Are top private colleges mainly for poor people now?

[Anonymous]

Anonymous wrote:Top LACs with big endowments have generous aid too though.

I guess low income is the new privileged. If your family makes 80k a year, full ride. If they make 200k, you’re screwed.

80 grand is not poor dummy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A lot of people who claim to be "donut hole" families have lived lives of increasing lifestyle creep as their incomes have climbed up 200k, and then want to complain that they don't get enough need-based aid. Well, did you really need a new car every 5 years? Expensive vacations? To redo the kitchen?

If you want to argue that a family making over 200k is middle class, then live like middle class people -- budget, accept you won't be able to afford everything you want to do, and sock money away for retirement and college.

We make well under 200k and this is what we do, and we have friends making over who go out to eat three nights a week, drive luxury cars, and take multiple vacations overseas every year, have weekly cleaners, etc. Those people are not entitled to need-based aid. It's not my fault, or the college's fault, that they chose to just live nicer, more luxurious, easier lives instead of saving their additional income for their child's education. We've scrimped and saved and still won't have enough. AND work in helping professions. I don't cry myself to sleep over the doctors and consultants and well-paid feds who will be disappointed in their FA award while crying into their Tesla upholstery and trying to console themselves on the flight to Aruba. Boo freaking hoo.

That's fine but look what you've done. You've sacrificed your whole life only to be ripped off by a system where more than half the kids are practically going for free, while maybe a quarter of the parents are rich people for whom $320k is a fraction of an annual bonus. You are kind of the sucker here.

And I’m sure Harvard’s $50+ BILLION endowment appreciates all the sacrifice. We shouldn’t have a system that requires such deprivation when colleges are sitting on tax protected billions. We are the suckers. Chileans took to the streets when universities were too expensive. We shame each other for taking a vacation.

+1 And most of our vacations aren't even that nice. I've never taken our kids to a beach resort or Disneyworld. Most of our vacations are to see family. We drive our cars for like 15 years. We chose to live in a nice neighborhood for the safety and schools, but that's about it. We live in a hcol area because of our jobs, but that's about it.

We don't wear expensive clothes; we shop at Old Navy and Kohls. I have no jewelry except my engagement ring.

We save a lot more for retirement because we don't have family money, and we don't want to burden our children with our retirement. And actually, we help out our families financially.

Colleges that take federal money for research should have their costs regulated.

It's ridiculous for them to expect families making $280K to pay the same as a family making $800K.

I'm the same as you, but I'm not so sure it is ridiculous for them to expect that families making $280k should pay the same as a family making $800k. I think of these $80k per year colleges as a luxury car. There are people that pay $80k for a car. I suppose I could do that-- you could do that-- but I don't because the used Toyota Rav4 is fine. Likewise, I could pay $80k per year for my kids to go to a college, but why would I when they can get just as good an education at a public school.

Why do these schools decide to not help upper-middle class attend? Maybe those endowments are restricted and can only be used to help families that are truly middle class? OR maybe the odd mix of obscenely wealthy and middle class/ poor kids and nothing in between is working for them. Gives the student body une certaine frissione that having a bunch of upper-middle class people would cause to go flat.

The fact is kids in upper-middle class families will largely do very well at whatever school they attend. They don't need the access that less affluent kids require. For a school to brag about rags-to-riches stories the kids actually needs to be in rags, and $280k per year families ain't going to bring it.

Anyway, if your argument is that private elite schools should give a better deal to families making $280k than for $800k, where does that kind of thinking end? Tesla has luxury cars and the company has taken federal money for research-- should society require Tesla to charge families making $800k more for their luxury car than families making $280k? IF not, why would we require Harvard to do it? To my mind Harvard is a luxury just like a luxury car.

Well said!

Nobody is entitled to an elite education. Plenty of excellent options that will be affordable.
But if you really want it, just like a luxury car, you can choose to divert your money to pay for it.

But no, someone making $800k should not pay more than someone making $280k. That is not poor, not MC. Wealthy do not need to subdidize your kids education when you at in top 5%

If “nobody is entitled” then why do we have need based aid? The folks receiving that aid appear to be entitled to it.

Because the "underprivileged" often need a bit of help to get ahead. Someone with a family who only earns $45k/year has so many other issues and obstacles they have had to overcome to have the resume for getting accepted at a T25 school. Life is not so grand for them, because if they don't get into a need blind school that funds ALL need, they often cannot afford anything but CC and then transferring.
They certainly could not save much if any for college as they can barely manage to live on that. And the T25/elite colleges recognize the benefits of having more than just wealthy and UMC families on campus. For an underprivileged kid, the doors opened with a T25 education are numerous (not so much so for the UMC/Wealthy vs attending your state U).

