junior high to senior high school.

As you aim for high school, you have an incredible opportunity before you. Think of this time as a clean white board. I don’t mean to suggest your past doesn’t matter. Your past is a part of your future . If you perceive your past as positive, you can choose to carry those thoughts forward. If you consider your past to be less than you desire for the future, you can make choices about that too. You see, you have choices you are making right now.

But let’s test your perception of your past. Close your eyes. think about your first kiss (if that has happened already). Your favorite book you’ve ever read? Your favorite TV show… and movie? How do you see your parents? Your teachers? Your coaches? Your grades? Your study habits? Your desire to be involved?

All of this is going to impact your future. If you see your past positively, it will serve you well as a foundation for the future. If your past was personally less than ideal, it can serve you well as a motivator for creating that better future for yourself. Either way, the future is totally in your control – others do not have control of your future – only you do.

Even though you’ve taken several history classes already, you relate most easily to events that have occurred in your own past – your own past is like a drop of water in all the oceans of our great world. What that means is, don’t let your personal experiences limit you. Don’t let your current self perception dictate what you do tomorrow. The majority of teenagers feel inadequate and insecure. Some show their insecurity through shyness. Others through egotistical behaviors. This insecurity comes partially from being intelligent and partially from giving too much power to the concern for others’ perceptions. The intelligent part refers to the fact that you recognize your current ignorance about yourself and the world around you – that’s smart.

Giving too much power to others comes from a lack of sense of self. A lack of self understanding is easily changed. The more you do…that is, the more activities you engage in – especially outside your comfort zone, and the more you do for others, will give you a better sense of self. If you choose to disengage or to follow others rather than lead yourself, you’ll still get a sense of self but it won’t be accurate. Also, personal development experiences will come along slower and they will probably not be as beneficial.

Give yourself permission to study and enjoy learning world history. To give you an idea of how important history is, place yourself into the future, let’s say about 30 years. Today becomes the past. Your entire high school experience has already happened. Now let’s say you are extremely successful 30 years into the future. How did that happen? How did you become extremely successful? Was what you did in high school a part of why you are so successful 30 years out? Did any world events during your school years frame your thinking and shape your motivators? Now that you are successful, how do you define success?

As you emerge into adulthood, life experiences will be overwhelming at times. For some of you, that time has already happened. If your life has been hard already, I salute you and send you a big hug. I promise you will be rewarded. For all of you, you will experience tough times and overwhelming events through your entire life. It isn’t a matter of “if” you have a hard life. You will have a hard life. Let me say that again. “You will have a hard life.” The real question is “how will you lead your life?”. Will you see your life with happiness and gratitude? To answer the question for myself, my life has been a journey. Not an easy journey. I’ve come to realize that hard work isn’t good or bad. I’ve chosen my view of acceptance of life’s hard work. I’ve also developed a great appreciation for what I do and for so many people that have been in my life.

So, what’s your opinion?

Does money create happiness? Click on the link to answer the survey question.
Answer with either yes or no or I don’t know.

I think my happiness increased the most when I stopped judging and started learning. Do you judge your classmates? Or do you learn from your classmates? Do you judge your teachers or learn from them? Do you judge your parents or learn from them?

There was a time I thought I wasn’t very intelligent. It was during my elementary and junior high school days. I learned many years later that I had many intelligences and in fact some were much higher than average. Instead of being egotistical about my abilities, I am humbled by my abilities. I also see everyone else with the same colored glasses…each of you are extremely talented and above average.

How do I know that? You see, I’ve been running a quasi-experiment for 30 years without really knowing it. In my work as a consultant to corporations, I help CEOs and managers select the best person for a particular job or position in those companies. In all of my work, I never measure IQ or “intelligence” to  predict how well a particular candidate or employee will perform. What I measure has more to do with something you already have right now. Your personal talent.

