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1. Tax merit aid*
2. Require an insane amount of disclosures from colleges regarding their financial aid packages. Ideally, before applying, every family should be able to know how much exactly it would cost them. These two in combination will eliminate a huge deal of guessing regarding finances and reduce the number of apps that the kids are currently throwing in because if the uncertainty around the cost. *On the merit aid part - this will eliminate the stupid games where the sticker price is $80K all in, but 98% of students receive merit aid. |
| Eliminate the Common App and this problem will be solved |
The fed rules you mentioned are in place because of federal aid. What you are proposing doesn’t directly involve federal funds or Title IV or Title IX. You are proposing that the federal government limit competition or influence the higher education market. How do you legally think this will happen? |
This is a big part of the problem. The priority shouldn't be the "highly ranked and desirable" level of the school . . . Jesus. |
I agree but never going to happen because schools and the vast majority of students/families like it. |
This is stupid and unlikely to even TOUCH the issue mentioned in the OP. |
| OP, you are really concerned about at most 5% of US schools. Why would the public and colleges in general care about low admit schools? Also, the current system works for highly selective schools. |
Merit aid is taxed if it goes beyond the COA. This happens if a student receives multiple merit scholarships and zero need based FA. |
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Eliminate the Common App. Make every student apply to each school individually. Set minimum academic standards like they do in Canada. And make test scores mandatory again. Problem solved,
But it will never happen. School rankings and perceptions of prestige are largely dependent upon a sense of exclusivity. The more that apply, the more that get rejected, the happier the university. It's why every mediocre high school student in the country gets mail from Chicago, Northeastern, Tulane and all the other schools looking to game the system to lower their admission rates. A 3 percent rate is inevitable, probably next year. Even Vanderbilt's regular decision rate is now 4.2 percent. Can only image what it is at Stanford and Harvard. The system has run amuck. As the admission rates get ever lower, the logical thing to do is to apply to ever more schools. Colleges love it but it sucks for everyone else. You can't rationally apply in this environment. Which is why everyone is going ED now but the same dynamic will follow that strategy as well. The system is broken. It's chaos for families, but meanwhile the colleges are very pleased with themselves. |
Yes, and the portion that covers room and board is taxed too, but if the college sets the sticker price at $80K and gives almost everyone $30K "scholarships", there are no negative consequences. |
You don't really believe that's the reason. |
THIS! Most people aren’t applying to the ivies and top schools that are really competitive. The practices shouldn’t be built to make a few feel better. Most people are applying to a handful of normal schools. The systole works for the vast majority. You just can’t see it with blinders on. |
| Anyone who wants to submit a score is still welcome too. The panic over test optional is very telling, as is the mindset that private universities could somehow be forced to consider standardized testing in their admissions criteria |
I'm not OP, but I don't think your 5% is true at all. Many schools that were once "safeties" are now getting difficult to get into. Schools like UMD, JMU, U South Carolina, Auburn are all schools I've seen posted about here, or experienced with my own kids'/their friends. |
What exactly does it "tell?" |