The insanity of 1%er East Coast parents and college

[Anonymous]

This isn’t just an east coast phenomena. Wealthy enclaves all over the US are largely the same. Nothing special about east coasters except maybe their admiration of NE SLACS. USNWR, Princeton Review, etc. are available to everyone and influencing even if some don’t admit it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.

What? Are you disgruntled because you are a 1%er with a kid who wants to go to an elite school because of name and thinks their wealth makes them entitled ? Those days were over a generation ago. Mine are at different ivies. We are top3% income ie full pay & make it work because we saved. Most there are on aid. Smart is the new rich. Me and many of my elite college peers went there highly aided in the 90s, now we make enough for our kids to be full pay. Since they are as smart or smarter than we are they got in just fine no hooks (in fact their demographic is a bit of a negative yet they still got in). There are plenty of non elite but still T75 for 1% wealth who are not in the top% of smarts/talent.

I’m not sure what point you’re trying to make, that your kids only got in because they are full pay? And you’re only 3 percent not 1 percent?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.

What? Are you disgruntled because you are a 1%er with a kid who wants to go to an elite school because of name and thinks their wealth makes them entitled ? Those days were over a generation ago. Mine are at different ivies. We are top3% income ie full pay & make it work because we saved. Most there are on aid. Smart is the new rich. Me and many of my elite college peers went there highly aided in the 90s, now we make enough for our kids to be full pay. Since they are as smart or smarter than we are they got in just fine no hooks (in fact their demographic is a bit of a negative yet they still got in). There are plenty of non elite but still T75 for 1% wealth who are not in the top% of smarts/talent.

I’m not sure what point you’re trying to make, that your kids only got in because they are full pay? And you’re only 3 percent not 1 percent?

The point is that the wealthy families believe their kids are entitled to a spot in elite colleges purely by virtue of their wealth, and are besides themselves when they realize this is not true.

[Anonymous]

If you think this is limited to the 1% you have blinkers on.

[Anonymous]

Anonymous wrote:If you think this is limited to the 1% you have blinkers on.

True but the point is it’s most insane for the 1%ers.

[Anonymous]

Op, did you have a question?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.

What? Are you disgruntled because you are a 1%er with a kid who wants to go to an elite school because of name and thinks their wealth makes them entitled ? Those days were over a generation ago. Mine are at different ivies. We are top3% income ie full pay & make it work because we saved. Most there are on aid. Smart is the new rich. Me and many of my elite college peers went there highly aided in the 90s, now we make enough for our kids to be full pay. Since they are as smart or smarter than we are they got in just fine no hooks (in fact their demographic is a bit of a negative yet they still got in). There are plenty of non elite but still T75 for 1% wealth who are not in the top% of smarts/talent.

I’m not sure how you got that from my post. I was merely trying to say that my family is fully in the college rat race, as I was 30 years ago, and that’s our life. If I wanted to live somewhere where college admissions is not such a big deal, I would, but I don’t want to.

[Anonymous]

Their efforts and activity which you deem insane is the very reason they are 1% and you are not OP. They focus on and do things that you do not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.

What? Are you disgruntled because you are a 1%er with a kid who wants to go to an elite school because of name and thinks their wealth makes them entitled ? Those days were over a generation ago. Mine are at different ivies. We are top3% income ie full pay & make it work because we saved. Most there are on aid. Smart is the new rich. Me and many of my elite college peers went there highly aided in the 90s, now we make enough for our kids to be full pay. Since they are as smart or smarter than we are they got in just fine no hooks (in fact their demographic is a bit of a negative yet they still got in). There are plenty of non elite but still T75 for 1% wealth who are not in the top% of smarts/talent.

lol

[Anonymous]

Anonymous wrote:Their efforts and activity which you deem insane is the very reason they are 1% and you are not OP. They focus on and do things that you do not.

And I find that completely morally bankrupt.

[Anonymous]

Anonymous wrote:We’re in a stage of “elite overproduction”. There are only so many seats in the very top schools, and more children of the elite seeking to fill them. It’s a game of musical chairs with too many players. Hence the panic.

Peter Turchin’s book “End Times” outlined the phenomena and it’s fascinating to watch it happening in real time.

What else does it say?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.

Gotta keep up appearances.

If you think that is what this is about you are pretty far off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Their efforts and activity which you deem insane is the very reason they are 1% and you are not OP. They focus on and do things that you do not.

And I find that completely morally bankrupt.

Elaborate please

[Anonymous]

Anonymous wrote:Their efforts and activity which you deem insane is the very reason they are 1% and you are not OP. They focus on and do things that you do not.

Class consciousness is coming for them. Well, I guess I should say us.

[Anonymous]

Anonymous wrote:We’re in a stage of “elite overproduction”. There are only so many seats in the very top schools, and more children of the elite seeking to fill them. It’s a game of musical chairs with too many players. Hence the panic.

Peter Turchin’s book “End Times” outlined the phenomena and it’s fascinating to watch it happening in real time.

Yay! A new book to read over the holidays. On sale for Kindle!

At Christmas us state flagshippers can sit with our Ivy parents and discuss elite overproduction at the holiday feasts.