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Folk Implosion - "One Part Lullaby": https://www.youtube.com/watch?v=9W1bBrClD0kNORMIES LOVE EDM - for Zach ProsserNormies love EDMit said on the wall in black spray paintI took out my can of red spray paint with the intention of adding “Because lyrics provoke thought. And thought slows the transfer of capital” but before I could, I was tased by a drone and the beat goes on
Nick Ducoff, author and CEO at Edmit, joined the podcast to talk about public distrust in higher ed’s value and all the new ways higher ed is working to demonstrate student ROI.
This episode is a recording of a Niche Screenside Chat held on 3/25/21 with Nick Ducoff from Edmit. We discuss pricing and affordability and how students and their families view paying for college. Show notes are available on the Enrollment Insights Blog at niche.bz/podcast. In the Enrollment Insights Podcast, you'll hear about novel solutions to problems, ways to make processes better for students, and the questions that spark internal reflection and end up changing entire processes.
Reported by Higher Ed Dive, 75% of private colleges predict their net tuition revenue will decline in 2021 according to Moody’s Investors Service. And in this world, what happens? According to Edmit, more than 345 private nonprofit colleges could close within the next six years. Perhaps even sooner.
Many colleges were facing financial pressure before the pandemic. But the crisis has exacerbated those challenges and stoked more questions about the sustainability of colleges with shaky finances. Nick Ducoff is cofounder and CEO of Edmit, a college financial education company. He has weighed in on this issue with projections of when private colleges are likely to run out of money. We spoke with Nick about those analyses and the gaps he sees in what students and their parents can find out about the financial health of colleges. We also spoke with Barbara Brittingham, who just stepped down as president of the New England Commission of Higher Education, a regional accreditor. Brittingham has been a well-placed observer of the financial woes of struggling colleges, and is an expert on the U.S. regulatory system's role in overseeing higher education finance.
Kruze Consulting's Founders and Friends Podcast for Startups
Nick Ducoff of Edmit (https://www.edmit.me) - helping families make smarter financial decisions about college, with advice about college savings, the true cost of college, and return on investment. Interviewed by Scott Orn of Kruze Consulting, a leader in startup bookkeeping. https://kruzeconsulting.com/startup-bookkeeping
Edmit’s budgeting advice for your family as you plan to make a decision about where your student will be spending the next few years of their life - or even just the next year. TIP! With today’s uncertainties, it may be helpful to create a few versions of this.
Our founders published an op-ed last fall on why Edmit believes college financial health should be made more available to families. Here’s an excerpt on what they said.
From our team at Edmit, we hope you are staying safe and sane in light of the rapid changes we’re experiencing in the world.
Edmit cofounders Sabrina Manville and Nick Ducoff join Michael and Jeff to talk about the controversy behind their projections of the financial collapse of certain colleges and universities–and how their efforts are intended to help families make better financial decisions around college. Questions? Comments? Connect with us on Twitter or Facebook, or email FutureUpodcast at … Continue reading Episode 46: The controversy behind transparency →
The tagline of the website Edmit says a lot: Treat college like an investment.Four years at Arizona State - tuition, room, board - will run over $110,000. Four years at MIT will run over $300,000.Big money is at stake and this is why so many students graduate with immense debt loads. The average approaches $40,000.That's a lot of dough and it's a huge burden.Enter Edmit, which aims to show a student and his/her family the *real* cost of a college and that's a factor of this school, its financial resources, this student, and the family's financial resources. A lot of variables come into play.But the right college choice can produce a manageable debt load. Often the school with the best package for this student isn't the one that seems obvious.Seth Brecher, head of partnerships and customer success at Edmit, tells us how the program works.He also tells about the special relationships Edmit forms with participating credit unions, and he says helping families plan their higher education expenses is a good way to strengthen relationships.Listen here.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available.Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto
