Things rich people dont know

[Anonymous]

Anonymous wrote:

Anonymous wrote:That many public school kids could get into Ivies, but they don’t go because none of the Ivies offers merit aid and only the top 2-3 Ivies offer really generous financial aid to cover the $70k tuition.

This is actually completely untrue. The Ivies have huge endowments and offer incredible merit scholarships. My very poor and very smart sibling went to an Ivy and I had about $10k student debt for all four years. So. No.

It is true.

Ivy League schools give need-based financial aid, including grants, to students who qualify for it. They do not award merit aid to anyone outside of that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am a highschool teacher and this week we had some career volunteers/ life couches come and talk to the kids. One guy made his speech about being a first generation college grad and did a list of "things poor kids dont know but need to." My kids liked it and there has been a lot of chit chat about it this week. I decided to reverse the topic and ask them what they think might be some things rich people dont know and these are some kid bits of that convo...

1.) flatbread is really just pizza. "I was so confused about that word but every time its literally just been pizza."
2.) its awkward/embarrassing when you associate having a license to having a car. "Me turning 16 means nothing, Im poor"
3.) We dont grieve not having a father. We dont know another family structure. "Thats like crying because I dont have a brother, when Ive never had a brother. No one does that."
4.) One kid thought it was odd that the people who have the most clothes usually have washer and dryers at their house so in reality they need the least clothes. "If i didnt need quarters to wash I would only need like 3 shirts"

How time-sucking being poor is. Waiting for the bus. Having to take clothes to the laundromat instead of being able to throw them into a machine downstairs while you do something else. Walking because you don't have the money. Not ever being able to afford the "right" tool, container, anything so every job takes twice as long and is never done quite right. The bureaucracy. I could go on...

Yell it from the rooftops, this is the most overlooked aspect of poverty.

[Anonymous]

^^^
https://www.ivycoach.com/the-ivy-coach-blog/ivy-league/ivy-league-scholarships/

https://www.forbes.com/sites/troyonink/2015/05/31/which-colleges-offer-big-time-academic-merit-aid-money/#

Just because your child is a good student doesn't mean her good grades will translate into academic merit aid at all colleges, especially the elite ones.

The majority of state universities and the most selective colleges like the Ivy League schools and non-Ivy elites like Swarthmore, Williams and Stanford, do not offer academic merit aid where "if you have the grade, you get the aid." It just doesn't work that way at most elite colleges anymore.

[Anonymous]

Anonymous wrote:^^^
https://www.ivycoach.com/the-ivy-coach-blog/ivy-league/ivy-league-scholarships/

https://www.forbes.com/sites/troyonink/2015/05/31/which-colleges-offer-big-time-academic-merit-aid-money/#

Just because your child is a good student doesn't mean her good grades will translate into academic merit aid at all colleges, especially the elite ones.

The majority of state universities and the most selective colleges like the Ivy League schools and non-Ivy elites like Swarthmore, Williams and Stanford, do not offer academic merit aid where "if you have the grade, you get the aid." It just doesn't work that way at most elite colleges anymore.

For anyone who is truly middle class the Ivies WILL be less expensive than state schools. It’s the families making $175+ that don’t get aid. But that’s not middle class and certainly not poor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^^
https://www.ivycoach.com/the-ivy-coach-blog/ivy-league/ivy-league-scholarships/

https://www.forbes.com/sites/troyonink/2015/05/31/which-colleges-offer-big-time-academic-merit-aid-money/#

Just because your child is a good student doesn't mean her good grades will translate into academic merit aid at all colleges, especially the elite ones.

The majority of state universities and the most selective colleges like the Ivy League schools and non-Ivy elites like Swarthmore, Williams and Stanford, do not offer academic merit aid where "if you have the grade, you get the aid." It just doesn't work that way at most elite colleges anymore.

For anyone who is truly middle class the Ivies WILL be less expensive than state schools. It’s the families making $175+ that don’t get aid. But that’s not middle class and certainly not poor.

It's true now but it wasn't true when people who are 30 now were applying.

[Anonymous]

The time suck factor of poverty is the most insulting particularly in this area. It’s the equivalent of someone complaining about how long it takes to board a plane from their first class seat.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^^
https://www.ivycoach.com/the-ivy-coach-blog/ivy-league/ivy-league-scholarships/

https://www.forbes.com/sites/troyonink/2015/05/31/which-colleges-offer-big-time-academic-merit-aid-money/#

Just because your child is a good student doesn't mean her good grades will translate into academic merit aid at all colleges, especially the elite ones.

The majority of state universities and the most selective colleges like the Ivy League schools and non-Ivy elites like Swarthmore, Williams and Stanford, do not offer academic merit aid where "if you have the grade, you get the aid." It just doesn't work that way at most elite colleges anymore.

For anyone who is truly middle class the Ivies WILL be less expensive than state schools. It’s the families making $175+ that don’t get aid. But that’s not middle class and certainly not poor.

The topic is, “things rich people don’t know.”

PP wrote, “That many public school kids could get into Ivies, but they don’t go because none of the Ivies offers merit aid and only the top 2-3 Ivies offer really generous financial aid to cover the $70k tuition.”

Which is correct.

It is also true that rich people don’t know this.

[Anonymous]

Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

[Anonymous]

Anonymous wrote:Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

College applications are still $100 a pop, right? Poor kids can’t afford to apply to places that might take them and might offer aid.

[Anonymous]

Anonymous wrote:Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

Because their parents, pastors, and even guidance counselors tell them so.

[Anonymous]

One thing I learned recently (I’m not rich, but far from poor) is about how expensive diapers can be when you’re poor. WaPo had a good article about it a few years ago. Diapers aren’t covered by WIC or SNAP or any other assistance programs. If you have limited transportation and cash, you can’t buy the big boxes of diapers which are half the price (per diaper) of the small packs. When diapers go on sale, you may have limited availability-do you buy the right size or the one that saves money?

Which reminds me that I need to drop off some extra out-grown diapers to the DC Diaper Bank.

[Anonymous]

Anonymous wrote:Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

Or maybe they don't want to attend an Ivy. It is not the be all and end all to attend an Ivy. Most poor people want the best route to a good job. State schools are better to get students into jobs. With Ivies, you often have to be connected to get a job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That there is ZERO timely or courteous service when applying for food stamps or govt assistance. In most cities it is one of the most difficult and degrading processes one can experience soley to get resources to feed your children.

As it should be. Why have children if you can't feed them?

Are you suggesting they kill their children?

No I am suggesting that they abort the fetus if they know they cannot feed what will become a child.

Who is paying for that abortion? Paying for the day off work? Possible childcare for older children?

Cheaper for the gov't to foot those bills for one day than to continuously sustain a life for 18 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes. Many poor and middle class kids don’t apply to Ivies because they don’t realize what amazing aid those schools have and just assume they can only afford state schools.

College applications are still $100 a pop, right? Poor kids can’t afford to apply to places that might take them and might offer aid.

Colleges waive the app fee for poor people.