Why do UVA and Michigan attract such affluent student bodies?

[Anonymous]

Anonymous wrote:UMich was a haven for top Jewish students, many of whom went on to build wealth, at a time when the Ivies limited their acceptance. This helped build not only its academic reputation plus its connection to the NYC area. My in-state UMich grad husband made friends with NYC area kids and moved East after graduation, where he could watch Big 10 games at a Michigan bar on the UWS of NYC.

This is it. 1) UVA and Mich are probably the most expensive OOS COA for publics in the country.
2) "Jew of M" pulls wealthy OOS Jewish kids from NY and LA.

[Anonymous]

Anonymous wrote:It’s called tuition, people: UVA and Michigan have the highest oos tuition of any public universities in the country. People who are value conscious realize that the same price for a private is a better value. People who are cost conscious go to another oos (or in-state) public or go down a prestige rung and get merit at a private (saving 10-20 per year over UVA or Michigan).

People who don’t care are rich…hence the demographic.

+1000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've always wondered how the NYT purported to know income of all students (not just federal aid recipients) if they don't have aid. How did they get income information and link it to a school?

+1
Still waiting for a link to this.

From the article-

The researchers tracked about 30 million students born between 1980 and 1991, linking anonymized tax returns to attendance records from nearly every college in the country.

Why can't you simply provide a link? Do you know how to do this?

[Anonymous]

“People who are value conscious realize that the same price for a private is a better value.”

There are very few privates that offer the overall academic excellence that Michigan provides. It’s no value to pay high fees to either a public or private school if it doesn’t measure up. Your comment is too simplistic and generalized.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Top 10% isn’t that affluent. Two middle manager parents at F500 would be in that bucket.

But compared to WI, there are more at that level I suspect. Not a lot of Wealthy/rich in WI as a whole

You have to be rich to live there. Top 5 in the nation for income tax, property tax and gas tax

[Anonymous]

Anonymous wrote:

Anonymous wrote:A lot of wealthy boarding school kids at UVA, according to our NOVA daughter.

Yes, there are a lot of boarding school kids at UVa. Among my friends were folks who went to St. Paul's, Philips Exeter, Lawrenceville, Hotchkiss, Choate, Deerfield Academy, and Woodberry Forest -- as well as Wellington (in England) and TASIS (in Switzerland).

These must be the bottom half of class from these boarding schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've always wondered how the NYT purported to know income of all students (not just federal aid recipients) if they don't have aid. How did they get income information and link it to a school?

+1
Still waiting for a link to this.

From the article-

The researchers tracked about 30 million students born between 1980 and 1991, linking anonymized tax returns to attendance records from nearly every college in the country.

Why can't you simply provide a link? Do you know how to do this?

DP. I think they are referencing the Chetty College Mobility project published by the New York Times. See below. This was probably influential in causing USNWR to change their rating criteria to include mobility (factor % of Pell Grant recipients and first generation). USNWR also removed or lowered the weighting of criteria that otherwise disadvantaged a number of large public schools that had higher percentage of Pell Grant recipients, including student-faculty ratio, alumni giving, etc.

https://www.nytimes.com/interactive/projects/college-mobility/

[Anonymous]

Anonymous wrote:The top 1% number from UVA will probably go down because the VA legislature is stupid and they banned donor admission preferences. They should have banned donor, legacy for in admissions for in-state students, but allow it out of state students. Then cap OSS 1/3rd of the student body. OOS donor and legacy admits subsidize the university for in state students, so this was a very short-sighted decision.

I assume you're a wealthy alum who wants to secure a place for DC at UVA?

[Anonymous]

Anonymous wrote:Just to compare public universities (from the NYT):

Students from top 1% of families

Michigan 9.3%
Virginia 8.5%
Illinois 2.5%
Penn State 2.3%
Wisconsin 1.7%

Students from top 10% of families

Michigan 49%
Virginia 49%
Illinois 30%
Penn State 27%
Wisconsin 19%

Because schools like that usually have lousy aid for out-of-state students. Out-of-state broke students will usually get better deals at their own state schools or private schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:“UVA has a more genteel atmosphere but it's long been regarded as a public elite. It's one of the oldest universities in the nation.”

Fun fact. Michigan is older than UVA.

Another fun fact is that neither one is close to being the oldest or even close to being among the oldest 25 colleges.

Nah. Harvard is only 180+ years older.

[Anonymous]

Anonymous wrote:The top 1% number from UVA will probably go down because the VA legislature is stupid and they banned donor admission preferences. They should have banned donor, legacy for in admissions for in-state students, but allow it out of state students. Then cap OSS 1/3rd of the student body. OOS donor and legacy admits subsidize the university for in state students, so this was a very short-sighted decision.

