Last updateFri, 17 Nov 2017 9pm

Ask the Experts


Can Do Attitude

Academically, girls outperform boys.  Why isn’t this publicized more?

According to research, girls outperform boys academically from elementary school and achieve better scores on standardized tests. Women have constituted over half of the college student population for the past four decades. However, people still talk of a gender gap. The statistics and scores are clear, but the reasons for the gender gap that still remains are not.

Research indicates that young women are taking more honors classes, are achieving higher grades and are getting better grade point averages than their male peers. A recent College Board report discovered that girls were performing much better in high school than boys. It showed that 60 percent of A+ students and 61 percent of A students were girls, and girls outperformed boys in all academic subjects.

Further down the grading scale, 63 percent of boys earned grade D and below. The average GPA in 2016 was 3.45 for girls and 3.30 for boys. Early on, girls excel in math and science, and it is not uncommon to find a boy seeking a girl as a math tutor.

For this reason, activists in academia have put more emphasis on girls over the years. This has the unfortunate effect of making boys feel that they no longer matter. With more Masters and Doctoral degrees being earned by girls, a gender gap is starting to form. Observers have suggested that a gender-biased education system has been structured to favor girls.

Girls do tend to be more organized, attentive, and perform better socially, and as we have read, academically. The shift to earlier learning and assessment has put boys at a disadvantage, because they do not develop at the same  as girls from a physical and psychological aspect.  This deficit continues through school and is evident by grade eight where 50 percent of girls attain more A and B grades compared to only 30 percent of boys.

According to the U.S. Department of Education boys account for 71 percent of all suspensions as they are statistically more likely to be suspended or expelled from school. The problems for girls come later in life when many experience a confidence and self-esteem crisis in early adolescence. A report by the Commonwealth Fund claims that only 40 percent of girls describe themselves as ‘overly confident.’

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International Itinerant

I want to intern this summer. Is an internship abroad a better option?

Studying abroad is becoming more popular among U.S. graduates, with one in ten now taking this option. There is no doubt that going abroad in today’s multinational and multicultural world is a good thing for students. The majority who venture overseas do so for short periods, such as one semester, and most of them go for studies only, not internships.

A large number of U.S. companies report lost business opportunities because they lack the expertise to conduct business overseas. However, foreign students still flock to U.S. colleges to learn and network. Some reciprocation is in order, and more U.S. students should be seeking study and internships abroad.

The Institute for International Education reports that study abroad programs have tripled in the past 20 years. Many students come from a STEM background, an area other countries seem to excel in. Pursuing an internship in a foreign country will benefit you in more ways than just through the qualifications you will receive. It is a life-changing decision that will give you experiences and knowledge to carry through life and build upon.

Living and working overseas looks great on your resume. It shows initiative, independence, adaptability and drive. You will have an advantage over other graduates that stay in the U.S. for their entire college degree. Traveling to a new country and culture will do wonders for your confidence, boost your professional talents and expand your network. It broadens the mind more than staying at home. You will also get an insight into foreign working environments and learn how to adapt to them, a vital skill in today’s international world. You quickly discover that learning Spanish is important for the U.S. domestic market, but it is not the language of business for Asia. Cultural awareness and the ability to communicate across language barriers is a major asset to show any potential employer.

One of life’s big lessons is independence, and there is no better way to gain it than living and working overseas. It is a daunting prospect, especially if you have never traveled before, but once you are out there, the sense of empowerment and increased confidence will stay with you forever.

Traveling abroad also makes you appreciate your American legal and banking systems. If you have a problem, you will be calling your U.S.-based bank or credit card, rather than trying to solve the problem locally. You will need to pay careful attention to your online credit card statement and understand what is a chargeback for incorrect or fraudulent charges.

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Mortgaging Your Future

I know I will have a lot of student debt after college, but is it possible to get a mortgage as well?

It is common knowledge that college will put you into debt. You may be reluctant to get even further into debt after you graduate, however, you may want to buy a home. Fortunately, the federal government can help with a number of programs designed to assist students and those getting onto the property ladder for the first time.

