What percentage do you pay?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last few comments are a good indicator that the financial aid ranter that derails all of these threads is a jealous person, not a wealthy person concerned about where their money is going.

It is not one person. It is lots.

Of course. I'd rather prefer the money of financial aid being spent in raising teacher's salaries. That would money better spent.

+100

You’re not fooling anyone by repeatedly “+100”ing yourself.

You need to take a break and stop letting your imagination run wild.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jeff, can you tell if the complaints about financial aid are coming from the same handful of posters?

Considering they all have the same terse style and tone, i'd be surprised if it was even a handful

Think about. Which situation are you going to be more comfortable with: when your taxes help poor people, or when your taxes help affluent people that are homeowners with enough income to regularly go on vacation? Well, it shouldn’t be that different with financial aid.

Oooh boy tell me you’ve never heard of the tax code without telling me.

So rich people get tax breaks, then its fine that rich families get financial aid. That makes sense.

You’re the one who analogized to taxes.

Sure. Which makes sense. Given the money is limited it better to prioritize for people in need. If you are a homeowner in NW DC have 2 cars and go on vacation yearly. You don't need financial aid. You might not be able to pay Sidwell or GDS, but you can pay a cheaper private school.

Who said the schools aren’t prioritizing families “in need”? Where is your data? And why do you get to be the arbiter of need instead of the school, which actually analyzes need after collecting financial information?

You simply think you should be the one to decide how schools manage their own money. That’s a very entitled belief.

School publish statistics on this. How many families are really poor? How many live in poor neighborhoods? Could families that go to expensive schools do not have any other options or could they go to a cheaper school paying full tuition?

There is an answer to all this questions, but you might not like the answer.

K-12 schools don’t typically publish data like this. If they did, I’m sure you’d be citing them as proof that aid is going to those other than the desperately poor (though I’m sure you’d complain about them getting aid too because you simply detest all financial aid).

The schools don’t require aided families to be desperately poor or have literally zero other school options.

Do you rail similarly against college financial aid?

College aid is much better, because is truly for merit and financial aid. Don’t expect the same generosity you see in private school in college if you are upper middle class. If you cannot pay full tuition take a loan. Like millions of college students.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jeff, can you tell if the complaints about financial aid are coming from the same handful of posters?

Considering they all have the same terse style and tone, i'd be surprised if it was even a handful

Think about. Which situation are you going to be more comfortable with: when your taxes help poor people, or when your taxes help affluent people that are homeowners with enough income to regularly go on vacation? Well, it shouldn’t be that different with financial aid.

Oooh boy tell me you’ve never heard of the tax code without telling me.

So rich people get tax breaks, then its fine that rich families get financial aid. That makes sense.

You’re the one who analogized to taxes.

Sure. Which makes sense. Given the money is limited it better to prioritize for people in need. If you are a homeowner in NW DC have 2 cars and go on vacation yearly. You don't need financial aid. You might not be able to pay Sidwell or GDS, but you can pay a cheaper private school.

Who said the schools aren’t prioritizing families “in need”? Where is your data? And why do you get to be the arbiter of need instead of the school, which actually analyzes need after collecting financial information?

You simply think you should be the one to decide how schools manage their own money. That’s a very entitled belief.

School publish statistics on this. How many families are really poor? How many live in poor neighborhoods? Could families that go to expensive schools do not have any other options or could they go to a cheaper school paying full tuition?

There is an answer to all this questions, but you might not like the answer.

K-12 schools don’t typically publish data like this. If they did, I’m sure you’d be citing them as proof that aid is going to those other than the desperately poor (though I’m sure you’d complain about them getting aid too because you simply detest all financial aid).

The schools don’t require aided families to be desperately poor or have literally zero other school options.

Do you rail similarly against college financial aid?

College aid is much better, because is truly for merit and financial aid. Don’t expect the same generosity you see in private school in college if you are upper middle class. If you cannot pay full tuition take a loan. Like millions of college students.

Federal student loans are capped at $31,000 for undergrad. Parent loans are capped at $65,000. That doesn’t even come close to paying the in-state price at UVA.

And you’re hilarious if you think the much more generous and prevalent aid in elite higher ed is more equitable than for K-12. At most elite schools, at least half the class is getting need-based aid. Families with incomes under 250k typically get half off. And families with much higher incomes can get smaller discounts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jeff, can you tell if the complaints about financial aid are coming from the same handful of posters?

Considering they all have the same terse style and tone, i'd be surprised if it was even a handful

Think about. Which situation are you going to be more comfortable with: when your taxes help poor people, or when your taxes help affluent people that are homeowners with enough income to regularly go on vacation? Well, it shouldn’t be that different with financial aid.

Oooh boy tell me you’ve never heard of the tax code without telling me.

So rich people get tax breaks, then its fine that rich families get financial aid. That makes sense.

You’re the one who analogized to taxes.