My guest this week is Jerry Neumann. Jerry is one of the most thoughtful early stage investors that I’ve encountered, and his writings at reactionwheel.net are my favorite on this topic. He applies an incredibly structured way of thinking to a notoriously mysterious investment category. This is our second conversation, in which we cover why investing with one’s gut is a bad idea and why some of the popular edges in startups, like network effects, may be picked over. Please enjoy our conversation. For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag Show Notes 1:17 - (First Question) – His take on the venture landscape and the type of investments new VC’s are making vs what they should be making 3:44 – Most important implications of excess VC firms 5:32 – Misalignment of incentives in the VC space 8:19 – What he does differently from angel investors or VC’s 10:11 – The notion of risk and the types of risk the people he invests in takes 14:33 – Protections that he thinks about when it comes to the ideas he invests in 19:37 – Is there an area of expertise that provides an edge for startups 20:11 – Network effects are picked over 21:35 – IP protection 23:08 – One of the two most interesting things for VC’s to go after, brands 25:13 – The other most important thing, the value chain 27:42 – A current example of a disruptive value chain 29:14 – Innovation as the source of profit 29:16 – Schumpeter on Strategy 31:50 – Efficiency innovation vs value innovation 31:52 – Energy and Civilization: A History 35:50 – Efficiency investments he’s made 37:13 – Investment in Unsupervised and the machine learning landscape 41:25 – Investment in Sila 43:14 – Investment in Edmit 44:44 – investing on gut 50:32 – Black boxes and their value in investments 53:23 – Metrics about the predictive level of whether people are going to succeed 54:45 – What defines good people worth backing 57:50 – Advice for LP investors in this space and how they should evaluate VC’s in this space Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag
Nick Ducoff is the Co-founder and CEO of Edmit, the SXSW EDU award-winning company helping families make smarter college financial decisions. Nick has been quoted by the Wall Street Journal which described Edmit as “a website that predicts aid packages and provides advice on the value of different colleges.” Previously, as Vice President for New Ventures at Northeastern University, Nick developed leading programs that have reached thousands of students and contributed millions in revenue. His mandate was to incubate new business ideas, diversify revenue streams, and advance a new model of higher education. Nick holds a business degree from the Goizueta Business School at Emory University, and graduated from The University of Texas School of Law with Honors in 2006. https://www.edmit.me
For most families, the ability to pay for college is as important as getting in. We welcome Edmit co-founder Sabrina Manville to the show to discuss how to build a college list with value in mind to help families develop a list that is more affordable while distinguishing when it might make sense to pay a little more. We're also doing part 2 in our Tax Breaks for Higher Education series, discussing options available when you are paying for college. Finally, in Office Hours, we're discussing what to do if you missed the January 1st deadlines but still want to apply to enter college in fall 2019.
For most families, the ability to pay for college is as important as getting in. We welcome Edmit co-founder Sabrina Manville to the show to discuss how to build a college list with value in mind to help families develop a list that is more affordable while distinguishing when it might make sense to pay a little more. We're also doing part 2 in our Tax Breaks for Higher Education series, discussing options available when you are paying for college. Finally, in Office Hours, we're discussing what to do if you missed the January 1st deadlines but still want to apply to enter college in fall 2019.
Get ahead of student loan debt this year. With all of the buzz around companies that help students repay loans after they already owe four to six figures of student loan debt, Nick Ducoff, founder of Edmit, decided to get ahead of the competition by creating an innovative company focused on preparing students and their families for college. Learn about how Edmit helps families both make smarter choices around college and understand the true cost of attendance.
Ever wonder how to determine which colleges will be the best investment? Edmit is a college comparison-shopping resource designed to help families better understand the value of their college investment, with proprietary software that generates a personalized financial-fit score based on a college's affordability, value, and post-graduation earnings. Learn more about our collaboration with Edmit on the show. We're also talking to a communications expert about ways to prepare for the challenges of freshman year. And finally, we're sharing information on financial aid refunds, including what they are and how to best use them.
Ever wonder how to determine which colleges will be the best investment? Edmit is a college comparison-shopping resource designed to help families better understand the value of their college investment, with proprietary software that generates a personalized financial-fit score based on a college's affordability, value, and post-graduation earnings. Learn more about our collaboration with Edmit on the show. We're also talking to a communications expert about ways to prepare for the challenges of freshman year. And finally, we're sharing information on financial aid refunds, including what they are and how to best use them.
Student loan debt now totals $1.5 trillion, second only to mortgage debt, and it’s a crushing burden for many. J.P. Nichols hosts alongside Jean Donnelly, executive director of FinTech Sandbox. Guests FutureFuel.io CEO Laurel Taylor and Edmit.me CEO Nick Ducoff join to discuss their approaches to helping students repay their loans and make good debt decisions.