Study of elite college Admissions

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Middle class is supposed to stay middle class. If they become upper middle class trying to be entry level wealthy, private colleges put them back in middle class with high cost. If they don't go for full pay, their kids can't attend ivies, if they pay ivies, they can't retire in peace.

Yes, that is the reality.
And...........it's not like you're not playing the game. Isn't this why we have a spate of 18-year-olds majoring in CS?

So sacrifice kids at the alter, instead of letting them study what they enjoy and are good at?

DP here. Most CS students I know are CS because their parents picked their major (and school).

Regarding middle class - so it is okay for them to get financial aid and attend private high schools, but it is not okay for them to get financial aid at colleges? Not following.

Who said anything about not receiving aid? Middle-class families can and do receive financial aid from many universities. Especially if their stats are higher than the school's average.
I think the PP is speaking out of both sides of her mouth...
"Education is what matters, let them study what they want to study! Education is what matters!"
"And I want them to go to Yale!!!"

[Anonymous]

Anonymous wrote:

Anonymous wrote: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.

They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free.

No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible.

And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free.

No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible.

And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up).

DP what do you want the price to be? what are you willing to pay?

[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.

There really isn't much of a donut hole for this tier. People making under 250k get aid. We are under 150k and got excellent aid. Are 300k+ incomes really donut hole? Not in the middle class person's book.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free.

No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible.

And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up).

How is that possible? What aren't you including here? MC tuition is very affordable at these schools. How UMC are you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free.

No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible.

And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up).

You're confirming the findings of the study.

[Anonymous]

Anonymous wrote:

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.

Middle class is supposed to stay middle class. If they become upper middle class trying to be entry level wealthy, private colleges put them back in middle class with high cost. If they don't go for full pay, their kids can't attend ivies, if they pay ivies, they can't retire in peace.

Middle class families pay a fraction of the full cost at Ivies. Unless you actually mean upper class when you say middle class.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Middle class is supposed to stay middle class. If they become upper middle class trying to be entry level wealthy, private colleges put them back in middle class with high cost. If they don't go for full pay, their kids can't attend ivies, if they pay ivies, they can't retire in peace.

Yes, that is the reality.
And...........it's not like you're not playing the game. Isn't this why we have a spate of 18-year-olds majoring in CS?

So sacrifice kids at the alter, instead of letting them study what they enjoy and are good at?

DP here. Most CS students I know are CS because their parents picked their major (and school).

Regarding middle class - so it is okay for them to get financial aid and attend private high schools, but it is not okay for them to get financial aid at colleges? Not following.

Who said anything about not receiving aid? Middle-class families can and do receive financial aid from many universities. Especially if their stats are higher than the school's average.
I think the PP is speaking out of both sides of her mouth...
"Education is what matters, let them study what they want to study! Education is what matters!"
[b]"And I want them to go to Yale!!!"
[/b]

PP here. This is the impression I am getting. But to say that students are only at the schools OP mentioned because those students are rich, is telling me that they know little if anything about these schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Middle class is supposed to stay middle class. If they become upper middle class trying to be entry level wealthy, private colleges put them back in middle class with high cost. If they don't go for full pay, their kids can't attend ivies, if they pay ivies, they can't retire in peace.

Yes, that is the reality.
And...........it's not like you're not playing the game. Isn't this why we have a spate of 18-year-olds majoring in CS?

So sacrifice kids at the alter, instead of letting them study what they enjoy and are good at?

DP here. Most CS students I know are CS because their parents picked their major (and school).

Regarding middle class - so it is okay for them to get financial aid and attend private high schools, but it is not okay for them to get financial aid at colleges? Not following.

Who said anything about not receiving aid? Middle-class families can and do receive financial aid from many universities. Especially if their stats are higher than the school's average.
I think the PP is speaking out of both sides of her mouth...
"Education is what matters, let them study what they want to study! Education is what matters!"
[b]"And I want them to go to Yale!!!"
[/b]

PP here. This is the impression I am getting. But to say that students are only at the schools OP mentioned because those students are rich, is telling me that they know little if anything about these schools.

Agree

[Anonymous]

Anyone have a link that works?

[Anonymous]

Anonymous wrote:

Anonymous wrote: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.

They are private taxing authorities charging 5-10% of family wealth but only for donut hole families, not for anyone else.

So weird. Have you not ever had something in life you can’t afford? It sucks that you can’t afford Ivy, but that’s life. If your kid is bright enough to get into a top school, they will have plenty of great, affordable options.

[Anonymous]

Is $800k donut?

[Anonymous]

Anonymous wrote:Is $800k donut?

Definitely full pay

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free.

No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible.

And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up).

DP what do you want the price to be? what are you willing to pay?

Something reasonably attainable for MC families. Sorry, I'm not giving a number. But something that allows people to "stretch" if they want to do so w/o making it prohibitively expensive. There's a difference between $50K, which is already quite high, and $80-90K/year.

But you already know this so why are you being obtuse?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Middle class is supposed to stay middle class. If they become upper middle class trying to be entry level wealthy, private colleges put them back in middle class with high cost. If they don't go for full pay, their kids can't attend ivies, if they pay ivies, they can't retire in peace.

Yes, that is the reality.
And...........it's not like you're not playing the game. Isn't this why we have a spate of 18-year-olds majoring in CS?

So sacrifice kids at the alter, instead of letting them study what they enjoy and are good at?

DP here. Most CS students I know are CS because their parents picked their major (and school).

Regarding middle class - so it is okay for them to get financial aid and attend private high schools, but it is not okay for them to get financial aid at colleges? Not following.

Who said anything about not receiving aid? Middle-class families can and do receive financial aid from many universities. Especially if their stats are higher than the school's average.
I think the PP is speaking out of both sides of her mouth...
"Education is what matters, let them study what they want to study! Education is what matters!"
[b]"And I want them to go to Yale!!!"
[/b]

PP here. This is the impression I am getting. But to say that students are only at the schools OP mentioned because those students are rich, is telling me that they know little if anything about these schools.

There's someone who knows little but it's you. We are ACTIVELY deciding on some of these school right now. ZERO merit at many of them. And what merit there is, is for truly gifted kids (fine). There is need-based available. Or full pay at in excess of $80K/year. Nothing in between.

Now, you move much further down the "rankings", yes, merit is more readily available. But this thread was about tuition/attendance at ELITE schools.