However, the $280K (and really even the $200K) could have made choices to save and be able to afford college, even saving enough for $50-60K/year or more. These are private universities, they can choose how to spend their endowment on financial aid/merit awards. And no, I don't think someone making $200K is entitled to financial aid. If they did not save, then they can search merit and attend a private for minimal cost (not hard to do if their kid has stats for Harvard) or their instate flagship, etc. They have many choices still available to them.

But the argument those that get "need based aid" are entitled is ridiculous. Do you go around lamenting that a family of 4 making only $30K gets food stamps while you making $200K has to pay for your own food? Doubt it, and I highly doubt you would want to change places with them in order to get the food stamps.
We provide help in many ways to better society as a whole. It benefits lower income students to get FA and be able to attend college (be it T25 or any college). Once they make the break out of poverty their kids will likely continue that path and often education is the key to having a good higher paying job (not all, but many jobs require it). So it benefits society to help ensure those kids have an opportunity.
If you are making $200K, your kids will be fine (or they should be anyways) no matter where they attend. They have so many privileges growing up it's difficult to enumerate.

Note, we don't usually hear people making $45K/year complaining if their kid does not get into Harvard/Yale/etc. They move on and find anyway they can to get their kid an education that is affordable to them---they are just thrilled their kid is getting the opportunity to attend any college.

Well said. If we could save enough for 40k/yr ea for college for our kids on 80-140k income, someone on 250k could save enough for full freight. I don't think many of the well-off people who envision themselves as middle class realize how much they have/spend on other things that we don't.

Also, there seem to be way more rich people at my kid's college than poor, middle class.

I don't get why people think poor people or URM kids are somehow taking all the Ivy spots. That is ridiculous. At my kid's school it is largely wealthy or well of white and Asian kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A lot of people who claim to be "donut hole" families have lived lives of increasing lifestyle creep as their incomes have climbed up 200k, and then want to complain that they don't get enough need-based aid. Well, did you really need a new car every 5 years? Expensive vacations? To redo the kitchen?

If you want to argue that a family making over 200k is middle class, then live like middle class people -- budget, accept you won't be able to afford everything you want to do, and sock money away for retirement and college.

We make well under 200k and this is what we do, and we have friends making over who go out to eat three nights a week, drive luxury cars, and take multiple vacations overseas every year, have weekly cleaners, etc. Those people are not entitled to need-based aid. It's not my fault, or the college's fault, that they chose to just live nicer, more luxurious, easier lives instead of saving their additional income for their child's education. We've scrimped and saved and still won't have enough. AND work in helping professions. I don't cry myself to sleep over the doctors and consultants and well-paid feds who will be disappointed in their FA award while crying into their Tesla upholstery and trying to console themselves on the flight to Aruba. Boo freaking hoo.

That's fine but look what you've done. You've sacrificed your whole life only to be ripped off by a system where more than half the kids are practically going for free, while maybe a quarter of the parents are rich people for whom $320k is a fraction of an annual bonus. You are kind of the sucker here.

And I’m sure Harvard’s $50+ BILLION endowment appreciates all the sacrifice. We shouldn’t have a system that requires such deprivation when colleges are sitting on tax protected billions. We are the suckers. Chileans took to the streets when universities were too expensive. We shame each other for taking a vacation.

+1 And most of our vacations aren't even that nice. I've never taken our kids to a beach resort or Disneyworld. Most of our vacations are to see family. We drive our cars for like 15 years. We chose to live in a nice neighborhood for the safety and schools, but that's about it. We live in a hcol area because of our jobs, but that's about it.

We don't wear expensive clothes; we shop at Old Navy and Kohls. I have no jewelry except my engagement ring.

We save a lot more for retirement because we don't have family money, and we don't want to burden our children with our retirement. And actually, we help out our families financially.

Colleges that take federal money for research should have their costs regulated.

It's ridiculous for them to expect families making $280K to pay the same as a family making $800K.

I'm the same as you, but I'm not so sure it is ridiculous for them to expect that families making $280k should pay the same as a family making $800k. I think of these $80k per year colleges as a luxury car. There are people that pay $80k for a car. I suppose I could do that-- you could do that-- but I don't because the used Toyota Rav4 is fine. Likewise, I could pay $80k per year for my kids to go to a college, but why would I when they can get just as good an education at a public school.

