Comments on: best financial move in college, part 1 http://www.bripblap.com/best-financial-move-in-college-part-1/ thoughtful personal finance, career and health advice Sun, 05 Feb 2012 07:46:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: five crises, part 1 | Fatty Americans http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-27486 five crises, part 1 | Fatty Americans Sat, 21 Mar 2009 20:12:29 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-27486 [...] I was a star performer in my small, Southern high school.  I loaded myself up with every academic honor available.  I was a varsity athlete.  I won a scholarship to be an exchange student in Germany, I was valedictorian, I was a National Merit Finalist, and on and on.  Many people - teachers, friends, relatives - had high hopes for me.  I was recruited heavily by colleges all over the country.  I was accepted to every college I applied to, and received full tuition scholarships to every one, as well.  I wrote at length about this in another post. [...] [...] I was a star performer in my small, Southern high school.  I loaded myself up with every academic honor available.  I was a varsity athlete.  I won a scholarship to be an exchange student in Germany, I was valedictorian, I was a National Merit Finalist, and on and on.  Many people – teachers, friends, relatives – had high hopes for me.  I was recruited heavily by colleges all over the country.  I was accepted to every college I applied to, and received full tuition scholarships to every one, as well.  I wrote at length about this in another post. [...]

]]> By: five crises, part 1 | Favorite Home Remedies http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-27466 five crises, part 1 | Favorite Home Remedies Fri, 20 Mar 2009 00:03:21 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-27466 [...] I was a star performer in my small, Southern high school.  I loaded myself up with every academic honor available.  I was a varsity athlete.  I won a scholarship to be an exchange student in Germany, I was valedictorian, I was a National Merit Finalist, and on and on.  Many people - teachers, friends, relatives - had high hopes for me.  I was recruited heavily by colleges all over the country.  I was accepted to every college I applied to, and received full tuition scholarships to every one, as well.  I wrote at length about this in another post. [...] [...] I was a star performer in my small, Southern high school.  I loaded myself up with every academic honor available.  I was a varsity athlete.  I won a scholarship to be an exchange student in Germany, I was valedictorian, I was a National Merit Finalist, and on and on.  Many people – teachers, friends, relatives – had high hopes for me.  I was recruited heavily by colleges all over the country.  I was accepted to every college I applied to, and received full tuition scholarships to every one, as well.  I wrote at length about this in another post. [...]

]]> By: Bri http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-19174 Bri Fri, 20 Jun 2008 22:10:08 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-19174 This was such a good article not many people can profit by going to a good school. A great tool out there to draw in people to what you are trying to promote sell etc. is Glyphius. It's a copywriters dream :) This was such a good article not many people can profit by going to a good school. A great tool out there to draw in people to what you are trying to promote sell etc. is Glyphius. It’s a copywriters dream :)

]]> By: Weekly Accounting and Carnivals « My Daily Dollars http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-16689 Weekly Accounting and Carnivals « My Daily Dollars Thu, 15 May 2008 15:20:39 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-16689 [...] #59 at Money Walks. My successful May goals are included. I enjoyed BripBlap’s story about his best financial decision in college.  BripBlap caught my eye this week with all his editor’s picks. I plan to read more regularly [...] [...] #59 at Money Walks. My successful May goals are included. I enjoyed BripBlap’s story about his best financial decision in college.  BripBlap caught my eye this week with all his editor’s picks. I plan to read more regularly [...]

]]> By: MITBeta @ Don't Feed The Alligators http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-16573 MITBeta @ Don't Feed The Alligators Wed, 14 May 2008 00:37:44 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-16573 I applied to and go into 5 schools. The cheapest school for me to attend after all the financial aid packages were presented also happened to be my first choice: MIT. Good choice on not going to Harvard... everyone knows the hardest part about it is getting in ;D I applied to and go into 5 schools. The cheapest school for me to attend after all the financial aid packages were presented also happened to be my first choice: MIT. Good choice on not going to Harvard… everyone knows the hardest part about it is getting in ;D

]]> By: Money Walks - Personal Finance Blog - Save Money » Carnival of Money Stories #59 http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-16521 Money Walks - Personal Finance Blog - Save Money » Carnival of Money Stories #59 Tue, 13 May 2008 09:26:53 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-16521 [...] Blap presents Best Financial Move in College I applied to Harvard on a whim, … I started the application, handwritten, in black ink and [...] [...] Blap presents Best Financial Move in College I applied to Harvard on a whim, … I started the application, handwritten, in black ink and [...]

]]> By: Money Walks - Personal Finance Blog - Save Money http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-16520 Money Walks - Personal Finance Blog - Save Money Tue, 13 May 2008 08:24:04 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-16520 [...] Blap presents Best Financial Move in College I applied to Harvard on a whim, … I started the application, handwritten, in black ink and [...] [...] Blap presents Best Financial Move in College I applied to Harvard on a whim, … I started the application, handwritten, in black ink and [...]

]]> By: Sunday Linkfest! | Remodeling This Life http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15852 Sunday Linkfest! | Remodeling This Life Sun, 04 May 2008 09:07:11 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15852 [...] Finance’s story is here. Mrs. Micah’s is here. Brip Blap shared his in a two part series part 1 and part [...] [...] Finance’s story is here. Mrs. Micah’s is here. Brip Blap shared his in a two part series part 1 and part [...]

»crosslinked«

]]> By: Steve (Brip Blap) http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15562 Steve (Brip Blap) Wed, 30 Apr 2008 13:19:47 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15562 @Megan: Funny that you recognized it! I spent most of my time in school just around the corner :) I guess at least one person knows where I went to school, then! My secret bat-identity is at risk! Just kidding. That's a neat building although it really sticks out a bit, doesn't it? @Megan: Funny that you recognized it! I spent most of my time in school just around the corner :) I guess at least one person knows where I went to school, then! My secret bat-identity is at risk!

