Nobody is forcing you to send your kid to ritzy private universities ranked 20 to 30. They can get the same degree for much cheaper at more economical schools, many which may offer some merit as well to sweeten the deal. Obviously USC and NYU have plenty of people willing to pay, so why do you care how they blow their money? Move on and stop wasting mindshare on such trivial perceived slights. |
Better job opportunities out of top schools. |
Not all Americans pretend that. I couldn’t afford the best school I could get into either. That’s normal! Some schools have always been out of reach for most people, no matter their “merit.” I’m sorry you bought into the myth so long but it’s time to let it go. |
25 years ago I vividly recall our salutatorian getting into Vanderbilt (and possibly Brown) and her family couldn't afford either, so she went to the state flagship. Nobody cared or cried about it. This is hardly a new phenom. |
Sure, but since then most even half way decent schools have spend large amounts of money marketing themselves as affordable for any accepted student |
Sometimes. Sometimes not. There is more than one way to skin a cat. Your children's careers are not doomed by attending a less expensive college. |
And today maybe they could but obviously not every single kid can afford Vanderbilt! It’s just silly to think otherwise and baffling so many people on this board are shocked by it. |
That wasn’t my takeaway. Seems like they’ve tried to make it affordable for any family who was willing to really prioritize school over anything else. Which, when I was a kid, wasn’t really the deal. No one middle class thought they could afford elite schools in my small rural town. |
Might be better job opportunities if you buy a Savile Row suit, too. |
I thought that was an interesting thing that came out of the scandal. There's a real demand to send rich kids to a walled garden of the same, and not ASU, the horror. Not surprising, but very explicitly stated. Scandal aside, there are schools like USC that provide exactly this. Far more pronounced than a generation ago. |
Don't understand the point of raising the cost that much if the vast majority get aid. Just keep the cost lower, and don't provide as much aid. It makes it more affordable for more people that way. |
Because low-income students wouldn’t be able to attend, then, |
They’re taking from the rich and giving to the poor, aren’t they? |
This country is failing.
The cost of a college education (even at state schools) has gotten way out of hand. They sharp spike upward in cost which isn't even remotely close to the pace of salaries is crazy. Once the fed loan program came in and schools found out people would just borrow, borrow and borrow some more...the tuitions started spiking. And colleges started to become like country clubs with huge sports centers and coffee bars and luxury dorms, etc. I had a dorm room without air conditioning, that was bare bones and the cafeteria which was equivalent to my public high school cafeteria. Now these kids can get health shakes and have 50 different lunch options. |
Yea. And those of us willing to pay $100k are willing to do so with the idea that it could boost chance of admission for our kid. |