I just don't understand how families afford a price tag like for Wake. We exceed that income level and have very little debt b/c we live relatively modestly. We have a nice 529 for our DC. And WF is a gorgeous campus. But, we could not afford $70,000+ a year. |
Not sure how WF works, but the thing to keep in mind with the wealthier schools is how much grant aid they give. They charge tuition far above cost of attendance (they may argue cost of attendance is way above that by throwing in research expenses, etc.) then offer some of the surplus as grant aid up to relatively large income levels. It may be unfair to compare to Princeton, but here is how their model works: https://admission.princeton.edu/cost-aid/how-princetons-aid-program-works Rice has a similar model. We exceed the median at Wake as well, but it makes me choke when I see that amount. It is simply too much money for college. Something is wrong in the system. I don't live in Virginia at the moment, but if we did, I am pretty sure my son couldn't be accepted at UVA or W&M. He has too many spotty grades. He does well on standardized tests, though. There may be some reputable privates that would take him because he helps some reported metrics (i.e. SAT) and doesn't hurt others because they don't report them. But $70K+ per year is ridiculous. I think many privates are having trouble collecting anything close to list price. But those are the less prestigious ones. The top ones can be ridiculously wealthy due to tax free endowment accumulation. Princeton's endowment is in the $26B range for 8,200 students. Their average cost after aid is less than half of UVA, but they could pay all expenses for all students with that endowment. |
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In this thread: Middle class, with kids in crummy public schools, who can only afford public colleges.
Give it a rest. We get it, you can't afford private. Let it go. |
There is likely very little that you get. |
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OP's dilemma is solved.
UVA added ED option today. |
How would that solve their dilemma? I thought the question was would paying for Tufts, Emory, or WashU be worth it over in-state. |
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OP here. Yeah kinda is solved. Was planning ED at Emory, Tufts, or Wash U to take the "shot" but now will ED at UVA.
Problem is sibling who has a legit shot at IVY. She will EA UVA for sure but not ED. ED an Ivy to take the "shot". Also, now don't want to split up...so may be both will ED UVA? But I told the one with the higher GPA take the shot at Ivy. UVA from a cost perspective is easy for us. The problem is two privates with a third kid two years behind who will want private. I have said since birth Ivy or UVA and if you don't get UVA W&M. Now the question will be will there be any admissions benefit to UVA ED? He will likely ED 2 W&M if rejected or deferred. So yeah problem generally solved. Only thing is I think an ED at Emory with his grades has a higher shot at say Emory than UVA. ACT is top. |
| This may have changed but most Ivies let you apply ED one Ivy and your state school. Check your local rules... |
The articles all quote the dean of admissions saying there won't be an advantage in admissions to ED. If they aren't sure, EA seems like the better option. |
This, folks (since “birth”?) is why we need that adversity index to be as robust as possible. |
Correct. That is what the higher GPA one is doing. ED Ivy EA UVA. Lower GPA will need to ED. I have to doubt that there is no admission advantage to ED. Why would they do it otherwise? Every school other than Gtown gives an ED applicant an advantage. |
Umm, no. Parents plan for college. That is not a federal crime. Bribing a coach to create a fake recruit profile is but simply planning smartly for college with the resources available to you is not. |
Great, can we also have a “crappy parents that didn’t save for college because they spent all their money on sneakers, gold chains and flashy consumer products” index as well? |
| So I looked at our school on College Kickstart, another tool like Naviance, and it shows EA from our school to UVA at 56% vs RD like 24%. Gotta think there is some advantage to ED, otherwise why would it be there? |
| If UVA can fill half their class with ED like Penn, Duke, etc, they will do it. |