Why would you pay full freight to send your kid to Middlebury?

[Anonymous]

Anonymous wrote:Let's assume your combined income is $300K and you don't qualify for much aid, if any.

Why would you send your child to a preppy, white SLAC near the Canadian border?

23% of students come from families in the top 1%. Meanwhile, the median income for alumni at age 34 is a paltry $62K. How much value are you getting out of that $55K/year tuition? Obviously they are known for teaching and language programs, but does the tuition, isolation and limited career earnings potential justify the exorbitant cost?

Made the laugh a little - thinking about then you also having to pay to help support your child as a struggling novelist for the rest of their lives, as half of the Middlebury grads I know are - but the other half are well educated mostly conventionally successful things like doctors or computer scientists...

[Anonymous]

Anonymous wrote:Is Middlebury worth it?

Define "worth it."

[Anonymous]

Worth the price. Full pay.

[Anonymous]

Anonymous wrote:Is Middlebury worth it?

might as well give the kid money to buy a house and let them brag about owning real estate before 20 and let the value appreciate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is Middlebury worth it?

might as well give the kid money to buy a house and let them brag about owning real estate before 20 and let the value appreciate.

How much house should I buy for them?

[Anonymous]

I graduated college in 2008 and had 3 friends who graduated from Middlebury. 2 made 100K right out of college, one went a different route but worked at an amazing non profit that made a huge difference in the area they were. No kids had connections.

Now at 33, they are all wildly successful.

So it wasnt a waste of money for their parents.

[Anonymous]

OP. I have a DC at another highly selective Nescac and a DC at an Ivy and the quality of education at the Nescac is far superior......worth every penny to me and we’re paying full freight.

[Anonymous]

That median income number for alumni number is not true. Some weird poster just keeps repeating it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Too crazy liberal. https://www.politico.com/magazine/story/2017/05/28/how-donald-trump-caused-the-middlebury-melee-215195

An alt-right mid grad was a top social media influencer for Trump. More look too crazy period. https://www.huffpost.com/entry/trump-white-nationalist-troll-ricky-vaughn_n_5ac53167e4b09ef3b2432627

Um, that's not a positive for Middlebury!

[Anonymous]

Anonymous wrote:That median income number for alumni number is not true. Some weird poster just keeps repeating it.

You're right- it's $58K 10 years out.

https://collegescorecard.ed.gov/school/?230959-Middlebury-College

[Anonymous]

Anonymous wrote:I graduated college in 2008 and had 3 friends who graduated from Middlebury. 2 made 100K right out of college, one went a different route but worked at an amazing non profit that made a huge difference in the area they were. No kids had connections.

Now at 33, they are all wildly successful.

So it wasnt a waste of money for their parents.

They are called outliers.

Every good college will have the top % who will do extremely well in life. There's, what, 700 in a typical graduating class at Middlebury. These accomplished graduates at such a young age probably represents the top 10%, if not the top 5% of that class. I can easily believe it. But it's also greatly misleading to think the rest of the 90-95% are walking into 100k jobs upon graduation.

The real argument is whether they would have achieved the same success had they gone elsewhere, particularly their flagship state. I am inclined to think the answer is yes. Some kids are made for success regardless of where they went to college. It shows and comes through early on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That median income number for alumni number is not true. Some weird poster just keeps repeating it.

You're right- it's $58K 10 years out.

https://collegescorecard.ed.gov/school/?230959-Middlebury-College

Again, that's not what is says. You can't read.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That median income number for alumni number is not true. Some weird poster just keeps repeating it.

You're right- it's $58K 10 years out.

https://collegescorecard.ed.gov/school/?230959-Middlebury-College

Again, that's not what is says. You can't read.

NP the number quoted above only relates to students who receive financial aid when attending Middlebury... stated another way the number excludes UMC and UC graduates of Middlebury which, according to this site, is a substantial portions of attendees. Frankly, the median earnings of those receiving financial aid is lower for almost every school than the median earnings of all graduates.

[Anonymous]

Ten years out is also a weird time to look since:
LAC's tend to have a higher percentage of women students.
This is prime child-bearing age for these women.
I believe there were a couple of years in my mid-30's where I literally made zero dollars a year because I was home with toddlers. I do JUST FINE now.
But taking only a snapshot at age 31 isn't actually going to give an accurate picture of lifetime earnings due to the childbearing issue. It would skew your averages for those years and not be representative of the whole lifespan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That median income number for alumni number is not true. Some weird poster just keeps repeating it.

You're right- it's $58K 10 years out.

https://collegescorecard.ed.gov/school/?230959-Middlebury-College

Again, that's not what is says. You can't read.

NP the number quoted above only relates to students who receive financial aid when attending Middlebury... stated another way the number excludes UMC and UC graduates of Middlebury which, according to this site, is a substantial portions of attendees. Frankly, the median earnings of those receiving financial aid is lower for almost every school than the median earnings of all graduates.

I just looked at the site and actually there are about 10 colleges in the US where the 10 year compensation is over 80k for kids recieveing financial aid. Even if you take that number down to 70k earnings for students recieveing financial aid the site only populates about three pages of colleges or less then 100 colleges. Does that mean that kids on finacial aid do not make money???