Sure. Which makes sense. Given the money is limited it better to prioritize for people in need. If you are a homeowner in NW DC have 2 cars and go on vacation yearly. You don't need financial aid. You might not be able to pay Sidwell or GDS, but you can pay a cheaper private school.

Who said the schools aren’t prioritizing families “in need”? Where is your data? And why do you get to be the arbiter of need instead of the school, which actually analyzes need after collecting financial information?

You simply think you should be the one to decide how schools manage their own money. That’s a very entitled belief.

School publish statistics on this. How many families are really poor? How many live in poor neighborhoods? Could families that go to expensive schools do not have any other options or could they go to a cheaper school paying full tuition?

There is an answer to all this questions, but you might not like the answer.

K-12 schools don’t typically publish data like this. If they did, I’m sure you’d be citing them as proof that aid is going to those other than the desperately poor (though I’m sure you’d complain about them getting aid too because you simply detest all financial aid).

The schools don’t require aided families to be desperately poor or have literally zero other school options.

Do you rail similarly against college financial aid?

College aid is much better, because is truly for merit and financial aid. Don’t expect the same generosity you see in private school in college if you are upper middle class. If you cannot pay full tuition take a loan. Like millions of college students.

You should research Pellionaires.

[Anonymous]

College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

[Anonymous]

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

[Anonymous]

You didnt get aid and youre throwing a tantrum. Posters gave you options. Don't send your kid there or apply to schools with bigger endowments https://exeter.edu/admissions/financial-aid/ or there's public school

[Anonymous]

Anonymous wrote:

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

Not to mention that the total cost to educate each Brown undergrad is over $130,000 per year because everyone gets an endowment subsidy.

[Anonymous]

Anonymous wrote:You didnt get aid and youre throwing a tantrum. Posters gave you options. Don't send your kid there or apply to schools with bigger endowments https://exeter.edu/admissions/financial-aid/ or there's public school

Deerfield offers better aid than DMV privates (you don’t pay more than 10% of your HHI), and you can even save money on your kid’s living expenses.

[Anonymous]

Anonymous wrote:

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

Funding from faculty research grants, tuition for pricy graduate programs, and federal grants keep things running. Undergraduate tuition is not funding financial aid. It is just a money grab and completely detached from what it costs to educate someone. It is arbitrary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

Funding from faculty research grants, tuition for pricy graduate programs, and federal grants keep things running. Undergraduate tuition is not funding financial aid. It is just a money grab and completely detached from what it costs to educate someone. It is arbitrary.

How do elite liberal arts schools with no graduate programs and tiny inflow from federal research grants pay for more than half their students to be on need-based aid? Look at Amherst, Williams, Swarthmore, and Pomona.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

Funding from faculty research grants, tuition for pricy graduate programs, and federal grants keep things running. Undergraduate tuition is not funding financial aid. It is just a money grab and completely detached from what it costs to educate someone. It is arbitrary.

How do elite liberal arts schools with no graduate programs and tiny inflow from federal research grants pay for more than half their students to be on need-based aid? Look at Amherst, Williams, Swarthmore, and Pomona.

Respectfully, nobody cares about those schools. SLACs are irrelevant.

[Anonymous]

People have many options before get financial aid in expensive private schools. Use those options. We don’t need those families in our schools. Lazy people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:College financial aid is totally different. College students are typically legal adults capable of receiving educational loans. The universities are large, complex institutions with typically large funding sources beyond tuition that have large endowments.

Local K-12 schools have limited resources and funding sources with small endowments. The money for financial aid really is coming from the full pay families who pay significantly more in tuition to cover financial aid in the annual budget. It is expected that parents should be able to cover full pay tuition and the majority do.

You think that the full-pay families paying over $100,000 per kid per year aren’t subsidizing the financial aid kids? While top schools do typically have decent endowments, the endowment returns aren’t even close to what’s required to fund aid. Brown, for example, only generates $25,000 in safe withdrawal per student per year on its endowment. Yet the average financial aid grant award is $49,830, with 43% of students getting financial aid.

Funding from faculty research grants, tuition for pricy graduate programs, and federal grants keep things running. Undergraduate tuition is not funding financial aid. It is just a money grab and completely detached from what it costs to educate someone. It is arbitrary.

How do elite liberal arts schools with no graduate programs and tiny inflow from federal research grants pay for more than half their students to be on need-based aid? Look at Amherst, Williams, Swarthmore, and Pomona.

Respectfully, nobody cares about those schools. SLACs are irrelevant.

Hahaha sorry you’ve been presented with evidence that kills your argument. Don’t worry, your kid can’t get into any of the schools we’re discussing anyway, with or without aid.

[Anonymous]

Anonymous wrote:People have many options before get financial aid in expensive private schools. Use those options. We don’t need those families in our schools. Lazy people.

Yes, the children of *checks notes,* teachers, nurses, and police officers are lazy.