When I have a question about paying for college—saving, applying for financial aid, getting scholarships, etc.—Mark Kantrowitz, an expert who shares more free advice than just about anyone, is my go-to source. Here’s his latest, this time about how to choose the best 529 college savings plan.
Gamble on yourself
Hoping to win the lottery is not a sound plan for your financial future. It would be great if it happened, but it’s probably smart to earn and save on your own, too.
You can wait to write your book, build your app, or record your music once you get a publisher, investors, or an agent. Or you can just make your very best work, put it into the world—a blog, a PDF, or YouTube—and see how people respond to it.
If you want to make it as an actor, you can move to Hollywood and network tirelessly in the hopes of meeting the right industry insider at the right party at the right time. But your chances of success are better if you relentlessly work to become the best actor you can possibly be by taking classes, acting in community theater, and really honing your craft.
And you can hang your hopes of future success on getting admitted to a highly selective college. There’s nothing wrong with wanting big things for yourself.
But like state lotteries, fame, and other windfalls, the mathematics don’t lie—your odds aren’t good. And hoping that somebody else picks you gives them all the power.
The surest bet is to gamble on yourself. Learn as much as you can. and take an active interest in your education. Pursue things that interest you so you can make discoveries about yourself and your talents.
Gambling on yourself pays off no matter which college says yes.
No overnight success
I love this turn of phrase from Twitter founder Biz Stone on his blog:
“Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.”
If you look at the trajectories of successful individuals and businesses, very few of them hit home runs with the first swing. They worked hard, won some, lost some, learned along the way, and just kept going.
High school students, if you want to be successful, it’s not going to happen overnight, and it certainly won’t be determined by an admission or denial from one college.
Work hard, enjoy your successes, learn from your failures, and just keep going. Do that long enough and eventually you’ll be an overnight success.
It’ll happen sooner if you start now.
Bigger than the work
We do a lot of training for our counselors at Collegewise, and much of it teaches how to use our system. We have our own Collegewise way of doing everything from handling an introductory meeting with a family, to helping a student find the right colleges, to brainstorming a college essay. After nearly 15 years and more than 7,000 students, we think we’ve found the most effective ways for us to guide the families who join our program.
But the training we did yesterday called “The Remarkable College Counselor” was different. We talked about how the best counselors are able to deliver something in their interactions with families that’s bigger than the work they’ve been hired to do. And there’s no system, no operations manual, no checklist that will promise those outcomes. Counselors have to find their own way, using their own unique gifts and strengths to create those kinds of experiences.
Families expect that a private counselor will do what they’ve paid you to do. They expect that you’ll guide them towards appropriate college lists, error-free essays, and compelling applications.
But the remarkable college counselors deliver things that families value even more, like hope, relief, joy, and enthusiasm. No two great Collegewise counselors get there exactly the same way. They’re not following a map because there isn’t one. A counselor who waits to be told exactly what to do, or who tries to mimic the steps another counselor takes, will probably never be as successful as one who sees the desired outcomes and then finds her own way of getting there.
For students, college admissions works in much the same way.
If you try to satisfy an imaginary formula, or if you mimic the choices of a student who got into what has become your dream school, you’re likely to get frustrated and even to fall short because you’re trying to follow a map where there isn’t one.
Yes, there are smart steps to take in college planning, like choosing the right classes and scheduling the appropriate standardized tests at the right times. But the best way to deliver the outcomes that colleges value most, those that can’t be found on a transcript, like work ethic, curiosity, passion, character, etc., is to stop looking for a map and start charting your own path.
Step-by-step works great for making burgers—but it’s not so great for creating successful people.
Whether you’re sitting in a history class, editing a story for the school paper, leading a group, or volunteering for a cause you care about, do it in a way that creates an outcome that’s bigger than the work itself. Bring enough energy, enthusiasm, and attention to the work that you leave a legacy that someone else couldn’t duplicate by just copying what you did.
Doing the work is important. But you’ll stand out more when in addition to completing the task, you create an outcome that’s bigger than the work itself.
Make the ordinary remarkable
The world’s largest Laundromat serves free pizza on Wednesday nights and free donuts on Sunday mornings. They have large TVs showing Univision and the Disney Channel (a majority of its customers are Spanish speakers who are there with their children). They offer free Wi-Fi, arcade games, and desks for kids to do homework. Carpeted, clean, welcoming, and safe, it’s unlike any other Laundromat in town (and likely in any other town). And not surprisingly, it’s always busy.
