Study of elite college Admissions

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why state flagships are seeing more and more high stats students.

100%

I have an uw 4.0/4.4gpa (tough private school) and 36 ACT, 5s all APs and is going in-state next year. We make a good income--would be rich outside of DMV. But--$85-90k/year for more than one kid is crazy when the in-state option is ranked 24 in the Nation.

UVA talks of privatization all the time since they get almost zero funding from the state. If that happens, they are going to shoot up even higher than 24.

How? The State owns their land and facilities and their endowment.

This is old, but interesting:

https://www.c-ville.com/uva-eyes-privatization-as-public-funds-diminish/

This has more info:

https://www.mindingthecampus.org/2013/09/12/is_the_university_of_virginia_/

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's already a barbell at the top privates. The kids either have gobs of money (think travel via chartered private jets).... or they are on scholarship. There's no one at these schools with two middle manager parents.

Agree.

The middle is the majority, how come top colleges/privates are not thinking what they are creating? Why high stat kids from MC family gets overlooked for rich or low income families? In other words, kids from MC are being discriminated by top colleges due to not their performance but due to family income.

[Anonymous]

Plenty of rich kids have stats through the roof, along with EC talents that will benefit their schools. Rich does not equal not extremely bright.

[Anonymous]

This explains why Georgetown and Vandy seem to be the schools of choice of NYC socialite kids and celebrities. The children of La Paltrow, Lara Spence, George Stephanopolus and more all go to Vandy.

[Anonymous]

I'm a Georgetown alum. No, it's not surprising.

[Anonymous]

Anonymous wrote:I think this shows schools that care more about wealth than diversity, and where is might be an advantage to be full pay.

Full pay isn't an advantage. They get 20 times more full pay than they can admit. Even UMC with two professional parents are full pay. This is about wealthy who can be potential donors.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is why state flagships are seeing more and more high stats students.

+100

Yale is 95-100K/year all in now.

They show that donut hole families have the lowest acceptance rate at these schools.

They want richy-rich or poor. The first will yield and pay, the second will go for free or get a large chunk of need-based aid.

The donut hole have to really think if they can get by and figure out loans/financing on their own. More yield risk.

This^. Donut hole are yield risk because they shop around for best deal. Wealthy and full aid tend to be sure shots.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why state flagships are seeing more and more high stats students.

+100

Yale is 95-100K/year all in now.

They show that donut hole families have the lowest acceptance rate at these schools.

They want richy-rich or poor. The first will yield and pay, the second will go for free or get a large chunk of need-based aid.

The donut hole have to really think if they can get by and figure out loans/financing on their own. More yield risk.

This^. Donut hole are yield risk because they shop around for best deal. Wealthy and full aid tend to be sure shots.

Great point and pretty accurate from my perspective (full pay family here with potential to be 7 figure donor at any school…)

[Anonymous]

We are donut hole, although we didn't push kids to free ride schools, we also couldn't be full pay so we went with highest ranking option with highest merit scholarship offer, bringing cost of attendance from $85K to $55K and making it affordable. Even that took liquidating assets, borrowing from 401k and going absolute frugal but at least it was within our reach.

[Anonymous]

Anonymous wrote:I'm a Georgetown alum. No, it's not surprising.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's already a barbell at the top privates. The kids either have gobs of money (think travel via chartered private jets).... or they are on scholarship. There's no one at these schools with two middle manager parents.

Agree.

The middle is the majority, how come top colleges/privates are not thinking what they are creating? Why high stat kids from MC family gets overlooked for rich or low income families? In other words, kids from MC are being discriminated by top colleges due to not their performance but due to family income.

Because it's a business. And their business priorities are
1) Grow the endowment (richy rich people)
2) Create mobility for the underprivileged (take care of the poor)
Middle-class families are not their priority bc middle-class families can access a college education. It may not be Yale but they can go to Uconn for example.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's already a barbell at the top privates. The kids either have gobs of money (think travel via chartered private jets).... or they are on scholarship. There's no one at these schools with two middle manager parents.

Agree.

The middle is the majority, how come top colleges/privates are not thinking what they are creating? Why high stat kids from MC family gets overlooked for rich or low income families? In other words, kids from MC are being discriminated by top colleges due to not their performance but due to family income.

Absolutely!

[Anonymous]

Anonymous wrote:Plenty of rich kids have stats through the roof, along with EC talents that will benefit their schools. Rich does not equal not extremely bright.

I think there are many who are offended, years later, that they and/or their DC did not get admitted to certain schools (that they rightfully equate with elite). Hence posts such as this thread. I am surrounded by rich kids, and it is the same as anywhere - some are truly bright, and some are not so much. Same as middle class. So what is the point of these threads?

"I am so glad my DC was not accepted to (elite school here). Turns out, not all rich people are smart". I mean, really? Not all middle class people are smart, either. So?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's already a barbell at the top privates. The kids either have gobs of money (think travel via chartered private jets).... or they are on scholarship. There's no one at these schools with two middle manager parents.

Agree.

The middle is the majority, how come top colleges/privates are not thinking what they are creating? Why high stat kids from MC family gets overlooked for rich or low income families? In other words, kids from MC are being discriminated by top colleges due to not their performance but due to family income.

Because it's a business. And their business priorities are
1) Grow the endowment (richy rich people)
2) Create mobility for the underprivileged (take care of the poor)
Middle-class families are not their priority bc middle-class families can access a college education. It may not be Yale but they can go to Uconn for example.

Right, if parents are already millionaires from breaking into the professional class, who know how to educate their children, they don’t need to break in again.

[Anonymous]

Tuition is far too low. Elite colleges should use their position of power to act as private taxing authorities, charging 5-10% of family wealth (total for whole degree) for all students.