How many colleges should you apply to?

You are looking for seven colleges to apply to.  You can do more, but it takes time to fill out the applications, do the essays, round up recommendation letters, and in addition to the time, each application requires an application fee ranging up to $70.  This means you are going to be limited to the number of colleges that you will be able to apply to.   

The object is to choose 2 colleges that are considered reach colleges, 3 colleges that are matches and 2 colleges that are safety colleges.  A safety college is a college where you will get in easily.  Your grades and test scores are far above the averages posted for that college.  Note:  these averages have been rising recently as more students have been chasing fewer freshman slots, so give yourself some wiggle room by going far above the averages posted for that school.  A match college is exactly as it sounds.  Your grades are about where the average scores are for that college.  A reach college is a college where you are slightly below the average scores for that college. Reach colleges are where we run into trouble.

Some people use the word dream college in place of reach college.  The reason I like the term reach college is that we are talking about a stretch, but not an unreachable chasm.  If you have a 3.1 GPA, then a reach college is one that has an average no greater than 3.5.  Do you see where I am going?  Some websites will delineate the percentages of students who have each level of grades.  

Collegeboard.org does a great job of this and in my opinion is the best place to get college data for score ranges. 

While  I was watching the swimming qualifiers for the 2012 Olympics.  One female swimmer who qualified was in the process of applying to colleges.  Listen, anyone who is good enough to qualify for the Olympics should have no problem getting a full-ride scholarship from a college.  After the race a commentator asked her if the colleges were leaving her alone.   She responded that they were being good.  I don’t know how good her grades are, and grades are important to colleges, but she will not need to score on the higher range of the academic scale.   

The low end of the range is often reserved for special status students.  This is important when thinking about applying to a reach college.  You must have something to offer them because your grades are not in the highest range of what they accept.  You should investigate which things each college values and apply to reach schools who value the type of experiences that you have.  In this way a reach college can become closer to a match college, and your chances for getting into that college increase.

Tithing and Debt

Leonardo da Vinci Christ Carrying the Cross via Wikimedia Commons

A good way to center any discussion is to think about the Cross.  Jesus willingly went to the cross and suffered a horrible death (Matthew 26:53-54) (Hebrews 10:14).  He did this to offer a us a way to God that was unreachable through our own effort (Romans 3:23-24). Our salvation is a total act of grace and this should fill us with total joy and peace (Ephesians 2:8) (1 Peter 1:8).  Gratitude always trumps guilt as a motivator.

If you call yourself a Christ follower and are not tithing, then you have been stealing from God (Malachi 3:9). This sounds harsh, but there are real consequences for wrong living.  I'm not trying to guilt you into tithing, I just want you to see the reality of what is happening.  Sometimes as Christians we just need to do the right thing even though every fiber of our soul is saying we shouldn't.

The average family has almost $7000 in credit card debt.  Most families in debt tend to not tithe.  If you have no income then there is no need to tithe.  If you have income (even welfare) then you can tithe.  Most people have sufficient income to work their way out of debt, with a serious cost cutting plan.  

I believe that the tithe should be paid before any other debts are paid.   I know this sounds crazy, but if you can't live on 90% then you probably can't live on 100%. Tithing while in debt takes great faith, so you must trust God in this, because this will feel highly illogical. 

 If in debt, the concept of tithing sounds irresponsible, but you need to pay back God first what He has given you.  God wants you to test Him in this (Malachi 3:9-11).  This is the logic of the world: When I get out of debt, then I will tithe.  God’s logic is different, because He can work miracles and if you are in debt, you can use some miracles in your life.  Trust Him by obeying Him.  Remember, the logical side of things doesn’t always apply to issues of faith.  God is able to sustain you, bless you, and allow you move towards fiscal sanity.

