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I mean, demonstrably you did not have to. You could have done what they did. My family receives FA. I am grateful for it. I think it's absolutely fine to not donate, or to mark your donation for a non-scholarship fund. But I think it's bizarre to have repeated threads on DCUM complaining about how a school you don't have to attend spends money you don't need to give. |
| It takes a village. |
Mmm. See to me, the constant ask to contribute $2,3 or $5k to financial aid is very real, not petty. It’s incessant. And I’d be delighted to do that, if I knew my gift would be used for the things I value. |
No, tuition doesn’t fund FA. Read your school’s detailed financials sometime. There’s no “shifting,” as that would be fraud. Our school has a healthy endowment and FA mostly comes from there and donors. Which I am not. |
If they make 350-400K, they're not getting financial aid. |
Meh. Take your white hat salary and your brilliant, value-laden kids to the local public school. Problem solved. |
They can give less FA to people making above $250k and more to people making less than $100k. Reallocate. But the will to do it is lacking. |
Different PP. My post complained about the schools my kids attend(ed). I didn’t start the thread tho |
But there is no problem. Except in OP’s mind. |
Exactly. Giving FA to a family making over $350k and has multiple kids is a good thing. Keeps the school from giving FA to some poor kid you don’t want sitting next to your kid, right? |
1) OP doesn’t actually know that’s what they make. 2) Multiple kids implies three or more, as people rarely use that term for two. 3) We don’t know how much they receive, could be $10k per kid. 4) Given all of the above, it’s completely reasonable they would receive something at a school where the tuition is between $45-60k per kid. 5) That “something” per kid probably isn’t enough to fund the FA that a poor kid would need, which is the point you keep missing. These schools should definitely provide aid for poorer kids. But it’s much harder to fill a class when you are providing full tuition than when you are giving smaller amounts to more people. Your desired approach would result in a bunch of very wealthy kids and then a few token poor kids that could be trotted out at various intervals to make the donors feel good. I guess that would make you happy, right? |
+1 |
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All the FA families I know of at my kids school fall into one of two categories:
* Middle class URMs * Low earning, high education families of various races The second group, with teachers' kids, tends to be at the top of the food chain academically and college-admissions wise. I think the college placement is probably the main reason they're recruited. Looks good for the school to have a kid into Harvard, even if his alum dad only works a schlub job at some random nonprofit. I support the practice. Brings the school up academically. |
As you say, they should give more money to poorer kids. It’s easier to just give it to the UMC who just “need” an extra 10k. Why would they want to do the harder thing? |
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Maybe there should be a rule that you can't receive FA for two generations. Wouldn't it be best if a FA education put you in a position to pay for someone else who needed it instead of just perpetuation a cycle of entitlement?
I also don't buy the idea that FA kids are always the best students. Sure, some are, and that's why the school Supports them. But at our school, the top Academic kids are almost all the kids of high earning, well educated parents. Not the teachers kids. |