In recent months, moves have been made to facilitate refinancing of mortgages to pay off student loans. Some of the largest mortgage backers in the country have introduced new policies and guidelines which enable swapping student loan debt for mortgage debt. According to loan consultants at Credit Cube, this could enable substantial savings as student debts carry a higher interest rate than mortgages.

The national student debt is a staggering $1.4 trillion, held by around 45 million Americans. This has a huge effect on the whole economy, since it prevents younger people borrowing to buy their first property. People are living at home longer and debts are getting deeper. The burden of student debts is finally being acknowledged by financial institutions, because the impact on society is far-reaching.

Reports indicate that homeownership is positively linked to college attendance and attainment. However, high student loan delinquency could damage credit scores of millions of young people and prevent them from buying their first homes. Moving from another state often makes little difference, and the debts will follow you.

Fortunately, there is some light at the end of the tunnel for around 8.5 million homeowners who still have student debt. The costs of refinancing and a ‘cash out’ have been reduced provided that funds taken out of the equity are used solely to pay off student debts. Students who have loans based on federal reduced payment plans will find that their debt to income (DTI) calculations have been adjusted in their favor. Monthly payments reported to credit bureaus now count towards your DTI ratio.

If your parents are paying non-mortgage debts, such as your student loans, they will not be included in the ratio provided that they have been paid on a regular basis for at least 12 months. This improves the debt ratio for young home buyers and it should be a little easier to secure a home loan with more favorable DTI calculations.

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Cycle Calamity

Bicycles have become a permanent part of campus life. Are colleges doing anything to make cycling safer?

Cycling is a practical and cheap way to get around campus and town. The rise in the popularity of cycling, however, has increased the likelihood of accidents. There are a number of things to be aware of regardless of which college you are attending. If you are riding on two wheels, there is a good chance you will fall off at some stage. Staying safe and being alert to your surroundings is a good start if you want to pedal your way around campus.

Statistically, the highest rate for injury on bicycles is in the 16- to 20-year-old age group. According to the National Highway Traffic Safety Administration, college-aged people face the greatest risk. Falling off a bicycle can be just as bad, or even worse, than a motorcycle accident in many cases. Cyclists in general do not wear helmets whereas the majority of motorcyclists do. The prospect of sustaining an injury is far greater for those without adequate protective clothing. However, many students do not take sufficient precautions. How many students carry around biking gear, pads, helmet, and gloves with them? Then again, the prospect of spending months in traction should make people think twice before heading off on two wheels without proper protection.

In addition to providing educational resources and programs for students, campuses should encourage safe cycling. Attending a cycling safety workshop as part college orientation would benefit both the bikers and pedestrians. Simple things such as using lights at night and wearing bright clothing can help to increase visibility for cyclists and other road users.

Being aware of cyclists and their routes is also the responsibility of pedestrians. Classes on cycle maintenance, road regulations and laws, equipment and road etiquette would help reduce bicycle and pedestrian accidents around campus. Bikes should also be readily available, possibly through a rental system similar to those that have been introduced in some traffic-clogged cities around the world.

Campuses should have a bicycle infrastructure, and colleges should have provisions for both cyclists and pedestrians to share the same spaces. According to the American Journal of Public Health, cycle lanes help reduce the risk of accident and injury by up to 50%. Universities that have implemented bike lanes, such as the University of California, have been successful in encouraging their students to cycle more with greater responsibility.

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Working for Uncle Sam

Now that I have a part-time job, how do I keep more of my salary? Is there any tax relief for students?

As soon as you start earning, you will need to learn about the IRS, or the Internal Revenue Service. People who work few hours a week at a deli as well as CEOs of major corporations cannot escape the taxman. It takes an expert to understand tax complexities thoroughly, and some of the regulations can be confusing. There are ways to lower your taxes, though, and as a student, this information is of paramount importance.

Even with a part-time job, your first paycheck is likely to be smaller than you were initially expecting. Just working a few hours a week can require deductions and withholding, as they are calculated as a percentage of your earnings. When you start work, you will need to complete a W-4 form which largely determines how much tax you will be paying.

There are three components to payroll taxes, and they vary depending on where you live. It will be a small miracle if you have a significant salary left after you have paid federal tax, state taxes, local taxes as well as social security and medicare. On your pay slip, you may see these all combined under the heading of FICA.

