Why college selectivity matters...
YES 90% of colleges accept over 80% of the 2.2 million of college applicants... BUT
- There are only about 300,000 freshman spots at colleges that accept less than 50% of students and only about 50,000 spots for colleges accepting less than 25% of applicants.
- Graduation rates are highly correlated to selectivity – 95% graduate from the most selective schools versus 70% for nonselective schools.
My child’s bright …
YES there are many bright students out there with about 2.5 million students taking AP exams each year...BUT
- In South Carolina alone, there are about 6,000 AP Scholars (earning at least 3 3’s on AP exams) each year.
- Even an ACT score of 29.5, the highest average for any high school in Charleston, wouldn't make the 75th percentile cut at 163 colleges.
Colleges want smart kids from South Carolina …
YES colleges do want some of South Carolina’s 53,000 high school seniors... BUT
- There are only 800 total spots for freshmen in the state’s top 3 honors colleges.
- Only about 135 SC students enroll in the US News Top 20 colleges each year.
Sources: USC, Clemson, COFC, HigherEdDataStories
My child’s going to be a NCAA athlete …
YES $2.7 billion of aid goes to 150,000 student-athletes each year... BUT
- Only 2 percent of high school athletes are awarded athletic scholarships to compete in college.
- There are 281,000 high school senior basketball players and 9,500 total freshman spots for NCAA schools (DI, DII and DIII total) - meaning only 3% of basketball playing students will compete at the college level.
My child’s school has a counselor …
YES your high school student has a counselor... BUT
- 50% of students say their counselor could not provide all the help they needed – especially when it comes to financial aid.
- The national high school student/counselor ratio is 459 to 1 – double the ASCA recommended ratio.
Source: NACAC, Fundamentals of College Admission Counseling
This is my child’s decision …
YES your high school student should play an integral role... BUT
- 90% of students have little or no experience at major decision-making.
- College is the second largest family investment after home ownership – realtor fees are 6% - what’s college investment advice worth to you?
Source: College Match (Dr. Steven R. Antonoff), Fortune.com