Parents to High School Grads: Hit the Beach, College Can Wait
Talk to any parent or school administrator, and you’ll realize that most wouldn’t advocate high school graduates deferring college for a year and doing something else. That’s because, once kids start working, it can be hard to give up a regular paycheck to become a poor student again. Plus, long-term goals of a chosen career have a way of fading from view when kids have a chance to put their work and money toward a shiny new car or other more immediate short-term goals.
President Obama has proposed huge changes in federal college aid programs that will increase grants to poor students and provide more fixed rate student loans; if Congress approves them, they’ll take effect ⎯ in July 2010. Read more »