The IRS uses a formula to predict how much you will earn by the end of the year. From this your employer can calculate what you should be paying in taxes. Your actual earnings, previous earnings and information entered on the W-4 for are used in this formula. If you think you are paying too much tax, as most of us do, you can submit a new W-4 form.

If your boss does not file any taxes for you, it will be because they consider you a freelancer or self-employed. Nearly one third of American workers are now freelancing in some capacity. Popular choices for freelance student workers include catering, tutoring, online blogging and designing websites. As a freelancer, the taxes become your own responsibility, and the burdens could be higher. If you work as an employee, your boss should be paying half of your social security. As a self-employed worker, you will pay the whole amount. On the upside, there are more exemptions that can be claimed as a freelancer. Therefore, it is important to be aware of your precise employment status.

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Southern Secrets

My group of friends here at school is great, and one of the cool things about us is that we’re all from different places. So I had the idea that we could start getting together over breaks in each person’s home region--a weekend in New York City with one friend, a trip out West for a week with another, and so on. Brilliant idea, right? My friends thought so, too, and they rewarded me by deciding I was going to bat leadoff on this one. I’m from the Southeast (Northern Georgia) and I really was not thinking of my own hometown when I came up with this idea. To be honest, I really have no idea where to take them. Any tips from your experts on vacationing in the scenic American South?

You’re pretty tough on your home region, and your concerns don’t seem totally justified. In fact, the American Southeast is stacked with top tourism destinations! According to one study, your home state of Georgia is is actually among the top ten most popular states for travel. And bordering your state is #1 (Florida), #7 (South Carolina) and #11 (Tennessee).

In North Georgia, you’ll have an easy time getting to Atlanta, where tourism is up 24.2 percent relative to last year. More rural locations abound, too, of course, and tourism pros from Henry County were quick to mention to us that the areas around Atlanta would help you split the difference between city-slicking and Southern relaxation.

If a larger geographic range is in play, you could try heading out to Tennessee. Nashville drew an incredible 13.9 million tourists last yearmillion tourists last year, and has become a hotspot for bachelor and bachelorette parties--something to keep in mind if someone in your friend group is ever tying the knot.

If you wanted to make things easier on your friends from points north, you could opt for something closer to the mid-Atlantic. There are plenty of beach towns all along the Atlantic Coast, as well as plenty of history. Washington, DC is an obvious choice, but you’ll also find plenty of historic sites in the smaller cities and rural areas surrounding it. In fact, heritage tourism is booming all across the American South. Historic sites and battlegrounds abound in cities as large as Raleigh and as small as Vicksburg, Mississippi, which has a thriving tourist trade all its own.

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House of God

My grandmother has gotten very involved in a large church back home. My family has no problem with that--most of us are at least somewhat religious. But we’re worried about my grandmother’s finances, because she has started to give a ton of money to this church. She gives constantly, and my parents recently discovered that she took out a reverse mortgage on her house to cover the costs. My family and I don’t want to interfere with my grandmother’s religious life, but we’re concerned. What can we do?

It is not unusual for your Grandmother to be giving money to her church, of course. Churches have asked for donations for as long as they’ve existed, and churchgoing Americans of all stripes contribute. The trend is more notable with so-called “megachurches,” where donations can range between an average of $1,368 and $1,865 per person depending, some studies suggest, on the age of the church.

But such churches are supposed to be centers of inspiration and support, not money-making enterprises, church pastors we spoke to said, and even at the very largest institutions--which can attract congregations of 43,500 people--ought to value each individual member. Your grandmother should never feel pressured to give more than she can afford.

And it certainly does sound like she is currently giving more than she can afford. A reverse mortgage is a powerful financial tool, but it is not free money, the experts at Reverse Northwest told us. Reverse mortgages draw equity from your home, working, as the name suggests, in a way that is sort of the reverse of a regular mortgage. With a regular mortgage, an institution lends you money to buy a property and you slowly pay them back over time until you own the house free and clear. In a reverse mortgage, an institution pays you on a regular schedule, with the stipulation that when a certain time is up, they will be repaid with either cash or the leveraged property. A reverse mortgage is a good tool for folks who own their homes but are short on retirement savings, but putting her house up for the sake of a church rather than her own well-being suggests that your grandmother is not making the most careful decision she could.