There are two lessons here for small businesses, schools, organizations, and even individuals.
1. You’ll never go wrong if you think really hard about what your customers (or employees, or students, or club members) might really appreciate.
2. Something that’s ordinary by itself (like doing laundry in a Laundromat) can become remarkable when done in a way that’s noticeable and worth talking about.
For parents: It’s not about you
Robert Wilonsky, father and a writer on the blog of the Texas Rangers, shares this in his recent article, Texas Rangers manager Jeff Banister to sports parents: It’s about your child, not you.
“If I had to pick out a key phrase [from my interview with Banister], it’s this one: If you talk to your child while they’re competing — even from a distance, even in a whisper — that’s all they can hear. And it’s the last thing they need to hear. ‘When you are on the field as an athlete, especially as a young athlete, the people you do not want to disappoint the most are your parents,’ he [Banister] says. And when a child hears a parent’s voice, especially one telling them what ‘they’ve done incorrectly or need to do more of, it adds to the tension and the anxiety. When you’re there and you’re cheering and you’re clapping and lending support, their feeling is so much greater. They’re going to compete harder. They’re going to focus. … When they hear the clapping they know they did something good.’”
Remember that the baseball diamond isn’t the only place where kids will feel better, focus, and compete harder when they hear a parent cheering them on from the literal or figurative sidelines.
Excuses vs. explanations
When you’ve dropped the ball in some way, whether or not it was your fault, there’s a difference between an excuse and an explanation.
An excuse is a way of saying, “It’s not my fault!” It’s a request to be excused, a reason that you think you should be released from blame, obligation, or the need to apologize.
I got a D in French because the teacher doesn’t like me.
I came home two hours past curfew, but my friends needed rides home.
My grades dropped, but it’s because my activities took up too much of my time.
All of those are requests to be absolved. None of them accept blame or offer any insight about how to change the outcome next time. That’s why most excuses, even when they’re true, are usually pretty worthless on their own.
An explanation, on the other hand, seeks an understanding of how or why something happened. And explanations don’t necessarily let the explainer off the hook.
I got a D in French. The teacher and I don’t seem to get along very well, and that’s probably because I goofed off for the first quarter before I really started trying.
I came home two hours past curfew because I’d promised to be the designated driver and my friends needed to get home. But it’s not a good system if I have to be irresponsible to help keep other people safe.
My grades dropped because I took on too much outside of class. I made too many commitments to too many people, and no matter what I did, I just couldn’t keep up.
Explanations are more productive for you and for others. They show that you’re more concerned with really looking at what happened than you are with just saving your own skin. They lead to a better understanding of what actually happened which helps you prevent recurring scenarios. And most importantly, explanations leave room for taking responsibility or even apologizing.
The next time something hasn’t gone as planned and you’re at the center of it, try offering up an explanation instead of an excuse.
The best in your world?
Are you the world’s best second-chair flutist, Key Club treasurer, or yearbook section editor? Probably not. There are too many people in the world to best all of them, or even to know for sure how you rate.
But you can be the best in your world.
What if you so excelled as the second-chair flutist in your high school orchestra that you’d be missed if you transferred to a different school? What if your work ethic was so good that you actually made the first-chair flutist even better? What if your passion for music was so contagious that you lifted up the entire group and made everyone that much happier to be involved?
You’d be the best in your world.
You can do the same thing scooping ice cream at a part-time job, volunteering at a shelter, or taking pictures for the yearbook. What would constitute the very best for this particular time, place, and group? If you can meet or beat that vision, there’s no need to measure up against other scoopers or volunteers or photographers. You’re already the best in your world.
The world is a big place. Your world is not. And nobody is better informed or positioned than you are to be the best at something in your world. Instead of worrying about how you’ll compare with everyone who’s applying to college, start by making the world smaller. It is your world, after all.
Here’s a past post detailing author and Stanford Business School professor Jim Collins’s take on “creating a pocket of greatness.”
Colleges: are your FAQ’s frequently-asked?
How often do you find an answer to your question on a company’s online FAQ section? For me, that answer is, “Almost never.” Instead of saying to the visitor, “Here are ten things many people who show up here want to know,” most FAQ sections read like they should be titled, “Here’s a bunch of stuff we want to say (whether or not you might be interested).”
