NGPF Podcast (CLASSIC): Mark Salisbury of Tuition Fit on increasing transparency on the cost of college
As high school seniors prepare to receive their financial aid award letters letters later this spring, we thought this popular podcast from Mark Salisbury in 2020 would prepare educators and counselors for the conversations and questions. In addition to listening to this podcast, you will want to participate in an upcoming 3-part PD series that Mark will be hosting, College Pricing Explained: Reality Behind the Curtain. Find out more and register for this FREE! series which starts on...
NGPF Best of 2021: Most Visited Unit Pages
By Tim Ranzetta
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Dec 19, 2021
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Savings, Budgeting, Investing, Checking Accounts, Taxes, Credit Cards, Credit Scores, Career, Paying for College
Wondering what topics garner the most page views on the NGPF website? Taxes took the top spot this year dethroning Checking which held the top spot for several years. The curriculum team updates the taxes unit each year to reflect new tax tables and changes to the tax code. Here's the plan for 2022.
The Unit Pages are accessible by clicking these images on the home page:
Why are these pages the most popular on the website?
Educators see all NGPF resources on a given topic (unit) on...
NGPF's Best of 2021: FinCap Friday
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Dec 16, 2021
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FinCap Friday, Investing, Behavioral Finance, Paying for College, Savings, Career, Stocks
Every Friday during the school year, FinCap Friday, produced by Yanely Espinal, engages high school students. She produces a 2 minute explainer video with a Kahoot quiz with a no-tech version also available. Since it's launch in August of 2018, FinCap Friday quizzes have been played close to 2 million times!
Here are the top FinCap Fridays produced in 2021:
Crypto Going Global
Until the Game Stops
The Great Resignation
Financial FOMO
Pain in the Supply Chain
So You Want To Be An Influencer?...
NGPF Best of 2021: Podcasts
Thanks to the amazing guests who joined me on the NGPF Podcast this year. From former NFL Players to best selling authors to entrepreneurs to a millionaire custodian, the thread that connects this group is a passion for financial education. I hope that you enjoy these conversations as much as I did.
Tim and Yanely Talk GameStop
Mark Salisbury of TuitionFit on creating transparency with college pricing
Former NFL player Ryan Harris on how financial education changes lives
Jeff York...
Question of the Day: What was the average amount of student debt for 2020 college graduates?
Answer: $29,927
Questions:
Does the number “$29,927” seem like a high average amount of debt? Why or why not?
What do you predict will happen to the average amount of student loan debt taken over the next 5 years? Why?
Explain how and why you are concerned about student debt. What can you do to minimize your debt when you graduate?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the...
Interactive: The College Payoff
Hat tip to Jessica for pointing out this most excellent resource.
It's a question that high school graduates (and their families) are asking more and more frequently: Is college worth it? This interactive from Georgetown's Center on Education and the Workplace won't answer that question for students but rather is likely to lead to more thought-provoking questions as they dive into the data.
Scroll down the page to this section which shows the range of lifetime earnings based on highest...
Interactive: What impact does family income have on a child's chance of going to college?
Hat tip to teammate, Ryan, for sharing this interactive from The Upshot (subscription required).
What makes this an interactive activity is students get to draw their answer to this question (using a touchpad) on a graph that has family income levels on X axis and college attendance rates on the Y axis. You also get a free tip knowing that your line has to pass through a certain point on the graph.
Once you have made your guess, you can see how your line compares with reality (based...
Interactive: Student Loan Default Rates
College is an investment in yourself. Students should approach their college decision with a healthy amount of skepticism. Admissions and college marketing material present colleges in their best possible light, it’s up to students to play the role of a devil’s advocate to avoid getting too wrapped up in the emotion of the process. Looking at a college's student loan default rate provides a window into the number of students struggling to repay the debt they incurred at the college....
EdPuzzle: Student Loans 101
This week's EdPuzzle video titled "Student Loans 101" explains the different choices on the menu when it comes to taking out loans for college.
Interested in more EdPuzzle videos? Visit our Video Library and type in "EdPuzzle" into the search bar at the top to view the rest of our EdPuzzle videos!
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos regularly here on the blog so...
Classic NGPF Podcast: NY Times Columnist Ron Lieber on his new book, The Price You Pay for College
The rebroadcast of this podcast seemed especially timely since the new FAFSA form hit on October 1st and high school seniors are starting to ponder life after high school. Enjoy!
Details:
0:00~1:23 Introduction
1:23~2:07 On the new book, The Price You Pay for College
2:07~7:56 Ron’s own college experience
7:56~10:54 Appearing on the NYT while in college
10:54~18:30 The current financial aid system
18:30~23:13 Changes with the FAFSA and the effects of COVID
23:13~28:00 Asking for a...
Question of the Day: How much more per week does a college grad earn compared to someone with some college?
Answer: About $428 hours per week MORE (or over $22,000 per year)
Questions:
Why do you think that college grads earn so much more than those who start but don't complete a degree?
How have the wages changed over the last 40 years? Do you think wages gaps based on educational attainment will increase or decrease in the future?
How can an employee increase their income without increasing the educational attainment listed on this chart?
Your friend says that spending $20,000/year to go to college...
Question of the Day: What percent of high school seniors file the FAFSA to access college aid?
Answer: 55.6%
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Questions:
Do you plan to file for FAFSA this year?
Why is it important to file FAFSA as soon as possible?
What are the important FAFSA deadlines to know?
The FAFSA completion rate is down compared to the past two years, why do you think this is the case?
Behind the numbers (National College Attainment Network)
"Completion of the Free Application for...
What's New With Paying for College (2021)
The Pandemic has taken a huge toll on college students. Thousands, particularly those who are lower-income, minority, first-generation college students, have had to shift to lower-cost programs or delay their education altogether. Community colleges saw enrollment down over 9% last year, compared to about 3% for total college enrollment. It was estimated that twenty-five percent of last year’s high school graduates delayed going to school because of Covid and related financial issues last...
Reading List for July 30-Aug 1
There were lots of headlines this week, including a bunch on Robinhood. Choose what looks most interesting and dig in!
Economics
GDP for the second quarter was announced this week, and the US is officially back to where it started before the pandemic hit. Sounds like good news, but the growth fell short of expectations, and jobless claims were a bit higher than expected. (CNBC) (DOL)
The Urban Institute published its assessment of the impact of government benefit and stimulus...
Reading List for June 25-28
Economics
This week’s new jobless claims remained virtually unchanged at 411,000. At this point, it is probably helpful to look at 2019 numbers, which averaged 200,000, to measure progress of the recovery. Yahoo Finance
What is going on with these persistent unemployment claims? The Bonddad explains.
The Fed’s preferred measure of inflation, the PCE, rose to its highest level since 2008 in May, but it is largely “noise. (NYT)
A top economist explains just how...
