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Release date: March 18, 2005
Emory Looks at College Costs, Job Prospects, Impact of Federal Aid Cuts
Contact:
Deb Hammacher: 404-727-0644, deb.hammacher@emory.edu
Elaine Justice: 404-727-0643, elaine.justice@emory.edu As the April 1 college acceptance day approaches, prospective students and their parents are faced with sometimes daunting decisions, including how to sift through complicated financial aid packages. On the other end of the spectrum, college seniors are facing a much improved job market from just two years ago. From preparing for proposed changes in federal financial aid, to helping students teach each other about managing debt, we offer these ideas on how Emory University is facing the future head-on. In addition, the university is looking ahead with its April 8 Futurist Forum that will convene thought leaders in major areas of inquiry. The forum is part of a year-long strategic planning process to determine the path to Emory's singular position in higher education. 1. Emory Experts Advise Weighing Aid Offers After "Fat Envelope" Arrives
2. Federal Financial Aid Cuts Reveal Troubling Trend, Says Emory Expert
3. Emory Students Teach Peers About Debt Management
4. Emory College Posts Another Record in Undergraduate Applicants
5. Job Market Opens Up for Emory Class of 2005
6. Futurist Forum Guides Emory's Strategic Planning Process EMORY EXPERTS ADVISE WEIGHING AID OFFERS AFTER "FAT ENVELOPE" ARRIVES
All the fat envelopes with college acceptances are due to arrive in homes across the United States around April 1, and families will be faced with the next challenge of weighing a potentially dizzying array of financial aid that will impact the cost of attending the students' dream colleges. According to admissions and financial aid officers at Emory, it is important to look beyond a school's sticker price and look at the actual cost of attending after taking into account need- and merit-based aid. For more, click here. FEDERAL FINANCIAL AID CUTS ARE TROUBLING TREND, SAYS EMORY'S PADGETT
While proposed changes to federal financial aid programs are up for debate in Congress, federal funding for several financial aid programs has already been reduced for the current fiscal year, a troubling trend affecting many colleges and universities, including Emory, says Julia Padgett, director of financial aid. For more, click here. EMORY STUDENTS TEACH PEERS ABOUT DEBT MANAGEMENT
Several Emory students, some of them reformed spenders themselves, are helping their peers fight the urge to spend, spend, spend by teaching them the basics of debt management. The students have signed on as peer financial counselors, part of a new effort by the university's financial aid office to help students educate each other on the basics of financial and debt management. For more, click here. EMORY COLLEGE POSTS ANOTHER RECORD APPLICANT POOL
Emory University again received a record number of applications for admission to the incoming class of Emory College, the university's main undergraduate division. There are 12,004 applications, a 7 percent increase above last year's record pool. The most significant growth is in international, Hispanic, Georgia and African-American applicants. For more, click here. JOB MARKET OPENS UP FOR EMORY CLASS OF 2005
The job market looks promising for many members of Emory's class of 2005, most of whom began their college careers in the midst of a recession and in the shadow of Sept. 11. Career service directors at Emory report the best recruiting year since 2001 that, while not at the heady levels of the late 1990s, is a vast improvement over the stagnant market that graduates from the past three years have faced. For more, click here. EMORY LOOKS AHEAD WITH FUTURIST FORUM APRIL 8
The Emory community will consult with some of the nation's top minds to help chart the university's long-term direction during its Futurist Forum Friday, April 8. The event is the latest step in an intensive year long strategic planning process that began last spring to more fully develop the distinctive opportunities Emory possesses in education, research and service. For more, click here.
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