College admissions offices, as you prepare for yet another admissions season, here are a few suggestions to launch, or improve, the FAQ section of your site:
1. Identify the “Frequently asked.”
The easiest but most important step is to identify which questions are, in fact, “frequently asked.” Take a poll. Ask every member on the staff to submit the top three questions they consistently find themselves answering in terms of frequency. Include questions that come in by email, phone, and in person when giving presentations. Pick the 10 or 15 that come up over and over again. Those are your FAQs.
2. Find the best person to answer each one.
For each question, find the best person to answer it. It might be the staffer who’s the most knowledgeable (even if that person doesn’t work in the admissions office), the best writer in the office, or just the one who most wants to take it on.
3. Give good answers.
Empower your answer-providers to tell the truth, in clear, honest, helpful language. No wishy-washy double speak. The best way to find that voice when answering the question? Pretend it’s Grandma asking.
4. Consider a “Top Ten Things We Wish Applicants Knew” list
A great FAQ section takes care of those questions that people actually ask. Now, what questions do you wish were more frequently asked? What ten things could you share with applicants that would make their process smoother and your job easier?
For example:
1. Please don’t send us more than two letters of rec. We’ll only read two of them no matter how many you send. If you send four, we’ll still read just two, and you won’t get to decide which two we’ll read.
2. Your decision whether or not to interview during a campus visit has absolutely no influence on your admissions chances. It’s just a time for you to ask questions and learn more about our school (colleges call these “informative interviews”). If you’ve got questions, we’d love to chat! But if not, no hard feelings. Really , we won’t penalize you for skipping it.
Address real questions and concerns in an honest, clear, informative way. Then do the same thing with the information that you know will help your audience. It will make the process less stressful for applicants, and easier for your staff that typically fields the questions. And most importantly, you’ll be setting a tone that the admissions office is run by real people who genuinely want to do right by students.
The effective dose of college planning
Where is the line between taking a student’s college planning seriously, and taking it too seriously? One way to find that balance is to look for the effective dose.
In pharmacology, the effective does of a medicine is the dose or amount needed to produce the desired effect. If you’ve got a headache, you’ll need to take an effective dose of Aspirin before you’ll feel any relief. Not taking enough will be akin (from a pain-relief standpoint) to not taking any at all. But there’s also a certain point at which raising the dose no longer increases the effect. Taking 10 Aspirin doesn’t bring you ten times the relief and might even have negative health effects. At a high enough dose, pretty much any substance can be unhealthy or even dangerous. Responsible medicine recommends the dose that will help without hurting.
Clearly, a student’s education and future deserve to be taken seriously. But when that focus stops paying back benefits and starts producing unhealthy side-effects, you’ve exceeded the effective dose.
A student who challenges herself and studies hard is within the effective dose. A student who is so overworked that she hasn’t slept more than four hours a night in the last semester is exceeding it.
Some prep for the SAT or ACT? A good dose. Becoming a professional test-prepper, spending more time with a tutor than you do with your homework or your jazz band or your family? Now you’re exceeding it. You won’t get a corresponding leap in scores, and you’re also likely damaging your college admissions health by sacrificing grades, activities, and sanity.
A student who asks a teacher for help is within the healthy dose. A parent who wages academic war with the counseling office to raise their student’s chemistry grade from a B to an A is exceeding the dose.
Playing baseball because a student likes being on the team even though he doesn’t get a lot of playing time is a healthy dose of pre-college activities. Plodding ahead through an activity a student hates for fear that quitting will reflect negatively on a college application is an over-dose of college planning and likely won’t be effective.
A student who believes she’s found her dream college, who uses her desire to attend as motivation to succeed in high school, that’s a healthy dose. But if she starts believing that the only way she’ll ever be happy is to attend this one school, if she spends her high school years anxiously trying to satisfy a (non-existent) magic formula for admission, especially in pursuit of a school that denies most of its applicants, she’ll be exceeding the recommended dosage.
Remember, the effective dose won’t always be pleasant. Physical therapy can sometimes be painful for the patient, and a student who wants to succeed might frequently need to do things he or she doesn’t necessarily want to do.
But done right, an effective dose of college planning should produce healthy benefits—learning, growth, increased confidence, enjoyment, and an excitement about college.
Is your current college planning producing more harm than benefit—anxiety, fear, loss of confidence, even dread? The best cure might be to change your dosage.
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