It’s probably a good idea for your family to speak to your grandmother about her spending habits and her finances. It’s probably a conversation best held between your parents and your grandmother, but if your family decides you should have a role in it, you should make sure you express your support and concern in a loving way. Experts suggest legal means only as a last resort when it comes to reigning in an elderly relative’s spending. That’s because legal action can do serious harm to personal relationships.

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Fasting for Finances

My friend and I have a plan for when we graduate: we’re going to start our own business. We have our idea (sorry, I can’t say what it is), but we don’t have any financing, and that’s stressing us out. My friend, in particular, has become really focused on strategies for raising money. He’s convinced that it’s all about presentation, and he has started to criticize the way (he thinks) I will represent our company. He thinks I don’t dress sharply enough, he thinks I mumble too much, and, above all, he thinks I’m too fat. He’s gone so far as to get me diet pills! I don’t know what to do. I think our business plan is a good one, but I’m worried about how my future business partner is behaving, and I’m not sure what to think about his takes on financing and appearance.

Your business partner has no right to be giving you the business about your appearance --especially when your company hasn’t even been started yet! His behavior is extreme, and you should think carefully about your next move.

If you are overweight, it is of course a good idea to shed those pounds. But your goal needs to come from a place of positivity and a desire for self-improvement--not from a place of bullying. Bullying can put weight loss in an unhealthy focus: one study found that bullied teens and their tormentors were both unhealthily preoccupied with their weights (55 percent and 42 percent, respectively) more often than peers who had no experience with bullying (35 percent).

And if you do want to lose weight, you’ll want to be careful about how you do it. It’s hard to say what sort of weight-loss supplement your friend is pushing on you, but you should know that those sorts of supplements can vary wildly in both efficacy and safety. Some products are relatively simple concoctions, like milkshakes that fill you up on protein and stave off hunger. Fastin’ had a previous life as a prescription drug for the extremely overweight. And still others have different compositions and different histories--and, sometimes, different side-effects and unwanted consequences. Diet and exercise have to be the pillars of your weight loss plan. Supplements can have a role, but bullying absolutely should not.

Besides, does your friend have a point about presentation? Studies do occasionally pop up to support the idea that our appearances affect our success. Overweight professional do tend to earn less, some studies have found, but the effect is easier to measure over the course of a career and varies significantly by demographic (white women are most hurt by the weights, one study found, with 64 excess pounds costing them 9 percent of their wages).

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Computer Connections

I’m studying to prepare for a career in technology. That’s not my problem, though: I’m very happy with that! It’s my father who isn’t. He’s an old-fashioned guy with old-fashioned values, and he’s not big on technology. Don’t get me wrong, I’d probably have it worse if I’d announced I was going to be an artist, or something. But while my dad is happy I’m headed for a career with some money-making potential, he’s totally unimpressed with the industry I’m entering. He rolls his eyes at startup culture, laughs at tech’s lax dress code, and, above all, insists that technology drives us apart. He loves to talk about “kids with their noses buried in phones” and how “nobody ever talks to each other anymore.” Any tips on bringing my dad around to the benefits of technology?

Your father is not alone in his opinion of technology: more than 70 percent of Americans believe that technology is weakening our personal connections. But that opinion is not universal, and it is important to note that the divide is very generational. Millennials think that technology gives them more connections with people. Interestingly, millennials also believe that connections made online are getting “less authentic” and will continue to trend in that direction--so perhaps you should keep this moment in mind for years from now, when you may find yourself have the same argument with your child.

At least some experts and data support the idea that technology encourages, rather than discourages, human connection. Social media platforms are bigger than ever, with Facebook topping 2 billion active users. And it is not just individuals connecting with tech: Telecom tech company Polycom says it brings voice and video connections to more than 400,000 companies and institutions.

The social connections we build through technology are strong, but it might be difficult for your father to understand that unless you can get him to try that tech out for himself--and, based on your question, that seems pretty unlikely. But there are other ways to demonstrate the bonding powers of tech that do not require your father’s active participation. Consider using tech to do something for the family. For instance, you could use one of the internet’s many genealogy and family history websites to track your father’s heritage. If your home has an old broken computer or digital camera in it, you could turn to hard drive recovery experts to unearth long-lost photos and show your father that digital storage can preserve personal memories and connections.