Here is an odd mystery: obedience to God takes strength of character that comes from God (Matthew 6:9-13).  When you tithe in the face of debt, God rewards your obedience. One of the fruits of the Spirit that comes to Christians in obedience is self-control.  Self-control will allow you resist those urges to spend on things of short term value, thereby improving your financial state.  Another two amazing fruits of the Spirit are peace and joy.  When fulfilled by God, you will not experience the urge to spend as much because you will be satisfied with what you have.  In fact you will be grateful.  Gratefulness is one of the most powerful motivators in life. 

There is disagreement among some as to what qualifies as debt-free.  In my opinion, being debt-free doesn’t mean a lack of bills.  It also doesn’t mean an absence of loan payments.  For some things (cars, houses) you will need a loan, this is good debt, so don’t assume that all loans are evil.   Debt is a trap that God wants to release you from.  Trust him to set you free, but God does not promise that you will win the lottery. You need God's strength to radically downsize your spending and get out of debt.  Obey God and you will have access to this strength (Galatians 5:16).   


Look to the Cross, understand what you have, feel the warmth of God's love and then go do what He says.

Blowing Your Mind!!

Last week I talked about how a house actually costs less than an apartment, and now I am going to blow your mind.  Ready?  What happens in year 31 after your house is paid off? 

 

For the home owner, something amazing has happened in year 31.  They own their home, free and clear!  They now hold something of amazing value.  The other thing is that $16,000 each year is now freed up for whatever you want because you are no longer paying your mortgage.  For the renter, they face yet another year of rent increases AND they hold nothing of any real value.  It never stops!  In this case the rich do get richer and the poor do get poorer. 

But wait!  There’s more:  Once you have gotten yourself into a house you will eventually notice that it gets easier to make the payment. Over time, inflation renders money less valuable and this is a good thing for a homeowner because inflation increases your pay over time, but your mortgage is a fixed cost that does not change (assuming a fixed-rate loan).  All of these factors over time combine to make your home payment a smaller and smaller portion of your total costs.  This feels good.  

 Go check out zillow.com and type in your address.  If you live in an apartment, find a block with single family houses.  You can see how much each person on your block paid for their house.  Most houses in the suburbs are built in large groups utilizing a few floor plans to minimize costs. My house has five exact replicas on my block.  They all were priced identically initially, but over time various owners have come and gone.  In one of those identical houses is a fellow who has his house paid off, while I have another 20 years to go!  He paid far less and his payment was far less than mine is now.  That’s ok for me because I’m 40 and at 60 my house will be paid off!  This is about the time my kids will need me to be helping with college tuitions and weddings, but I will no longer be paying a mortgage.

As a young adult these future things will be easier if you make small sacrifices now.  Spend less than you earn and save up for a house.  Yes the housing market can be crazy, but I'm not trying to sell you on a get rich quick scheme.  If you buy a house THAT YOU CAN AFFORD and stay put, you will soon be paying less than the average renter. Eventually you will have no monthly payment for your housing and you will hold something of immense value.

Buying a House

 As a young adult it may seem that buying a house is a long, far-off dream; but I want you to see why buying a house is key to your economic success.  Once you see the importance of buying a house,  then you are more likely to watch your spending now and begin saving money. 

I want to show you something amazing.   Below is a comparison of a $900 apartment with a $270,000 house.  (Note for older adults: These numbers reflect Southern California rates, as the market rebounds these numbers will be much higher) I want you to see how rent prices per month go up each year, while the mortgage payment is fixed over the course of the loan.

We will now take a look at the same comparison by year.  Notice the total amount that you will have paid at the end of 30 years.  You will have paid more than the loan amount of $270,000 because you have to pay interest.  It is a lot of money.  The interest does add up, so that is why you need to be reasonably sure that you can afford the payments and want to stay in this house for a long time. 

If you have to sell before the value of the house appreciates significantly, you will have to literally pay money to sell the house because of the interest payments that you will pay to get out of the house.  I made an assumption that you will get a fixed-rate loan, because this type of loan will help keep you from a similar fate that is facing many stressed homeowners. This is something you need to learn out of the housing crash that we have witnessed.  

