As tuition continues to climb in price = easier to get into?

[Anonymous]

I wonder about the quality as better students go to lower ranked schools where they receive merit. I definitely think in-state schools are now attended by students who might have attended a higher ranked private school in the past, which is part of the increased competition for those spots.

[Anonymous]

With all the money that has been printed.. and continues to print. Yes, they will fight deflation because otherwise what was the point of the past 8 years. The money all goes to a black hole which gets bigger and bigger until all debt is forgiven. Has any college ever cut their tuition? Status quo or rise.

Anonymous wrote:

Anonymous wrote:$100k will be the new $50k as Yellen tries to inflate inflation.. money is never what it was in the past

So you think inflation will happen as opposed to deflation?

[Anonymous]

There is a lot of aid out there for middle to upper middle class students. So much so that for the vast majority of this country, Ivy league schools and most in the top 25 are quite inexpensive due to their financial aid.

I do think the $$$$ schools that cannot afford to give generous financial aid will suffer, but that does not describe most of the top universities.

[Anonymous]

Anonymous wrote:Little to no effect. First, student loans are easy to get and "cheap" money (interest rate-wise). Second, at most costly universities, 50-75% of American students receive some form of financial aid. So, the percentage of American students actually paying the full price is rather low, and they can probably afford it. At most universities, admissions is need-blind.

(Non-Americans are not eligible for financial aid.)

Relatively few universities are need-blind. Many are need-aware.

[Anonymous]

I would put Fordham in the category of schools that are so expensive that no one applies and then they have to take anyone that can afford to pay the tuition. Probably urban schools like UCLA, NYU. GW.

[Anonymous]

Anonymous wrote:I would put Fordham in the category of schools that are so expensive that no one applies and then they have to take anyone that can afford to pay the tuition. Probably urban schools like UCLA, NYU. GW.

UCLA is a state university with relatively low instate tuition and the highest number of applicants in the country (112,000 in 2015).

[Anonymous]

Yeah, but isn't out of state like 60,000 a year? Who can afford that except wealthy internationals and people with more money than sense?

[Anonymous]

Never mind. I"m thinking of USC. My bad.

[Anonymous]

Anonymous wrote:I would put Fordham in the category of schools that are so expensive that no one applies and then they have to take anyone that can afford to pay the tuition. Probably urban schools like UCLA, NYU. GW.

# of applicants in 2015

NYU - 60,000
GWU - 25,000
Fordham - 41,000

According to their website, the number of NYU applications received was not only the largest ever, but also the largest increase year-to-year since 1999.

maybe you and I have different definitions of "no one applies"?

[Anonymous]

Anonymous wrote:There is a lot of aid out there for middle to upper middle class students. So much so that for the vast majority of this country, Ivy league schools and most in the top 25 are quite inexpensive due to their financial aid.

I do think the $$$$ schools that cannot afford to give generous financial aid will suffer, but that does not describe most of the top universities.

Actually, for families with HHIs >$200k, there is little or no aid at top tier schools.

That is why so many of us are turning to state schools and private schools that award merit aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There is a lot of aid out there for middle to upper middle class students. So much so that for the vast majority of this country, Ivy league schools and most in the top 25 are quite inexpensive due to their financial aid.

I do think the $$$$ schools that cannot afford to give generous financial aid will suffer, but that does not describe most of the top universities.

Actually, for families with HHIs >$200k, there is little or no aid at top tier schools.

That is why so many of us are turning to state schools and private schools that award merit aid.

Yes, it is true that families making a lot of money will not receive aid from top tier schools. But statistically speaking, the vast majority of families are not making $200K or more. $200K puts you at the 95th percentile country-wide. Even in a high COL area like DC, you're still in the top 12%.

So yes, the point remains that for most families in this country, the Ivy League/t25 schools are quite reasonable.