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Cash (In)consideration

My sister and my (soon-to-be) brother-in-law are getting married soon--but they don’t have a gift registry. Instead, they’ve chosen to ask everyone for cash. Worse yet, the groom is busy telling people that he plans to use the money to invest in his business (he owns several small convenience stores). My parents wanted to get something like a nice china set or a set of fine silverware, so they’re beside themselves to hear that their future son-in-law is telling everyone their cash will help him buy new drink coolers. I’m not usually much for etiquette, but I’m not thrilled either, to tell the truth. To the extent that we’ve talked about it (not much), my sister seems to think it’s a normal, modern thing. Settle this for us: is this rude, or not?

While your future brother-in-law would no doubt like to get a display cooler as a wedding gift (experts do say that display coolers improve sales!!), you are correct that it would make a pretty uncommon choice for a wedding gift. But, of course, your sister and her future husband are not asking for a walk-in cooler (at least not in so many words); they’re asking for cash. So how common is that?

Fairly common, as it turns out--though that may be changing. Nearly half (46 percent) the members of the Silent Generation and 33 percent of Baby Boomers prefer to give cash as a gift, but only 20 percent of Millennials feel the same way..

Millennials might be onto something here, because nearly 85 percent of brides say they would rather get a gift off of their registry. That may seem surprising at a time when the number of couples living together before marriage is up 900 percent compared to 50 years ago, but wedding registries have changed with the times. Once the domain of home goods stores and department stores, registries are more democratic these days, with things like Amazon gift registries allowing for a broader range of options (walk-in coolers, however, are still discouraged).

Still, plenty of brides and grooms would prefer cash. There’s not wrong with that, and while etiquette rules have traditionally frowned upon requesting cash specifically, modern etiquette experts are revising that rule--with the important caveat that the request must be made politely.

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House Headaches

My grandmother recently bought a new home in my hometown (Chicago), and it has been nothing but a disaster. It’s in a bad neighborhood, but worse than that, things are dangerous inside the house! According to my parents, the place has exposed wiring, problems with some plumbing fixtures, and possibly even foundation issues. I’m concerned that the seller took advantage of my grandma. Does she have any way out of this?

It is a shame that your grandma did not end up with the house she wanted. While the real estate industry is thriving--5.5 million existing homes were sold last year, the highest such number in a decade--it is always important to remember that buying a home is a big commitment, and that it is vital to do all the research you can before committing. Even when shopping in a town you know, it pays to work with real estate agents that know the area. Some of Chicago’s award-winning real estate experts make neighborhoods a key part of how they organize real estate listings. That makes sense, because location is key in real estate. The median price for a one-bedroom apartment in Manhattan is $2,090, but the same apartment would cost only $680 in Detroit.

Location is key, but, as your grandmother well knows, it is not everything. The structure and systems of the property itself must be carefully examined, which is why home inspections are typical (though not legally required) in real estate deals. Problems with an electrical or plumbing system can be very dangerous, and electrical contractors say that homeowners do not always realize just how many things can put a home in danger--even rodents can cause electrical issues by chewing on wires.

The unfortunate truth, however, is that even when proper precautions are taken, some shady sellers can get the better of trusting home buyers. It is not clear from your question whether or not your grandmother knew about the home’s problems before she bought it, but if she did not and the original owners did, then she may have a legal recourse. Most states have seller disclosure laws that would protect a buyer who purchased a home from someone who hid a key problem.  In cases like this, however, the burden of proof lies with the purchaser, so your grandmother would have to prove that the house had prior problems, that the former owners knew, and that she herself did not. Only a lawyer can give your grandmother legal advice that is specific to her situation.

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Contact Information

The Outlook
Jules L. Plangere Jr. Center for Communication
and Instructional Technology (CCIT)
Room 260, 2nd floor

The Outlook
Monmouth University
400 Cedar Ave, West Long Branch, New Jersey

Phone: (732) 571-3481 | Fax: (732) 263-5151