The business of college advisors is booming. Here's how to navigate the consulting process

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The industry gained some unwelcome notoriety early this week when dozens of people — including actresses Felicity Huffman and Lori Loughlin — were arrested in an admissions bribery scheme.

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His organization, a nonprofit that represents independent educational consultants, estimates there are about 8,000 people in the profession full-time, as well as thousands more who"dabble" in it. "Because admission rates are so low, you can't just have ... straight As, perfect or near-perfect SAT or ACT scores. You are going to need something that makes you stand out," he said on"Power Lunch."

Students who know they have to attend a state university or are only choosing between a couple of schools likely don't need to hire an advisor either.

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