
It is rich, or at least has a relatively high share of students from the top 1% compared to schools like UVA. |
But it has a higher percentage that are Pell eligible at the other end. |
Like Princeton? Sure. It is still the case that a higher percentage of students at Richmond are from the top 1%; that they enroll many students from the top 1%. |
They are both true. |
This is why I don’t like these mid tier $400k schools. You get the donut hole effect. Most kids super wealthy. Rest are really poor. Missing are the middle class and upper middle class kids whose parents work real non investment banking jobs. |
New York Times did an article on this. At a school like Richmond it’s all top 1% or lower class. You are far more likely to go there if you are poor than if you are upper middle class or even wealthy but not uber rich. |
It’s a risky plan to encourage a middle class kid to cozy up to rich kids for four years in hopes it might get them a job. Some of those rich kids will take the trustafarian route and bum around for a few years after graduation. Many of them will take low paying passion jobs funded by their parents. |
It is a good school, but even good schools are under more pressure these days if they are expensive. From 2015 to Fall 2024, UR enrollment declined by 11%. Over the same period, VT, W&M, and UVA have increased by 19%, 16%, and 11% respectively. W&L has increased by 3%. |
Yeah. Really hard to see how Richmond could possibly make sense at full price. Value just not there. |
Sure, but the pre-professional "rich kid" schools attract a lot of on-campus recruiting and willing internship sponsors. They also provide a lot of career services support. Those are the most immediate "networking" benefits when it comes to getting a first job out of school. It's not about "cozying up" to rich kids or their parents. It's about the loyal school alumni out in the world, the pipeline companies and organizations that tend to hire from the school, and the career services department that will actively help non-wealthy students access those opportunities. So-called "rich kid schools" have A LOT to offer, especially if you can afford them via scholarships and merit aid. |
I think your last sentence is the key point. Some people just want to write off schools like this, but they can offer very attractive aid packages for a range of people, so they should not be discounted. |
Perhaps. I would think employers would prefer hard working middle and upper middle class kids at state flagships, but to each their own. |
To make real money you have to go to business/law/med school. That is where I think Richmond falls a bit short of its peer schools. They are not a heavy hitter when it comes to grad school placement. Think Richmond Law and not UVA. |
Nice school but better options. |
Agree. Just didn’t feel time like a super serious academic school. Kids at W&M seemed for more serious about their studies. But perhaps I misread the vibe. |