full ride at ND vs full pay at Wharton

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't really know what peer group means anymore. You think the Vandy/ND kids are somehow less impressive than Wharton/Duke? I dont know that that is true. (Wharton especially still loves the fake not for profit kids .. that's who they are)

Going forward, peer group at duke will be more and more N and S Carolina kids with families making under 150k.

They did not matriculate more NC/SC students than in the past, they just made a higher % of ED. All it has done is up the % of the class on need based aid, which keeps it in line with changes the top 5 ivies have already made. They have always had financial aid advantages for Carolina residents (such as grants to replace all loans in the 90s): it is slightly easier to get in from Nc/SC, just as it is easier to get in to Princeton from NJ, and Penn from Philly especially.

Year 1. This is building. Will be more kids from the Carolinas going forward

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't really know what peer group means anymore. You think the Vandy/ND kids are somehow less impressive than Wharton/Duke? I dont know that that is true. (Wharton especially still loves the fake not for profit kids .. that's who they are)

Going forward, peer group at duke will be more and more N and S Carolina kids with families making under 150k.

confused on the point of this comment.

[Anonymous]

Assume that peer group can mean a lot of different things. Duke is doubling down on local kids. Which is great but moving towards becoming more a Berkeley than a Yale

[Anonymous]

Anonymous wrote:Assume that peer group can mean a lot of different things. Duke is doubling down on local kids. Which is great but moving towards becoming more a Berkeley than a Yale

That's a good thing.

[Anonymous]

If you have over 3-4mil cash, Wharton.
If not, ND Mendoza.

https://poetsandquants.com/2024/01/22/poetsquants-best-undergraduate-business-schools-of-2024/

ND is #7 in best undergrad business program by P&Q

[Anonymous]

Anonymous wrote:WWYD: heard this several times in last few years, with similar kind of schools. Stamps at ND vs Wharton. Went w Wharton. Another full ride at Vanderbilt vs full pay at Duke. Went Duke. etc.

this from families with more than one kid and total wealth at 3 or 4ish million (let's say). So full pay for each is possible, but not meaningless.

every time the bigger name school was picked over the full ride. and I'm not really buying fit since these could all be fit schools - they're schools they applied to and acknowledge would have been fine. "but she just really wanted Duke" or whatever. I honestly think you all might love your kids more than I do ... because I'd be banking that money for kid down the road.

Vandy vs Duke, too close to pick Duke over Vandy. ND vs Wharton, Wharton absolutely!

[Anonymous]

Anonymous wrote:

Anonymous wrote:WWYD: heard this several times in last few years, with similar kind of schools. Stamps at ND vs Wharton. Went w Wharton. Another full ride at Vanderbilt vs full pay at Duke. Went Duke. etc.

this from families with more than one kid and total wealth at 3 or 4ish million (let's say). So full pay for each is possible, but not meaningless.

every time the bigger name school was picked over the full ride. and I'm not really buying fit since these could all be fit schools - they're schools they applied to and acknowledge would have been fine. "but she just really wanted Duke" or whatever. I honestly think you all might love your kids more than I do ... because I'd be banking that money for kid down the road.

Vandy vs Duke, too close to pick Duke over Vandy. ND vs Wharton, Wharton absolutely!

It is absolutely insane to choose to pay $400,000 for Duke over a free ride at Vanderbilt. Might as well just light your money on fire.

Wharton over Notre Dame is different. Wharton opens doors that no other school does for finance. The cost premium pays for itself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:WWYD: heard this several times in last few years, with similar kind of schools. Stamps at ND vs Wharton. Went w Wharton. Another full ride at Vanderbilt vs full pay at Duke. Went Duke. etc.

this from families with more than one kid and total wealth at 3 or 4ish million (let's say). So full pay for each is possible, but not meaningless.

every time the bigger name school was picked over the full ride. and I'm not really buying fit since these could all be fit schools - they're schools they applied to and acknowledge would have been fine. "but she just really wanted Duke" or whatever. I honestly think you all might love your kids more than I do ... because I'd be banking that money for kid down the road.

Vandy vs Duke, too close to pick Duke over Vandy. ND vs Wharton, Wharton absolutely!

It is absolutely insane to choose to pay $400,000 for Duke over a free ride at Vanderbilt. Might as well just light your money on fire.

Wharton over Notre Dame is different. Wharton opens doors that no other school does for finance. The cost premium pays for itself.

Sorry if I wasn't clear. That's what I said. Agree on Wharton.

[Anonymous]

Well if you are not willing to send your kid somewhere, don’t let them apply (unless the net price calculator days it would yield good aid).

So these parents probably thought it was wrong to pull the rug out from under the kid at that stage of the process .

[Anonymous]

ND is the clear choice. Not enough difference in quality. Invest the cost savings and you will come out ahead in the end. Plus you get the full college experience at ND.

[Anonymous]

I see this a lot at our private and don't really get it. I think people can't turn down some of these schools even if it's the right thing to do.

I spent 27 years in IB. I think the wall street game will be very different for our kids. Some will do well, for sure, but not quite as sure a path.

With real estate prices the way they are, I think the surest way to set up your kid is to get them into a starter apartment or house by the time they're 30. I live in NY and I've seen even pretty well off young couples priced out in the last decade. (Our generation got lucky with housing).

Also the ND network is for real - those kids don't lack job offers and once you're in any job, it's about the kid not the school.

I have more than 4mm net worth and would take the full ride and park the money for a 30-50% down payment in 7-10 years.

[Anonymous]

Anonymous wrote:Well if you are not willing to send your kid somewhere, don’t let them apply (unless the net price calculator days it would yield good aid).

So these parents probably thought it was wrong to pull the rug out from under the kid at that stage of the process .

I think full pay parents are willing to pay. It's just that if you get one of the very few merit full rides, do you turn it down. Duke has a couple of those. I wouldn't turn that down for anything, including Wharton or Harvard.

[Anonymous]

Anonymous wrote:I see this a lot at our private and don't really get it. I think people can't turn down some of these schools even if it's the right thing to do.

I spent 27 years in IB. I think the wall street game will be very different for our kids. Some will do well, for sure, but not quite as sure a path.

With real estate prices the way they are, I think the surest way to set up your kid is to get them into a starter apartment or house by the time they're 30. I live in NY and I've seen even pretty well off young couples priced out in the last decade. (Our generation got lucky with housing).

Also the ND network is for real - those kids don't lack job offers and once you're in any job, it's about the kid not the school.

I have more than 4mm net worth and would take the full ride and park the money for a 30-50% down payment in 7-10 years.

How can you spend 27 years in IB and have just 4M in net worth?

[Anonymous]

More than 4mm means a number larger than 4mm.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I see this a lot at our private and don't really get it. I think people can't turn down some of these schools even if it's the right thing to do.

I spent 27 years in IB. I think the wall street game will be very different for our kids. Some will do well, for sure, but not quite as sure a path.

With real estate prices the way they are, I think the surest way to set up your kid is to get them into a starter apartment or house by the time they're 30. I live in NY and I've seen even pretty well off young couples priced out in the last decade. (Our generation got lucky with housing).

Also the ND network is for real - those kids don't lack job offers and once you're in any job, it's about the kid not the school.

I have more than 4mm net worth and would take the full ride and park the money for a 30-50% down payment in 7-10 years.

How can you spend 27 years in IB and have just 4M in net worth?

Well, you can spend most of your career on compliance/back-of-office roles. Honestly, I don't know any client-facing bankers that spend 27 years in IBanking because you have made so much money along the way, you just decide to do something else...the only ones that stick around that long move into management roles at a bulge bank.