 A variable-rate home loan allows you to get into a house at a much lower cost, but it carries more risk that could get you in trouble.  The idea of a variable rate loan is that the bank charges you a low interest initially and raises it later.  Before the housing crash, the pitch they were making was that the house was rising in value so fast that it didn’t matter; you could just get further loans based upon the value of the house.  People were buying houses they could not afford and were banking on unrealistic rises in housing prices.   

When your home is worth more than you owe on the loan it is called equity.  Equity is nice, but in reality, it is worthless until you sell the house.  Since you need to live somewhere, the house you purchase next will eat up much of this equity.  If you downsize to something smaller, or move to a less expensive area, you can walk away with a lot of cash in your pocket.  In retirement, it typically does not matter where you live, because your kids are grown up and you do not need to be tied to a location for a job. 

            Do you see it?  You will pay almost twice as much over thirty years for an apartment.  I’ll bet you thought that apartments cost less, because that is where the poor people live.  You are right, poor people do live in apartments, but they cost more.  The reason why poor people do not buy houses and save a lot of money is that it takes a significant amount of money up front to get into a house and the mortgage payment will usually be initially higher than the average apartment rental.  You will need to save 20% of the house price (in this case $54,000) to get approved for the loan.  This is why poor people can’t get into a house.  The up front commitment is too big.  If you save aggressively you can get there.  

Celebrate Failure

I have one failed business under my belt, and while upsetting, I learned a lot from it.  Those lessons are being put into practice in my newest venture as an author.  When I first started teaching, I went through the usual round of substituting and being laid off as a new teacher.  Once after being laid off, I didn’t get rehired right away.  

Photo by Bill Nicholls

 Now I’m fairly responsible, so I launched immediately into an aggressive job hunt.  My family was depending on me and I couldn’t sit around and wait on a job that might not be there for me.  Seeing that nothing was coming and we were temporarily doing ok financially, I decided to upgrade my fairly useless history degree with a masters degree in business administration.  I was convinced that there were no opportunities in teaching and decided to cast my lot with the business world.  

I developed a two-track plan to create a business while looking for a position with a company.  Ironically, I was offered a teaching position at the end of that very summer.  While teaching, I took night classes to complete my master’s degree the following year because it would lead to an immediate pay raise, and it would provide some semblance of a lay-off back-up plan.  

A requirement of the degree was that I had to develop a business plan for a new business.  That summer I decided to pass on working at the San Diego Fair to try my new business idea.  It was a failure and it was upsetting.  I did; however, get a clear look at my interests and abilities by attempting this business.  I got a better look at what I enjoyed doing and what I really don’t want to do as a career.  At the time I was not sure what practical experience I had learned from that experiment, but I now believe it all had a purpose in my life.  

You also will travel down similar “dead ends” but it may be preparation for something greater, so don’t freak out when things don’t make sense.  Uncertainty is one of the hallmarks of a concept called faith.  Faith is trusting in something that is intangible or unseen.  When you walk with God, you must trust that He has your best interests at heart even when things are going horribly (Romans 8:28).  If you don’t trust Him, you won’t stick your neck out.  

Writing represents a new chapter of my summer life as an author so it is new, exciting and scary.  I don’t know if this will be successful, but what I do know is that God loves me and even if this becomes a failure it will mean something in God’s overall plan for me. 

I have put many hours into all this new venture and success is not guaranteed, but risks need to be taken or I'll stagnate. You should have a similar outlook towards taking risks. 

(Proverbs 3:5-6). 

As you trust God (a risk) with more and more of your life, you will be led into some uncomfortable things that may not succeed outwardly.  Sometimes success is not something you will see this side of heaven. Failure is a good teacher, so be ready to stop and contemplate the lessons in the failure.  In the same way that successes are not readily evident, there will sometimes be no apparent lesson to be drawn from a failure.  This is the mystery of God.  Sometimes bad things happen and there is no clear explanation why.  All we can do is press into Him for the strength to get through that difficulty.  Celebrate failure even though it stinks.

