Class 101 College Planning Franchise Offers Low-Cost Investment With a Proven Business Model Focused On Helping College-Bound Teens
Class 101 is a national college planning franchise that helps high school students get into better colleges and qualify for higher amounts of scholarships and financial aid. We address a common problem: the college application process is complicated, competitive and stressful, resulting in students who don’t get enough, or any, financial aid and often end up at the wrong school.
Most Class 101 franchisees are former educators, parents, business people or admissions counselors, and they are extremely passionate about helping young people.
“The college planning process can be incredibly frustrating and confusing, but it doesn’t have to be,” says Founder Tom Pabin. “There is a school for every student, and there are many colleges and universities that have scholarships and aid to give out. At Class 101, we help bridge that gap and help ensure college students have a successful four-year college experience that sets the stage for a successful career. Eighty percent of the students who go to college pick the wrong school or miss out on large amounts of scholarships they could easily get if they understood the process better and had better guidance earlier. Class 101 was founded to address these issues.”
As Class 101 rapidly expands across the country, we are actively seeking business-minded people who are passionate about helping millions of college-bound students recognize their full potential.
Here are three reasons the Class 101 college planning franchise is a best-bet investment:
Class 101 Franchise Owners Are Meeting the Rising Demand for Personalized College Planning Services
Millions of high school students enroll as college freshmen each fall. Too often, they miss out on tens of thousands of dollars of scholarship and grant money, and they end up unhappy and unsatisfied with their college experience. As college tuition and college debt continue to rise, so do the stakes of choosing the right school, the right major and the future career path of our nation’s college-bound teenagers.
The average college tuition and fee bill was 40% higher in 2015-16 at public four-year institutions than it was in 2005-06, and it was 26% higher in the private four-year sector, according to the College Board. More than 40 million Americans are saddled with student loan debt — collectively amounting to a staggering $1.3 trillion, and that figure is growing at the terrifying rate of nearly $3,000 per second, according to Experian.
Since our founding in 1997, Class 101 has helped thousands of high school students get into the best colleges for the best price. We believe every high school student should have a positive college experience and that families should, and can, pay less out of their own pockets for college.
“Teenagers are less likely to listen to their parents when it comes to college planning,” Tom says. “From parents, it’s nagging. From us, it’s advice. Parents then know they have a support system; they can contact us at any step of the way. They can have peace of mind that the entire college preparation process is being overseen by somebody their child is going to listen to. We get the best from these kids. We affirm them, challenge them and teach them. We are right beside them to mitigate the cost and complexity of the college preparation process, all while instilling them with confidence.”
Our Proven Business Model Offers a Potentially Steady Stream of Revenue for Class 101 Franchise Owners
The college preparation process can be a daunting ordeal, and parents and guidance counselors are unable to devote the time needed to ensure its success. With Class 101, parents know a professional college planner is guiding their child. Most Class 101 franchise owners are former educators, parents, business people or admissions counselors, and they are extremely passionate about helping young people.
Demand for personalized college planning, like paying for college tuition, will continue to rise. The average college tuition and fee bill was 40% higher in 2015-16 at public four-year institutions than it was in 2005-06, and it was 26% higher in the private four-year sector, according to the College Board.
Through our one-on-one college planning sessions with students, ACT and SAT preparation classes, seminars and organized campus visits, Class 101 offers a potentially steady stream of income for franchisees. We don’t stop at improving our student’s test scores or composing the perfect college entrance essay. Because our main focus is to forge mentoring relationships with our students, our college planning advisors are uniquely positioned to help students highlight what we at Class 101 call “separators,” those standout skills or talents that help high school seniors stand out among their peers, and shine brighter to the college administrators who are poring through thousands of applications every semester.
“The key to why our business model is so successful is that we help our kids double their chances of getting into the right school and earning scholarships and aid,” Tom says. “It doesn’t take many students to make a college planning franchise owner successful; we aim for 100 client referrals a year, with a goal of 40 to 50 students. The average sale for a consulting retainer is $2,800, and our average closing rate is 90 percent nationwide.”
Class 101 Is Rapidly Expanding Across the Nation
With an initial investment starting at $40,400, this premier college planning services franchise offers a low-cost investment opportunity with a high potential return. Class 101 has locations in Kentucky, Georgia, Louisiana, North Carolina, Tennessee, Virginia, Ohio, Florida and Indiana, which all have experienced explosive growth during their opening year.
With college costs rising at a rate of 6% above the rate of inflation (long-term), the time invested in hiring a Class 101 counselor offers an incredibly attractive ROI. The typical transfer rate for college freshmen is around 30%, but Class 101 students transfer less than 5% of the time. Why? Because we work one-on-one with students to make sure they have laid the groundwork for a successful college career. Class 101 has helped students gain access to hundreds of millions of dollars in scholarship money.
“Class 101 meets a growing need in communities across the country,” Tom says. “With plans to expand to 100 locations by 2020, we offer an excellent opportunity for business-minded people who have a passion for helping high school kids and their families.”