Just kidding. That’s a neat building although it really sticks out a bit, doesn’t it?

]]> By: plonkee http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15516 plonkee Tue, 29 Apr 2008 22:20:54 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15516 I reckon this anecdotally proves that it's true what they say about people that reject Harvard - they'll do at least as well as those who actually attend. Me, I couldn't have stayed at home for Uni, and moving 100 or so miles away (hey, that's a long way in England) is one of the best things that I did. Not as cheap as staying at home though. I reckon this anecdotally proves that it’s true what they say about people that reject Harvard – they’ll do at least as well as those who actually attend.

Me, I couldn’t have stayed at home for Uni, and moving 100 or so miles away (hey, that’s a long way in England) is one of the best things that I did. Not as cheap as staying at home though.

]]> By: Dorian Wales - The Personal Financier http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15501 Dorian Wales - The Personal Financier Tue, 29 Apr 2008 17:35:44 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15501 @Trent - I guess you're one of the lucky ones than. You figured it out pretty soon and acted on it. I think the majority of people wish they had taken different majors.... @Trent – I guess you’re one of the lucky ones than. You figured it out pretty soon and acted on it. I think the majority of people wish they had taken different majors….

]]> By: Megan http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15488 Megan Tue, 29 Apr 2008 12:55:17 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15488 I got a shock when I saw this photo--I walk by that building every day! I'm about to graduate, and yes, I've making a profit, too--not to mention they've paid for me to study abroad five times over my college career. I originally wanted to get out of this state and head to a private school in CA, but now I don't regret my choice at all. I got a shock when I saw this photo–I walk by that building every day! I’m about to graduate, and yes, I’ve making a profit, too–not to mention they’ve paid for me to study abroad five times over my college career. I originally wanted to get out of this state and head to a private school in CA, but now I don’t regret my choice at all.

]]> By: Trent Hamm http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15481 Trent Hamm Tue, 29 Apr 2008 11:18:54 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15481 I think the number one best financial move you can make in college is to make sure you're studying the right thing/figuring out who you are. It took me about two and a half years in college to figure out that I wasn't majoring in the right thing for me - if I had spent some time sampling more areas early on and thinking about my moves more carefully, I would have seen this much sooner and saved myself about $15K in student loans. I think the number one best financial move you can make in college is to make sure you’re studying the right thing/figuring out who you are. It took me about two and a half years in college to figure out that I wasn’t majoring in the right thing for me – if I had spent some time sampling more areas early on and thinking about my moves more carefully, I would have seen this much sooner and saved myself about $15K in student loans.

]]> By: Steve (Brip Blap) http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15470 Steve (Brip Blap) Tue, 29 Apr 2008 03:06:40 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15470 @Mrs. Micah: I couldn't agree more that if you want to study a particular subject and you feel that one school is significantly better than another for that subject, you should go there. It's a good clarification that you make: the number you look at should be net cost, not just raw tuition. I'm not sure anyone in this country pays list price tuition. Almost everyone I've known had some kind of combination of scholarships/grants/aid/loans/etc. that brought that number down a bit. @Mrs. Micah: I couldn’t agree more that if you want to study a particular subject and you feel that one school is significantly better than another for that subject, you should go there. It’s a good clarification that you make: the number you look at should be net cost, not just raw tuition. I’m not sure anyone in this country pays list price tuition. Almost everyone I’ve known had some kind of combination of scholarships/grants/aid/loans/etc. that brought that number down a bit.

]]> By: Steve (Brip Blap) http://www.bripblap.com/best-financial-move-in-college-part-1/comment-page-1/#comment-15447 Steve (Brip Blap) Mon, 28 Apr 2008 18:28:31 +0000 http://www.bripblap.com/2008/best-financial-move-in-college-part-1/#comment-15447 @Dorian: I suppose it depends on how you want to look at your finances. My way of looking at it is that my net worth is probably further along at this point in my life than it might have been had I attended an Ivy and entered the same profession that I did (accounting). Now, if I had gone into investment banking or something of that sort, my net worth might be significantly higher, of course. But I took the question to be 'what decision made in college was the smartest one that had the best impact on my finances assuming everything else had gone the same.' So in other words, I avoided incurring debt, still received a degree that paved the way for PhD and MBA school, etc. I did not emerge from college deeply in debt. The long-term question of whether I would have received a better job, had a different career, etc. is a separate one in my mind. My (somewhat rambling) point is just that it made good financial sense to graduate debt-free from college. You could argue that now I might be better off in terms of gross income had I gone to Harvard, but then again I would also have been better off had I attended Hometown State's medical school, too. So that's just a different question. But given what I wanted to do, where I wanted to do it, etc., it was the best decision for me. @Dorian: I suppose it depends on how you want to look at your finances. My way of looking at it is that my net worth is probably further along at this point in my life than it might have been had I attended an Ivy and entered the same profession that I did (accounting). Now, if I had gone into investment banking or something of that sort, my net worth might be significantly higher, of course. But I took the question to be ‘what decision made in college was the smartest one that had the best impact on my finances assuming everything else had gone the same.’

So in other words, I avoided incurring debt, still received a degree that paved the way for PhD and MBA school, etc. I did not emerge from college deeply in debt. The long-term question of whether I would have received a better job, had a different career, etc. is a separate one in my mind.

My (somewhat rambling) point is just that it made good financial sense to graduate debt-free from college. You could argue that now I might be better off in terms of gross income had I gone to Harvard, but then again I would also have been better off had I attended Hometown State’s medical school, too. So that’s just a different question. But given what I wanted to do, where I wanted to do it, etc., it was the best decision for me.

]]>