While legacy won’t help you anymore, you can still move the needle provided your donation is big enough.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just to compare public universities (from the NYT):

Students from top 1% of families

Michigan 9.3%
Virginia 8.5%
Illinois 2.5%
Penn State 2.3%
Wisconsin 1.7%

Students from top 10% of families

Michigan 49%
Virginia 49%
Illinois 30%
Penn State 27%
Wisconsin 19%

For starters, WI as a state does not have a huge pocket of wealthy people (most would end up in Chicago, not Madison or Milwaukee). Whereas VA has NoVa with a very large population of rich/UMC people.

MI is likely the same. Then for OOS---MI is extremely popular, but most are not paying $75K+ for a state school(or any school) if they are not well off.

Are you just making things up? Wisconsin has a number of Fortune 500 companies and closely held corps. It has the paper industry, SC Johnson, Miller Coors, Harley Davidson, Rockwell, Fiserv, Kohls, Johnson Controls, Oshkosh Corp, the biotech industry in Madison. I could go on and on. Not everyone with money goes to Chicago, but I am nit surprised that some ignorant DCUM poster jumps to this conclusion. Milwaukee and Madison have a number of beautiful wealthy areas and suburbs by the lakes that make everything in the DMV look like a dump. There is no shortage of money or wealth here. Sorry that blows your narrative.

Have a kid who has been in both of those cities for the last 8+ years. The wealth there simply does NOT compare to Chicago or a DCUMland. Yes it exists but not nearly at the level of other states. And have you been to the rest of WI? Largely rural, smaller towns. SO as a state, there is NOT as much wealth as say a Va

And Virginia isn’t mostly “rural, smaller towns”? Have you been to “the rest of” Virginia? Most of it is not very wealthy except the ugly Northern part that is adjacent to DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Both these schools have tons of out of state students. With the insane competition for private T20s, schools like Michigan and UVA have benefitted by sweeping up affluent kids that missed out on the Ivy/T15 sweepstakes.

Michigan has been popular for decades with wealthy coasties. This is nothing new at all. Michigan has nearly as many OOS undergraduate students as the entire undergraduate population of UVA. It is in a league of its own in that regard.

Michigan is not a state school. It is a.school that gives a discount to people who live in Michigan.

- a Michigan grad who lives in Michigan.

[Anonymous]

Anonymous wrote:One reason U of Mich got so good is that the Detroit area was one of the wealthiest in the world for a while due to the auto industry. And even after the American auto industry sagged in the last 35 yrs of the 20th century, there was/is still a lot of money in the state. There are suburbs of Detroit you wouldn’t believe.

I can never figure that out..tons of high level jobs are gone from the Big Three. And suppliers usually have piss poor margins. So where do all the people in Bloomfield Hills or Grosse Pointe work? Or is a lot of it inherited money? Everybody can't own an insurance company or be a financial advisor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just to compare public universities (from the NYT):

Students from top 1% of families

Michigan 9.3%
Virginia 8.5%
Illinois 2.5%
Penn State 2.3%
Wisconsin 1.7%

Students from top 10% of families

Michigan 49%
Virginia 49%
Illinois 30%
Penn State 27%
Wisconsin 19%

For starters, WI as a state does not have a huge pocket of wealthy people (most would end up in Chicago, not Madison or Milwaukee). Whereas VA has NoVa with a very large population of rich/UMC people.

MI is likely the same. Then for OOS---MI is extremely popular, but most are not paying $75K+ for a state school(or any school) if they are not well off.

Are you just making things up? Wisconsin has a number of Fortune 500 companies and closely held corps. It has the paper industry, SC Johnson, Miller Coors, Harley Davidson, Rockwell, Fiserv, Kohls, Johnson Controls, Oshkosh Corp, the biotech industry in Madison. I could go on and on. Not everyone with money goes to Chicago, but I am nit surprised that some ignorant DCUM poster jumps to this conclusion. Milwaukee and Madison have a number of beautiful wealthy areas and suburbs by the lakes that make everything in the DMV look like a dump. There is no shortage of money or wealth here. Sorry that blows your narrative.

Have a kid who has been in both of those cities for the last 8+ years. The wealth there simply does NOT compare to Chicago or a DCUMland. Yes it exists but not nearly at the level of other states. And have you been to the rest of WI? Largely rural, smaller towns. SO as a state, there is NOT as much wealth as say a Va

Sorry Virginia, but you are no NY or CA. Nice try though.