Your talents are already established. All you need to do is add a little ingredient called passion. Of course you need Life Skills and knowledge and use your moral compass. But with passion, your talent, knowledge and a solid foundation in specific life skills guided by a moral compass will take you to a successful future – I guarantee it! Without passion, the other stuff won’t matter much. Don’t let anyone convince you that you aren’t smart enough. You are smart enough – regardless of your grades today. What will count most is that you find what excites you and that you always act with integrity. Because what the world needs is more people who have come alive. For success to find you requires you finding what excites you. There are many paths. You will take several of them to find your success in life. You can do it by chance or you can take control. Either way you’ll get there. For example, you’ll probably have the opportunity to do some career exploration in your Freshman year. You can blow it off or see it as an opportunity. One choice is a slower path than the other path. But in the end it is your choice – to take control of your life or not.

In closing, remember the words stated by many including Quarterback Drew Brees at the Loyola University New Orleans, 2010 Commencement: “Love what you do. You will know it when you find it. Enjoy the journey.”

Now is the time to invest in quality research about you – who you are, what you want to do. You are at the beginning of your journey. The white board is clean. Create the journey that fits you.”

Link to Drew Brees’ speech: http://www.loyno.edu/news/story/2010/5/3/2115

I hope you found this entire article helpful including the links to the full commencement speeches. More 2010 commencement speeches are available at http://www.forbes.com/2010/05/03/commencement-graduation-speakers-2010-leadership-speech.html. Also, if you are in search of an effective student career exploration program, please visit http://www.careercoachingforstudents.net.

Carl Nielson is the developer of Career Coaching for Students™, the premier career exploration program for high school and college students. Nielson is the founder of Success Discoveries (www.successdiscoveries.com) and The Nielson Group (www.nielsongroup.com), a global organizational management consulting firm. Prior to consulting, he served over 20 years in corporate human resources management. He holds a degree in organizational psychology from Texas A&M University. Find Carl on LinkedIn.

If you are looking for true career coaching for students, look at http://www.careercoachingforstudents.net. We offer a high school program and college program. Are you past the college years? Check out free resources at Success Discoveries. Professional career coaching services offered. See what a real career coach looks like.

Copyright © 2010 Success Discoveries, LLC
Career Coaching for Students™ is a trademark of Success Discoveries, LLC
Life Skills for Students™ is a trademark of Success Discoveries, LLC

Student Resource Central is Fast Becoming THE Career and College Research Go-To Site


Student Resource Central™, the secure-access part of the Career Coaching for Students™ website is fast becoming THE Career and College Research Go-To Site for students: Incredibly rich with high-quality, high-value and validated content that saves incredible amounts of time for students (and parents).

The Career Coaching for Students™ program is the pride and joy for Success Discoveries (other programs will be coming in time). Because of the depth and quality of the program, the Home Study Personal Edition is $349 (current price) and workshops being offered in various areas of the U.S. range from $500 to $850 per student. While it is worth the price of admission, many families won’t be signing up. Yet, we have an incredibly rich amount of web content for students to use for career exploration exercises, search for colleges that match their educational goals, learn about financial aid, budgeting for college and scholarships and much more. Until now, you had to sign up for the one-on-one coaching or one of the workshop programs to have access to the Student Resource Central site.

We are now offering a $19.95 family license to access Student Resource Central™, the premier career and college exploration resource site. This one-time fee provides access with no expiration. Have more than one child approaching high school? Your username and password will still work next year and the year after. And we provide a 100% satisfaction guarantee or your money back.

We wish every student could take advantage of the full Career Coaching for Students™ program. For those that can’t, access to Student Resource Central™ can be the next best thing.

For-Profit Colleges Mislead Students


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On May 4, 2010, we posted an article on this blog and at the home page of Career Coaching for Students™ entitled PBS Frontline Exposes Fraud at For-Profit Schools. Obviously we have to give PBS credit for the story. Now it seems the General Accounting Office (GAO, United States Agency) has published their findings which are both confirming the PBS story and very damning for the “For-Profit Educational Industry”. These “for profits” offer “extensive career planning and placement programs” which has been the enabler for the “for-profit college industry” to secure significant market share in the higher education industry.

According to the United States Government Accountability Office (GAO), nearly two million students attend for-profit colleges, pursuing bachelor’s and associate’s degrees in disciplines that range from cosmetology to nursing and engineering. In 2009, for-profit colleges received more than $20 billion in federal loans and grants. These are powerful institutions that students, the government, and employers have trusted with a significant part of our society’s future. Knowing this information, you can imagine the outrage and shock that accompanied today’s GAO report that implicated 15 for-profit colleges in deceptive recruiting & career planning practices.

