Category Archives: College-bound Student Leaders

Is medical school “worth it”? An introduction to Internal Rate of Return (“IRR”)

Finance hiring is down, law school grads are having a tough time finding real law jobs, so what is an ambitious but risk averse college student to do with his or her life these days? Okay, right now the answer is computer science. Yes seriously, do computer science. But let’s pretend it is the year 2001 and the only other option respectable option is medical school. But doesn’t med school take a lot of time (4 years school plus 3-7 years residency/fellowship) and cost a lot of money? How can we figure out if going to med school and not earning doctor money until 7 years from now is worth it financially relative to just entering the workforce and working for those 7 years? Continue reading

How to analyze a nonprofit Form 990 with a spreadsheet

“The more you give, the more you get, that’s being alive” – The Money Song, Avenue Q

Charitable giving serves a valuable purpose  in  our society. It allows organizations in health, education, social services and others to provide benefits to people who otherwise couldn’t afford them. It allows people who have built up wealth to give back and make a difference. The federal government even subsidizes charitable giving by allowing donations to be deducted from income reported for taxes (effectively kicking in up to 39.6% of each donation). It’s a great system that is meant to fund those people and organizations in need. At least that is how it should be. Continue reading

Why don’t elite universities expand their enrollment?

For high school seniors, January 1st marks the college application deadline, the culmination of months of high stakes essay writing, testing, and filling out applications. This is then followed by four months of anxious waiting for the decisions to come back. Having applied to college over 15 years ago, I’m always shocked at how much harder getting into college appears to have gotten – acceptance rates for top schools have fallen to just 5-8%.  With lower acceptance rates comes increased stress and pressure to perform. Continue reading

Create Study Index Cards in a Spreadsheet

Index CardsI’m studying for the SAT, ACT, or GRE exam and need to boost my vocabulary. I’m trying to remember important concepts for my chemistry test. I’d like to remember a few algebra formulas (like the Pythagorean Theorem) or geometric proofs. I want to better prepare for my foreign language quiz. Well, we’ve got something for each of you. With the school season well underway, let’s check out effective study tool tailored to your specific goals – all created with a single spreadsheet!  Continue reading

Top 3 Spreadsheets You Need (but Never Knew!)

TechsmithWorAEA6.pngLook no further! Whether you are a traveler, student, teacher, parent, or coach, here are our top 3 spreadsheets that can benefit you. Select any choice below to access both our spreadsheet and video tutorial.

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Prioritize & Organize with Spreadsheets

Effective time management and prioritization skills are essential to your personal, academic, and professional success. So, let’s learn how to create a priority log with a spreadsheet! Both an organizational and prioritization tool, this practical spreadsheet application will help you better manage your time when tackling projects, papers, tasks, and other deadlines. Continue reading

Introducing VLOOKUP & College Education Value

A good friend introduced me to a site by Payscale that compares the “value” of a college education through a measure called the ROI (Return on Investment), broadly calculated as the difference between the expected future income stream of a college graduate and the actual cost of attending college. Continue reading

What College Rank & Professors’ Salaries say about Tuition

Do higher-ranked schools tend to charge a larger tuition? Does a professor’s salary positively correlate with college tuition? In this post, we’ll explore the relationships between college tuition to a couple of factors, such as professor salary, school rank, freshman retention rate*, and 6-year graduation rate.
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ABCD: Analyzing Big College Data

© Photographer Daniel Gilbey|Agency: Dreamstime.com

The college decision is a big one. Are you deciding which college(s) to apply to or which one to attend? Or are you in middle or high school and interested in attending college someday? Or have you already graduated from college?

For all, let’s explore essential skills by analyzing data across 202 U.S. colleges! Continue reading