This post is one in a series of posts with the Christianwriters.com blog chain.  This month's theme is Celebrate.  Please check out some very talented writing by clicking on the links along the right side of this website.  If you are a Christian writer, this website offers a wealth of advice and support on your journey as a writer.

Money 101

 Here is an amazing plan for your finances.  At the beginning of each month or whenever you are paid set aside 10% for your home church (1 Cor 16:1-2).  This is called a tithe.  There is a lot of arguing going on about this issue, but my point is that the church is the vehicle through which the community is most likely to be blessed.   

Image by selbstfotografiert

The idea of a tithe is that you are giving back an amount immediately that has been given to you.  In fact none of your money is yours, it is all God’s, so 10% is a reasonable amount (Deut. 10:14).  Failure to bring this tithe leads to natural economic consequences (Malachi 3:8-10).  While the rest is yours to live on, you should also consider giving.  Giving and tithing are separate issues and should be handled differently.  An additional amount can be set aside for charitable giving, but it should be considered something you want to do.  

 Do not bow to pressure to give without consulting God, for if you resent having to give, then it is not pleasing to God (2 Cor 9:7).  If you fall into debt you may be tempted to stop paying your tithe, but this is unwise. Dave Ramsey in his book The Money Answer Book: quick answers to your everyday financial questions has noted that many people fall into worse financial situations once they stop tithing.  He further explains that 10% is a reasonable amount and if a person cannot live on 90% then they cannot live on 100%.  The effort to pay the tithe forces a person to budget, which can lead a person out of debt.

Earlier we talked about the ability to utilize gratitude as a way to follow God’s commandments.  By focusing on the tangible and intangible gifts of God, you reach a point where change happens.  God’s plan will take you out of your debt.  You need to set aside 10% of your salary for tithing and an additional 10-20% for debt repayment and the rest is the amount you must live on.  Living this way takes faith in God’s provision for your life (Matthew 6:31-33).

A good way to reason out the tithe in your mind is that God gives you a total amount containing the tithe on top of your amount, the total amount is really determined by Him.  What if a stranger knocked on your door and handed you $110 and walked away.  Cool.  But, what if that stranger came back an hour later and demanded $10 of the money back, you would be bitter, wouldn’t you?  But what if the stranger told you the deal up front?  What if he said, “I’m going to give you $100, but I’ll also give you $10 that you need to give back to me. Oh and by the way as long as you are faithful in giving back the $10 I’ll keep dropping by with $100 for you,  if you are faithful I may entrust more to you”   This is a pretty sweet deal, but this is similar to how God deals with us (Matthew 25:15-30).  Remember that God gives us all of it, even if you work for it. He has brought about everything to give you the opportunity to earn it.  (James 4:1-3)

When you are faithful you are showing yourself able to handle more responsibility, but don’t think that God can be fooled into giving you more.  He won’t necessarily give you more money just because you are faithful, but by being faithful you are now able to access the blessings that flow from being obedient.  Remember, more money brings more responsibility for those around us who have less (1 Tim 6:17-18).  The Spirit that resides in you prompts you to be obedient to God’s commands.  When you obey the Spirit there are benefits that flow from obedience (Galatians 5:22-23).  These “fruits” are amazing characteristics that I want in my life and you should want them too. 

God is very clear that these are the blessings that flow from obedience. Monetary wealth is not promised.  It is possible to be poor and very happy, and at the same time to be very rich and miserable (Prov 13:7).  Wealth is not the purpose of life, in some ways it brings more hassles.  Most people live a lie by living above their means resulting in debt.  You have to realize this and not try to “keep up” with them. 