Of the 15 colleges tested, four institutions were guilty of fraud in their aggressive and misleading marketing techniques. As part of the GAO’s undercover investigation, four agents posed as prospective students and met with admissions staff for financial aid, tuition, and career planning information. The test revealed the following questionable marketing practices:

  • One for-profit college encouraged an applicant to hide $250,000 worth of assets on a federal financial aid application
  • According to The New York Times, another college encouraged a student to lie about dependents on a financial aid application 
  • Admissions representatives misrepresented tuition costs, quoting the price of classes for nine months instead of one full year
  • Students were provided with false career planning advice. For example, one program mentioned that barbers could earn up to $250,000 annually. According to the Bureau of Labor Statistics, 90 percent of barbers earn $43,000 per year.
  • One admissions representative undermined the financial burden of student loans, implying that defaulters cannot be held accountable for missed payments
  • Admissions representatives engaged in aggressive marketing strategies, pressuring the undercover agents to sign contracts even if they weren’t ready to make a decision.

Although the names of the 15 for-profit colleges remain confidential, the surveyed programs were in a number of disciplines, offering both associate’s and bachelor’s degrees in subjects ranging from business to cosmetology. This information coincides with an education record.

According to the Bureau of Labor Statistics, 70 percent of high school graduates from the class of 2009 were enrolled in a two-year or four-year program when surveyed in October ’09 — the highest number in United States history. While this is a figure worth celebrating, it is also indicative of a growing issue – proper career exploration and planning.

How many of these students are making informed career decisions when choosing a program to attend? How many of these students will position themselves to guarantee a return on investment, and how many will drown in debt upon graduation, falling victim to aggressive marketing practices, false career planning advice, and unrealistic expectations about career prospects? Whether or not students have fair access to objective information, they are still responsible for the costs and consequences of their education and career planning strategy.

Of all the concerning questions, how many students, by taking the bait at these fraudulent institutions, are missing out on a career that would have been much more fulfilling and resulted in greater success?

Students have to make adult decisions with real consequences at a very young age. The issue isn’t whether students are mature enough to choose and plan their careers. The issue is around access to solid, credible career coaching for students. As a society, as parents, as teachers, and as students, it is more important than ever that career coaching be provided to all students.

If you’re not investing a substantial sum of money, you are investing a substantial amount of time, so be an educated consumer when shopping for a college. Just as you would compare the economic implications of buying a car, you should compare the economic implications of your degree, college, and program relative to career interests. In addition to looking at rankings, prestige, and marketing materials — regardless of whether you are looking at a nonprofit or for-profit college — weigh the economic and educational return on investment. Our students are our future’s most valuable asset, so let’s position them to be successful.

A GREAT OFFER TO READERS OF THIS BLOG – UNLIMITED ACCESS TO STUDENT RESOURCE CENTRAL™ FOR ONLY $19.95: The Career Coaching for Students™ website has an extensive private area for career and educational research that is normally reserved for our individual and workshop clients. Each resource has been evaluated for its quality, value and ethical representation of information. We call it Student Resources Central™. Due to the new, alarming information about corrupt “for-profit” institutional practices, we are offering the full Student Resources Central site to parents** and students for $19.95 per access license. This is a unique offer and the access has no expiration. If you are a high school administrator or teacher and would like to gain access to the site for all of your students we offer the same price to you also. This one-time purchase provides access with no expiration. To buy an access license go here. Aren’t sure it is worth it? We guarantee your satisfaction* or we’ll give you a full refund and we’ll eat the credit card fees.

*Guarantee will be honored for 30 days. After 30 days we figure you found the site helpful.
**This offer is not available to professionals or organizations that offer career guidance services, tools or products. For more information on becoming a Career Coaching for Students™ Licensed Facilitator which includes full rights to use Student Resource Central  with all of your customers contact Carl Nielson at 972.346.2892 or visit our Coach Facilitator information page on the website.