[Anonymous]

Anonymous wrote:The thread on the easiest prestigious schools to get into made me think about this, especially for American students. The most expensive private schools are now around $ 60-65k all in. Let's assume this trend continues over the next 15 years with schools topping out around $85-90k a year, maybe even closer to $100k, how many Americans will be able to afford that? Do you think schools will have fewer students competing for admittance simply because they can't afford to pay even 50%?

I know rich international students will always be in the background. But American schools can't afford to fill ~ 50% or more of their freshman classes with foreigners just in terms of the optics. Simply put, it'll look bad.

Just curious if you think elite private education will go back to being a luxury for the wealthy in the way it was before WWII.

An elite education is already a luxury for the wealthy, but it's also available to the poor and talented, who qualify for FA.

Before WWII, smart kids who were poor got scholarships. That's how my grandfather ended up at Yale. Middle class kids went to public schools or didn't go to college.

An elite education is not available today to middle class kids.

[Anonymous]

Anonymous wrote:As a parent who pays $60,000 a year I can assure you it will make no difference. There are many many people lined up for every spot.

You've proved OP's point. Yes, an elite education is available to those who can afford to pay $60K per year, but you and others like you are the rich, ie the top 3%.

There are many people lined up to go to HYP, etc., and that won't change, but the people who are willing to and able to pay the price tag for HYP, etc. will have to be wealthier and wealthier. The middle class will be shut out, as they were before WWII.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The thread on the easiest prestigious schools to get into made me think about this, especially for American students. The most expensive private schools are now around $ 60-65k all in. Let's assume this trend continues over the next 15 years with schools topping out around $85-90k a year, maybe even closer to $100k, how many Americans will be able to afford that? Do you think schools will have fewer students competing for admittance simply because they can't afford to pay even 50%?

I know rich international students will always be in the background. But American schools can't afford to fill ~ 50% or more of their freshman classes with foreigners just in terms of the optics. Simply put, it'll look bad.

Just curious if you think elite private education will go back to being a luxury for the wealthy in the way it was before WWII.

An elite education is already a luxury for the wealthy, but it's also available to the poor and talented, who qualify for FA.

Before WWII, smart kids who were poor got scholarships. That's how my grandfather ended up at Yale. Middle class kids went to public schools or didn't go to college.

An elite education is not available today to middle class kids.

Not true whatsoever. Elite institutions are extremely affordable for the middle class. We make $150K (which is hardly even middle class) and my child goes to an elite school for LESS than what we would have paid at UMD.

It is time to do some research and see what aid is really out there before you go spouting lies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The thread on the easiest prestigious schools to get into made me think about this, especially for American students. The most expensive private schools are now around $ 60-65k all in. Let's assume this trend continues over the next 15 years with schools topping out around $85-90k a year, maybe even closer to $100k, how many Americans will be able to afford that? Do you think schools will have fewer students competing for admittance simply because they can't afford to pay even 50%?

I know rich international students will always be in the background. But American schools can't afford to fill ~ 50% or more of their freshman classes with foreigners just in terms of the optics. Simply put, it'll look bad.

Just curious if you think elite private education will go back to being a luxury for the wealthy in the way it was before WWII.

An elite education is already a luxury for the wealthy, but it's also available to the poor and talented, who qualify for FA.

Before WWII, smart kids who were poor got scholarships. That's how my grandfather ended up at Yale. Middle class kids went to public schools or didn't go to college.

An elite education is not available today to middle class kids.

Not true whatsoever. Elite institutions are extremely affordable for the middle class. We make $150K (which is hardly even middle class) and my child goes to an elite school for LESS than what we would have paid at UMD.

It is time to do some research and see what aid is really out there before you go spouting lies.

This is true. From Harvard's website:

20% of our parents have total incomes less than $65,000 and are not expected to contribute.
Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances. Families at all income levels who have significant assets will continue to pay more than those in less fortunate circumstances.
Home equity and retirement assets are not considered in our assessment of financial need.

Although this won't apply to you if you're one of those loons who thinks making $250K is middle class.