Why do UVA and Michigan attract such affluent student bodies?
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Anonymous
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Just to compare public universities (from the NYT):
Students from top 1% of families Michigan 9.3% Virginia 8.5% Illinois 2.5% Penn State 2.3% Wisconsin 1.7% Students from top 10% of families Michigan 49% Virginia 49% Illinois 30% Penn State 27% Wisconsin 19% |
Anonymous
| Michigan and UVA are highly selective schools. Now do this list for private colleges. It's not very complicated. |
Anonymous
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These are good to excellent schools, and are great options for kids looking for a big place or that might want a break from East Coast living.
Their parents can pay full out of state tuition, so the family has some means. |
Anonymous
| Virginia is a HCOL state with a lot of wealthy people. |
Anonymous
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Michigan is 50% OOS and most people that go can afford to pay full or close to full fare.
UVA is a much smaller in-state school and is fed by competitive, rich kids from the DMV and Richmond areas. I suspect most of the OOS kids are full fare and therefore rich. The other schools listed are at least a couple of tiers below and therefore less selective/sought after. |
Anonymous
| Top 10% isn’t that affluent. Two middle manager parents at F500 would be in that bucket. |
Anonymous
| Until you have been at an Ivy or Georgetown, etc, you have not seen extreme wealth … |
Anonymous
Michigan draws OOS kids from very HCOL areas like NYC/NYC Suburbs/LA. There's a link with NY Finance types and also big real estate investors. It provides a respected education while also offering the fun, rah rah stuff that people associate with stereotypical college. |
Anonymous
Link? |
Anonymous
For starters, WI as a state does not have a huge pocket of wealthy people (most would end up in Chicago, not Madison or Milwaukee). Whereas VA has NoVa with a very large population of rich/UMC people. MI is likely the same. Then for OOS---MI is extremely popular, but most are not paying $75K+ for a state school(or any school) if they are not well off. |
Anonymous
But compared to WI, there are more at that level I suspect. Not a lot of Wealthy/rich in WI as a whole |
Anonymous
The NoVa kids generally aren’t the rich kids at UVA. |
Anonymous
| One reason U of Mich got so good is that the Detroit area was one of the wealthiest in the world for a while due to the auto industry. And even after the American auto industry sagged in the last 35 yrs of the 20th century, there was/is still a lot of money in the state. There are suburbs of Detroit you wouldn’t believe. |
Anonymous
I an from Wisconsin. There are plenty of wealthy people here, so stop stereotyping. |
Anonymous
| My NOVA DD is a student at UVA. She says the very wealthy kids at UVA come from NE boarding schools. I guess some of them did not get into ivys. Their families can easily afford UVA out of state tuition. We are lucky to be paying in-state tuition, which, for our family is still a big sacrifice. Not all NOVA families are UMC or UC. |