is Georgetown ever going to revise their FA situation?

[Anonymous]

Georgetown is out of whack compared to other top colleges.

They really hit you hard for home equity and give almost no leeway with two kids in college at same time.

Georgetown with two kids would cost me 180k a year. Williams could cost me 70k. And there others are closer to Williams.

[Anonymous]

I don’t know. We didn’t qualify for aid at any private, even the Ivies.

Full pay everywhere for both kids.

What is your HHI? Ours has hovered from $300-400k

[Anonymous]

1. They have a relatively small endowment compared to other private universities around the same ranking.

2. They are behind the times in many regards (test scores, application, etc.)

So, to answer your question: probably not any time soon.

I say this as a graduate and an alumni interviewer since 2006.

[Anonymous]

Anonymous wrote:Georgetown is out of whack compared to other top colleges.

They really hit you hard for home equity and give almost no leeway with two kids in college at same time.

Georgetown with two kids would cost me 180k a year. Williams could cost me 70k. And there others are closer to Williams.

So no Georgetown. Plenty of schools easier to get into than Georgetown that will give you more financial aid…

[Anonymous]

Anonymous wrote:

Anonymous wrote:Georgetown is out of whack compared to other top colleges.

They really hit you hard for home equity and give almost no leeway with two kids in college at same time.

Georgetown with two kids would cost me 180k a year. Williams could cost me 70k. And there others are closer to Williams.

So no Georgetown. Plenty of schools easier to get into than Georgetown that will give you more financial aid…

OP and harder to get into. Our schools has plenty of families with kids who get into GU and then a harder school and even if they would prefer GU for the SFS, etc. they take the better deal at a T10.

[Anonymous]

They should hit hard if you have an expensive home. You can sell the house, or could have saved more. Why should you get more air because of your life choices.

[Anonymous]

Anonymous wrote:I don’t know. We didn’t qualify for aid at any private, even the Ivies.

Full pay everywhere for both kids.

What is your HHI? Ours has hovered from $300-400k

You think you should get aid on that income?

[Anonymous]

whoever managed their endowment over the last 15 years underperformed other schools.

they should have more money, but they dont

[Anonymous]

Anonymous wrote:I don’t know. We didn’t qualify for aid at any private, even the Ivies.

Full pay everywhere for both kids.

What is your HHI? Ours has hovered from $300-400k

OP haha, our HHI is about 185k. but we bought our home in 2001 and it's gone up a lot in value, even though it's just a two bedroom.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Georgetown is out of whack compared to other top colleges.

They really hit you hard for home equity and give almost no leeway with two kids in college at same time.

Georgetown with two kids would cost me 180k a year. Williams could cost me 70k. And there others are closer to Williams.

So no Georgetown. Plenty of schools easier to get into than Georgetown that will give you more financial aid…

OP and harder to get into. Our schools has plenty of families with kids who get into GU and then a harder school and even if they would prefer GU for the SFS, etc. they take the better deal at a T10.

Yes, goes without saying…

[Anonymous]

Anonymous wrote:1. They have a relatively small endowment compared to other private universities around the same ranking.

2. They are behind the times in many regards (test scores, application, etc.)

So, to answer your question: probably not any time soon.

I say this as a graduate and an alumni interviewer since 2006.

It's almost like Georgetown is no longer a peer to same schools they used to be.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don’t know. We didn’t qualify for aid at any private, even the Ivies.

Full pay everywhere for both kids.

What is your HHI? Ours has hovered from $300-400k

You think you should get aid on that income?

Of course! lol

I’ll take anything.

It is a little absurd if you make $301k, you are on the hook for $400k vs if you make $250k, all without taking into account some have to live in very high cost living areas/high cost real estate areas because that is where their job industry is. I never understood why cost of living was never factored into aid calculations. We all know $300k in SanFran, DC, etc., does not go far like it does in smaller towns. Two families with drastically different lifestyles. My sibling literally has a mansion at $300k sticker price, everything cheaper—can’t even get a condo for a family in DC.

[Anonymous]

Nobody is entitled to these schools. They can do what they want.

[Anonymous]

Don't people think other schools should better account for wealth when making FA decisions? A lot of DCUM discussions illustrate that wealth and HHI are distinct.

The two kids in college at the same time issue is understandable for OP but I actually think more schools should consider home equity (at least above a mid 6-figure amount).

[Anonymous]

I wouldn’t hold my breath. Their FA offer for my daughter two years ago was so far out of range compared to other comparable or better schools that they must know and not care about attracting middle class students.