Demand for Our Personal College Planning Franchise Services Is Booming as Families Nationwide Face Rising Tuition Costs and Student Loan Debt
2017 is expected to be another banner year of expansion for Class 101 college planning franchise. We closed out 2016 with a new location in Philadelphia, and we continue to add new locations in new markets as we work toward a goal of nearly 40 locations by the end of 2017.
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 provide a solution to a common problem facing U.S. families — the college application process is complicated, competitive and stressful, resulting in students who don’t get enough, or any, financial aid and who often end up at the wrong school. Our franchise is the perfect fit for entrepreneurially minded individuals with a desire to help make a positive impact on the lives of young people.
“The college planning process can be very frustrating and confusing, but it doesn’t have to be. Class 101 was founded to help families navigate the process,” says Founder and CEO Tom Pabin. “Our 19-year-old business model is extremely effective as we help students find the perfect school at a tremendous savings. We are able to save families an average of $160,000 in merit-based scholarships alone.”
As word spreads about our success rate, more and more families are signing up for our services, spurring our record growth in 2016.
We Meet a Rising Need for Stressed and Time-Strapped Families
As college tuition and college debt continue to rise, so do the stakes of choosing the right school for our nation’s college-bound teenagers. Tuition charges are rising three times faster than inflation, according to the latest data from the Consumer Price Index for college tuition and fees. 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.
The typical high school counseling experience is not only ineffective, but it is also rushed and impersonal. A Public Agenda report, funded by the Bill & Melinda Gates Foundation, found that 48 percent of respondents felt that their school counselor treated them like “just another face in the crowd.” In fact, if a student is able to get individual time with a counselor to focus on the college process, it is often less than 45 minutes throughout the entire time they are enrolled in high school. Class 101 offers a much-needed solution, working one-on-one with students and giving each student 20-40 hours of individual planning time.
We Offer a Low-Cost Investment Business Opportunity
With an affordable franchise fee of $27,500 — and a total initial investment of $40,400 — our premier college planning services franchise offers a low-cost investment opportunity with a high potential return. Several of our franchisees have surpassed the $100,000 revenue mark in their first or second year.
The Class 101 business model is effective; our full suite of services, including ACT and SAT test prep workshops and DiSC personality analyses, keeps your business pipeline full year-round, even when school is out. You can launch your business venture solo and choose to add employees as you grow, or you can remain a single owner with our flexible business models that all feature the same low franchise fee.
Learn More About Class 101 College Planning Franchise
The Class 101 business model ensures that owners have a steady stream of revenue throughout the year, not just during the school year. Franchise owners have three ways to generate revenue: classes to prepare students to excel at the ACT and SAT, organized campus trips and retainer agreements for one-on-one consulting services. Class 101 is a low-overhead business model with the potential for high revenue from day one. The average gross revenue for our top 5 franchises in 2015, according to our most recent FDD, was $137,000.