What percentage do you pay?

[Anonymous]

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

Nope. No charity at all. About a third of families receive aid (public information) and most families are not poor. They live in wealthy neighborhoods in dc, Md, or VA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

Nope. No charity at all. About a third of families receive aid (public information) and most families are not poor. They live in wealthy neighborhoods in dc, Md, or VA.

A school with a 10% admission rate has no need to give discounts. Now if it is closer to 50% then it begins to become a consideration.

Financial aid is charity. A lot of these families are terrible with their finances despite living in wealthy neighborhoods.


There is also a large portion of families that abuse the system by taking on low effort, low pay jobs or having a stay at home parent that allows them to qualify for aid. They also can be quite skilled at hiding income and assets. These people are taking advantage of the system.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

[Anonymous]

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

I can guarantee that my kid's financial aid at a Big 3 is not designed to maximize revenue. They could easily have put a full pay kid in that spot.

Given that, I have to assume that they felt that the school would benefit from having there for other reasons. Maybe it's because he's both an excellent student and an excellent athlete. Maybe they wanted to increase the socio-economic diversity in the class, so that the rich kids who think they're middle class, can learn what actual middle class life is like.

Or maybe they actually want to live the values they preach, and felt that my kid who needed financial aid because he lost a parent (and that parent's income), deserved the chance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

Let’s not forget that some of the most talented kids in a school are on financial aid. And some of the least talented kids are from full pay families.

[Anonymous]

Anonymous wrote:I pay about 1/3 of the listed tuition thanks to very generous financial aid. I work for a nonprofit and my spouse died in 2021, so single income family. But the school feels my child adds something to their community and has worked to make tuition, although still a good chunk of my income, affordable as a result.

This sentiment has always bothered me. Your child “adds something”? So, it’s not enough the school would be good for your child, your child has to justify their presence by being “good for other kids to be around”? I read a private school website once that said “we think our students benefit from being around kids from other backgrounds, so we provide financial support to their families”. It’s gross.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

Let’s not forget that some of the most talented kids in a school are on financial aid. And some of the least talented kids are from full pay families.

Sure, and the opposite is always true. Some of the least talented kids are on financial aid. All kids are held to the same admissions standards however the admissions team can’t always get it right since they are trying to predict future performance. Mistakes happen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

It is all relative. The family driving new Mercedes might look down on your aging Toyota. Whatever you want to call poor, there are people on the low end on the wealth range. The school is fundraising for these people to have financial aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

Let’s not forget that some of the most talented kids in a school are on financial aid. And some of the least talented kids are from full pay families.

Sure, and the opposite is always true. Some of the least talented kids are on financial aid. All kids are held to the same admissions standards however the admissions team can’t always get it right since they are trying to predict future performance. Mistakes happen.

The bolded is not true. Only a few schools in the area are need blind and meet full need. At other schools, financial aid is limited, and only the strongest candidates receive aid. Others are either not admitted or are admitted without aid so they don't actually come.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

Let’s not forget that some of the most talented kids in a school are on financial aid. And some of the least talented kids are from full pay families.

Sure, and the opposite is always true. Some of the least talented kids are on financial aid. All kids are held to the same admissions standards however the admissions team can’t always get it right since they are trying to predict future performance. Mistakes happen.

The bolded is not true. Only a few schools in the area are need blind and meet full need. At other schools, financial aid is limited, and only the strongest candidates receive aid. Others are either not admitted or are admitted without aid so they don't actually come.

That is a misunderstanding.


The need aware process only offers admission if the school can meet the expected financial need of the family if they also applied for financial aid. However the standard for admission is the same whether they apply for financial aid or not. I hope that helps clear things up for you.

[Anonymous]

Financial aid in private schools is a scam. It wouldn’t hold any cost-benefit analysis for full paying families.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What in fact the school calls financial aid is not really financial aid, it’s called Third-degree price discrimination. That is when a firm charges different prices to different groups of customers for the same or similar product, based on observable characteristics.

This is a strategy designed to maximize revenue since you are charging each customer according to their willingness to pay. The poorer families pay less, the richer families pay more through donations. Nothing well intentioned or good is attached to “financial aid”.

Nope. Wrong. They have more than enough full pay families due to very low admissions rates. This keeps getting debunked over and over again. Unless it is a failing school that can’t fill their seats, this doesn’t apply.

Im the DMV, financial aid is actually a form of charity to help the less fortunate get through hardship.

It’s “actually” not but I know this is your priority focus in life so there is no point in trying to convince you otherwise.

The schools actively fundraiser to fund financial aid. It is supported by philanthropy and aims to help the less fortunate. How is this not charity?

Philanthropy is for poor people. There are no poor families in our private school.

You’re hilarious if you’re dumb enough to think charity and philanthropy are for people. Your donation to the Dartmouth sailing team, which supports exactly zero poor people, is charitable. Shit, your donation to Dartmouth, which is a glorified fratty country club, is also to benefit rich people. It’s still charity.

[Anonymous]

Anonymous wrote:Financial aid in private schools is a scam. It wouldn’t hold any cost-benefit analysis for full paying families.

Then the full-pay families should withdraw.