This is false; 45% of Stanford students are full pay. |
| We have two, soon to be three, at HYPS schools. We are full pay. So our answer is, yes, we do and will let our children to an HYPS school. |
I could understand this if your DD were going to NYU, but Stanford? There are hundreds of parents who would pay triple freight for that spot. Feel lucky that she got in at all. Who knows how close the decision was. |
| Yes, of course. Mine went to Princeton. Only one in an extended family of 103 people to do so. Represents American Dream for both DH && I who grew up poor. Question seems silly. |
Well the total cost of attendance at Stanford is ~62K. Stanford provides financial aid for all of what they consider demonstrated financial need (at least what the FAFSA says is demonstrated need). To be expected to pay full freight, your household income needs to be ~250K+, which puts you in ~the top 3% of earners in the US. So while that may be a crazy amount of money to pay for college at that income, if not you paying full freight, who would be? Over half of families in the US don't even make 62K a year. |
Percent of students receiving some form of financial assistance 85% Percent of students receiving any form of aid toward cost 67% Percent of students receiving need-based scholarship from Stanford 47% Percent of students receiving Pell Grants 16% |
https://ucomm.stanford.edu/cds/pdf/stanford_cds_2016.pdf 6870 students total 3324 awarded need based aid 463 awarded non-need based aid 55% at most receive aid from Stanford (depending on if any non-need received need-based aid) 45% at the least do not receive aid from Stanford |
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Okay, I found your source:
"Total students receiving some form of financial assistance from a variety of internal and external sources, including need-based scholarships, athletic scholarships, outside awards, loans, jobs, research grants and assistance for other expenses" That number includes outside scholarships and on-campus jobs, so of course it's upwards of 87% "Total number of students receiving financial aid toward cost of attendance from a variety of internal and external sources" This is the 67% source; it includes external sources such as outside scholarship. By its own policies, Stanford is not giving aid towards its cost to 45%+ of its students. That's pretty similar to what it's like at HYPS, other Ivies, and the top LACs. |
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HYPS (or MIT) would not be a good fit for my DS. Even if they let him in. He need a small social school without a lot of academic peer pressure. As his parents we don't think we would want him to even apply, but will let him decide. Hopefully by spring he will come to the same conclusion we already have either way.
With her personality, DD on the other hand would excel at HYP.. not excited about Stanford though. because we want her on east coast. With savings. 750k HHI, and investments, We would we full pay with no issues. Also both kids are on track to have very competitive credentials |
For what it's worth, Stanford is moderate-liberal, but it's no Berkeley. If anything, it's a Silicon Valley nerd-bro-jock vibe. |
It is harder to get in to Stanford than HYP or MIT. |
No, MIT is harder. Its number ONE in the country. |
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This is an odd question. If your child wants to go somewhere (any school, not just HYPS), they get in, and you can afford it, why would you not want them to go? There would have to be something really big that you didn't like about the school, and if that's the case, you should be clear with your child what that is.
The more interesting question is what you would do if your kid got in to HYPS but didn't like the vibe or otherwise thought it wouldn't be a good fit--would you make them go anyway just because of the prestige factor? |
I get it, you're just too stupid to even entertain the thought of being admitted. How many conservatives in Congress have at least one degree from HYPS? How about the Organe Fatty sitting in the WH, where did he go to school? |
| It's such a dumb question OP.. I'm guessing you went to UMBC or CC |