+100 Yale is 95-100K/year all in now. They show that donut hole families have the lowest acceptance rate at these schools. They want richy-rich or poor. The first will yield and pay, the second will go for free or get a large chunk of need-based aid. The donut hole have to really think if they can get by and figure out loans/financing on their own. More yield risk. |
100% I have an uw 4.0/4.4gpa (tough private school) and 36 ACT, 5s all APs and is going in-state next year. We make a good income--would be rich outside of DMV. But--$85-90k/year for more than one kid is crazy when the in-state option is ranked 24 in the Nation. |
UVA talks of privatization all the time since they get almost zero funding from the state. If that happens, they are going to shoot up even higher than 24. |
No. Someone has to pay for the free rides. |
It’s better than it used to be. |
Is your implication that the students at Columbia, Penn etc are not high stats themselves? Just rich, but average? Because that’s demonstrably not true. Or was the implication that high stats kids without money just go straight to state schools without also applying/ accepted to Columbia Penn etc ? Due to costs, this group of high stats kids goes to state. Whereas people not cost-sensitive go to Penn? Pls clarify |
DP. Use your brain. More kids that would have gone there in the past are now choosing in-state flagships due to cost. That does not mean they are getting lesser students at the elite schools. It is still ultra competitive. It does mean it's getting harder and harder to get into top in-state flagships since kids traditionally headed for a private or Ivy are now choosing in-state. Get it? |
. Of course I get it - which is why I presented what you wrote as one of the two options that I thought of! So touchy |
It's already a barbell at the top privates. The kids either have gobs of money (think travel via chartered private jets).... or they are on scholarship. There's no one at these schools with two middle manager parents. |
Agree. |
OFC. People who go to these schools have to be extremely wealthy to afford tuition OR poor enough to receive aid. There is very little in the middle b/c most MC and even UMC families are not able and/or willing to mortgage themselves beyond what is reasonable to attend these schools. The same is largely true at lots of other "elite" schools as well. |
The caliber of students at public universities has increased significantly. It's why they now many have 35 ACT as 75% and 4.1 gpas as a median. UVA and Tech have gotten harder and harder to get in each passing year...and UVA was always a very tough admit for a Virginian. |
How? The State owns their land and facilities and their endowment. |
Which is why Hopkins definition of 'privilege' that was circulating really infuriated me. That 'class' is the ones unable to come to Hopkins because of the cost of $85k/year. |
This is old, but interesting: https://www.c-ville.com/uva-eyes-privatization-as-public-funds-diminish/ |