Why college selectivity matters...
YES, 90% of colleges accept over 80% of the 2.2 million of college applicants... BUT
There are only about 340,000 freshman spots at colleges that accept less than 50% of students and only about 96,000 spots at colleges accepting less than 25% of applicants.
That means less than 5% of college applicants are accepted to very selective universities.
Graduation rates are highly correlated to selectivity – 95% graduate from the most selective schools versus 70% for non-selective schools.
Source: NCES, 2012, full time students enrolling in 4 year public and private nonprofit institutions (http://nces.ed.gov/programs/digest/d14/tables/dt14_326.30.asp), most selective defined as below 25% acceptance rate, nonselective defined as 90% or greater acceptance rate), 6 year graduation rates
My child’s bright …
YES there are many bright students out there with about 2.7 million students taking AP exams each year...BUT
In South Carolina alone, there are about 8,600 AP Scholars (earning at least 3 3’s on AP exams) each year.
Even an ACT score of 29.3, the highest average for any high school in Charleston, wouldn't make the 75th percentile cut at 222 colleges in the US.
An A average is just the starting point these days.
Your child competes for acceptance in a global marketplace. Foreign college students in the US total over one million, probably three times the level when you went to college.
The college landscape is also much more diverse. Top universities report 60%+ non-white or international enrollment in their Class of 2025.
And admission departments can use newer technologies to diversify their class down to ZIP Codes, rural vs urban percentages, and other specific goals.
Source: CollegeBoard, StateUniversity.com (http://www.stateuniversity.com/rank/act_75pctl_rank/9), SC Department of Education
Colleges want smart kids from South Carolina …
YES colleges do want some of South Carolina’s 50,000 high school seniors... BUT
There are about 800 total spots for SC freshmen in the state’s top three honors colleges.
Only about 160 SC students enroll in the US News Top 20 Best National Universities each year.
Sources: USC, Clemson, COFC, HigherEdDataStories
My child’s going to be a NCAA athlete …
YES $3.6 billion of aid goes to 180,000 student-athletes each year... BUT
Only about two percent of high school athletes are awarded athletic scholarships to compete in college.
There are 840,000 high school basketball players and 34,500 total student-athlete basketball players attending NCAA schools (DI, DII and DIII total) - meaning only 4% of basketball-playing students will compete at the college level.
Source: NCAA
My child’s school has a counselor …
YES your high school student has a counselor... BUT
Most students say their college counselor could not provide all the help they needed – especially when it comes to financial aid and in-depth knowledge of specific college options.
This is not surprising considering that the national high school counselor-student ratio is 424:1 – nearly double the ASCA recommended ratio (250:1).
And that college counseling is only one of the many accountabilities within a high school counelor’s job description.
Source: NACAC, Fundamentals of College Admission Counseling, American School Counselor Association
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?