Getting into College: Extracurriculars

I teach mostly freshmen and seniors.  I call those grades the bookends.  Freshmen are learning how to do high school academics, make new friends, and begin thinking about later on.  Seniors are totally different.  Since college applications are due by the end of November, then even the first semester grades of the senior year will not be available.  This means the initial judgment of college is based upon the 9-11 years.  In fact some colleges do not look at the freshmen year at all.  A senior who has messed around all high school has little options and they know it, because the kids who are applying for college are shoving it in their faces.

Image by Paul at Ft. Collins

Freshmen, the best thing you can realize is that the friends you have now are probably not the friends you will end up with at graduation.  Why is this? All people change over time, but there is no greater window of time that experiences more change than the high school years.  There is just something about high school that holds a lock on our hearts.  I’ve been out of high school for 23 years but nothing draws memories more than my high school years.  You are figuring out who you are and that requires experimentation.  I’m not talking about doing drugs and all, but I’m talking about those adjustments to our personality that comes during adolescence.  Researchers have determined that more brain development happens during adolescence than any other phase of life.  This is significant, so cut yourself a break.

A class discussion took a curve one day in my senior economics course.  We were nearing graduation and the kids were sharing that they had made really good friends in high school and didn’t want to lose them.  That piqued my interest so I asked them, “Who are your friends and where did you make these friendships?” What they shared has stuck with me and I now share with all my freshmen.  They shared that their closest friends were their teammates.  There are other renditions of this, such as band, theater, choir, and other clubs but the concept was the same. 

The things you do outside of the classroom will determine your friendships.  If you don’t get involved then you will have few authentic friendships and high school is going to be very lonely.  An authentic friend is someone you can talk to face to face and in person.  It is someone you can be open and honest with and not have to wear a mask.  They accept you for who you are and you do likewise for them.  It is a give and take relationship.  I’ve seen many of my better students neglect their friendships (as well as schoolwork) to focus solely on the person they are dating.  Once the breakup happens they find out that they have no one to lean on in their pain because their friends have moved on and made new friendships.

Colleges like to see involvement in sports, clubs, and community service because it shows that you are a well rounded person.  It also shows that you can manage time by juggling the responsibilities of homework, social life, as well as practice. There is something about slogging through a losing season and sticking with it that builds real character.  How about taking the time to teach a technique to a less skilled teammate, or having that tough one on one conversation with the coach because the rest of the team is afraid to say something?  All of these experiences make these activities very valuable.

As good as these experiences are, you should understand that to a college, your extracurricular activities are a very, very small portion of what colleges are looking for.  In fact some colleges are very upfront by saying the only thing they look at are grades and college entrance exams.  

Community service is work that is performed without pay where you make a contribution to the community in which you live.  Community service allows you the opportunity to help others and feel a part of something much bigger than yourself.  Many students have found their calling by doing community service.  It is a great way to learn about your strengths and weaknesses.  There is something about helping a person, it makes you care for them.  As you do more community service, you will begin to care more for others.  This will make you into a better person.  Another benefit of community service is that you will gain a better understanding of the basic working of life and how things work.

While there are many things you can do, my suggestion is to view it like a buffet.  In a buffet, you try a little of this and that and then you go back for the stuff you really like.  Going alone to do community service can be intimidating, so go with friends and you will have more fun.  Think about the things you care about the most.  What around you needs improving?  Then go find others who are already doing good things to help in that area.  If you are feeling innovative, organize it yourself.  There is a cool website to check out called Dosomething.org.  They have lots of ideas, events to join.  They will even fund your organization if you submit a good plan to them.

Private scholarships heavily lean on community service, so while the community service may not get you into a college, it may help you to pay for it.  The goal is to find something you are passionate about and put lots of time into one or two things.  Summers are made for fun and relaxing, but they are a great time to rack up community service hours.

Many colleges look very favorably on community service, but even colleges that have a comprehensive review of the whole set of experiences of a prospective student still rate grades and entrance exams as the highest factor of consideration.