Why do these schools decide to not help upper-middle class attend? Maybe those endowments are restricted and can only be used to help families that are truly middle class? OR maybe the odd mix of obscenely wealthy and middle class/ poor kids and nothing in between is working for them. Gives the student body une certaine frissione that having a bunch of upper-middle class people would cause to go flat.

The fact is kids in upper-middle class families will largely do very well at whatever school they attend. They don't need the access that less affluent kids require. For a school to brag about rags-to-riches stories the kids actually needs to be in rags, and $280k per year families ain't going to bring it.

Anyway, if your argument is that private elite schools should give a better deal to families making $280k than for $800k, where does that kind of thinking end? Tesla has luxury cars and the company has taken federal money for research-- should society require Tesla to charge families making $800k more for their luxury car than families making $280k? IF not, why would we require Harvard to do it? To my mind Harvard is a luxury just like a luxury car.

Well said!

Nobody is entitled to an elite education. Plenty of excellent options that will be affordable.
But if you really want it, just like a luxury car, you can choose to divert your money to pay for it.

But no, someone making $800k should not pay more than someone making $280k. That is not poor, not MC. Wealthy do not need to subdidize your kids education when you at in top 5%

If “nobody is entitled” then why do we have need based aid? The folks receiving that aid appear to be entitled to it.

Because the "underprivileged" often need a bit of help to get ahead. Someone with a family who only earns $45k/year has so many other issues and obstacles they have had to overcome to have the resume for getting accepted at a T25 school. Life is not so grand for them, because if they don't get into a need blind school that funds ALL need, they often cannot afford anything but CC and then transferring.
They certainly could not save much if any for college as they can barely manage to live on that. And the T25/elite colleges recognize the benefits of having more than just wealthy and UMC families on campus. For an underprivileged kid, the doors opened with a T25 education are numerous (not so much so for the UMC/Wealthy vs attending your state U).

However, the $280K (and really even the $200K) could have made choices to save and be able to afford college, even saving enough for $50-60K/year or more. These are private universities, they can choose how to spend their endowment on financial aid/merit awards. And no, I don't think someone making $200K is entitled to financial aid. If they did not save, then they can search merit and attend a private for minimal cost (not hard to do if their kid has stats for Harvard) or their instate flagship, etc. They have many choices still available to them.

But the argument those that get "need based aid" are entitled is ridiculous. Do you go around lamenting that a family of 4 making only $30K gets food stamps while you making $200K has to pay for your own food? Doubt it, and I highly doubt you would want to change places with them in order to get the food stamps.
We provide help in many ways to better society as a whole. It benefits lower income students to get FA and be able to attend college (be it T25 or any college). Once they make the break out of poverty their kids will likely continue that path and often education is the key to having a good higher paying job (not all, but many jobs require it). So it benefits society to help ensure those kids have an opportunity.
If you are making $200K, your kids will be fine (or they should be anyways) no matter where they attend. They have so many privileges growing up it's difficult to enumerate.

Note, we don't usually hear people making $45K/year complaining if their kid does not get into Harvard/Yale/etc. They move on and find anyway they can to get their kid an education that is affordable to them---they are just thrilled their kid is getting the opportunity to attend any college.

Well said. If we could save enough for 40k/yr ea for college for our kids on 80-140k income, someone on 250k could save enough for full freight. I don't think many of the well-off people who envision themselves as middle class realize how much they have/spend on other things that we don't.

Also, there seem to be way more rich people at my kid's college than poor, middle class.

I don't get why people think poor people or URM kids are somehow taking all the Ivy spots. That is ridiculous. At my kid's school it is largely wealthy or well of white and Asian kids.

It is that way at most of the elite universities. The 150-300K is well represented. See earlier posts in the thread. In fact they are overrepresented vs the percentage of population they are.

And yes, I agree that if you saved $160K for each of your kids while earning only 80-140K during those 18 years, you have demonstrated exactly why many of us say it's largely about choices. Most in the "donut hole" range do spend on what most lower income/lower middle income would consider "luxury goods"---they just don't realize it because everyone around them is choosing to do it as well.
I grew up poor (think 2 incomes only bringing in $30-40K at max, there were at least 3 years added up overtime from age 8-18 where there was NO income as parents were unemployed and literally did side jobs to pay the bills while job searching-- I got free school lunch during those times and food stamps). Yet somehow my parents manage to pay ~$4k/year plus travel so about $5K for me each year of college. They also entered retirement 10 years ago with 3/4M in savings somehow (no pension, just 401K and IRAs). My parents scrimped to save every penny because they knew college was a way to a better life for their kids and they wanted to fund their own retirement. We ate out 1x/month, at somewhere like Olive Garden/Sizzler. I never flew until I went away to college. Our house and cars did not have AC (it was hot as hell in the summer).

