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Selecting a College: How Important is the School’s Reputation?

August 19th, 2009 Chandri No comments

Every year, millions of high school graduates all over the United States are encountering difficulties in deciding what college degrees to pursue or where to get such degrees.

Guidance counselors of high schools are offering advice on what career paths to take and which colleges to go to, but the decision is still left primarily to the students themselves.

Everyone wants to go to the top and the best universities in the country. But because almost everyone wants to be there, the slots are limited and extensive screening processes are implemented.

Thus, an average college wannabe will find it hard to get into the top universities. He could try his luck then, but still has to compete with thousands more who are aspiring like him to secure one of the limited college slots.

There… Continue reading

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The Broke College Student’s Guide to Finding Money for College

August 19th, 2009 Chandri No comments

The Broke College Student’s Guide to Finding Money for College

Money for college? It’s out there, all right. All you have to know is how to get it. If you’re seriously considering how to get funding for your college education, then best start your search now. You’d have better chances of getting money for your college education if you start looking ahead. Here’s why

There are requirements. Groups and institutions just dont give away money. You have to earn it. Find out first if you’re eligible and then ask about the application process. There are forms to be filled out and filed, along with other documents such as your tax returns. Most colleges have filing deadlines in February and by that time, money reserves for grants may have already decreased, so it… Continue reading

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Does the Sheepskin Effect Guarantee Higher Salaries?

August 19th, 2009 Chandri No comments

Arguably one of the best determinants of higher salaries in the labor market is the level of educational attainment that an employee has. This is not a surprise, since it’s not unusual to see managers and corporate leaders who are graduates of universities and colleges and holders of two-year or four-year or more degrees. While there are exceptions to the rule, there certainly seems to exist a sheepskin effect on both education and earnings.

What the sheepskin effect is
The sheepskin effect is also called the credential effects. It refers to the economic increases in earnings that can be associated with the completion of a degree or a diploma, including high school, associate and university degrees.

While earlier studies regarding the labor market assume that the only variable that is relevant… Continue reading

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