[Anonymous]

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

So the low income families are entitled (based on a decision made by the schools rather themselves) to a free private education while the middle income are not (and therefore cannot realistically access it). So some people are entitled and some are not

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

So the low income families are entitled (based on a decision made by the schools rather themselves) to a free private education while the middle income are not (and therefore cannot realistically access it). So some people are entitled and some are not

+1. Yes. The colleges have deemed some more worthy than others.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

This.

[Anonymous]

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

What on earth makes you think that private colleges care what low-income students think or want?

[Anonymous]

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

What is an irresponsible job?

You know, when I was a young lass, we didn’t have treatment for tuberculosis or polio. Isn’t it so unfair that there’s treatment for those conditions now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

What is an irresponsible job?

You know, when I was a young lass, we didn’t have treatment for tuberculosis or polio. Isn’t it so unfair that there’s treatment for those conditions now?

Stupid analogy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

What is an irresponsible job?

You know, when I was a young lass, we didn’t have treatment for tuberculosis or polio. Isn’t it so unfair that there’s treatment for those conditions now?

Stupid analogy

I think the bigger point is, people who really got nowhere financially are rewarded by the schools, whereas people who did claw their way into a very moderate amount of success or just financial security are essentially excluded.

It’s popular now for “privilege” to be the explanation of the difference between 100k and 200k- failure is sanctified while success however modest is inherently exploitative. But in reality there are other variables that drive these outcomes than unearned privilege. Like working your ass off and saving

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

What is an irresponsible job?

You know, when I was a young lass, we didn’t have treatment for tuberculosis or polio. Isn’t it so unfair that there’s treatment for those conditions now?

Stupid analogy

I think the bigger point is, people who really got nowhere financially are rewarded by the schools, whereas people who did claw their way into a very moderate amount of success or just financial security are essentially excluded.

It’s popular now for “privilege” to be the explanation of the difference between 100k and 200k- failure is sanctified while success however modest is inherently exploitative. But in reality there are other variables that drive these outcomes than unearned privilege. Like working your ass off and saving

Do you hear yourself?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

Exactly! It's not the kids thinking they are "entitled" at the low income level. It's the colleges that want to broaden their freshman class diversity on many levels. Why shouldn't private universities be allowed to do this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

So the low income families are entitled (based on a decision made by the schools rather themselves) to a free private education while the middle income are not (and therefore cannot realistically access it). So some people are entitled and some are not

Yes, it's a PRIVATE institution. They can choose to spend their money however they want.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was raised in foster care and got my education ( BS and MS) from my state flagship. I worked a number of jobs through college. I also got some aid. I specifically chose a state university because it was the most affordable.

Now, I am in a responsible job and am paying full freight for my kid.

Why do low income kids think they should get aid to attend an expensive private school? This was not even in my thought process when I was trying to get through school. Why isn’t the state school good enough? It was for me and many of my friends.

My kid got accepted to a private college. Nice but no aid for $60,000 per year. Yet the school doles out all these first gen scholarships and me tori g programs and other URM programs out the wazoo. We are going to turn down the private college. It’s too costly for us.

Why do low incom kids think they should get aid to attend expensive private schools? I don't think they do. I think the colleges WANT them. The colleges think that private colleges are entitled to spend their endowment $ to provide financial asisstance as they see fits their vision. Do you think private colleges aren't entitled to make those decisions? If so, why not?

So the low income families are entitled (based on a decision made by the schools rather themselves) to a free private education while the middle income are not (and therefore cannot realistically access it). So some people are entitled and some are not

+1. Yes. The colleges have deemed some more worthy than others.

The colleges have "deemed" it important to include students from a variety of backgrounds, including socioeconomically. They have decided that these "lower income" kids would never be able to attend without this assistance, and they are 100% accurate about that.

You find issue with the fact they have "deemed" it possible for a kid from a $200K+ family to attend without any or much assistance. Shockingly, they expect someone who is in the upper 10% of families to be able to find a way to save for a product they desire. You are upset you have chosen not to save or save enough.

Seriously, do some of you go around complaining that people get food stamps and low income housing?