Dude, that was literally the point. |
Given your use of ellipses and three question marks, it is clear you are the same “somebody” you are referring to (who did the exact same thing). Along with your irrationally strong reaction, unfamiliarity with the phrase “don’t shoot the messenger” and its meaning, and inability to follow a back-and-forth logically, the College and University forum may not be for you. Bye. |
I agree that endowment hoarding is a gross exercise in greed. Regis high school was lucky enough to have an enormously generous and well invested grant over 100 years ago and is able to use that endowment to provide free tuition for all applicants. There are a few colleges that could also pull this off if they wanted to. |
These schools are not unlimited in size or capacity. How would this be possible? A lottery system? Would it be open to all, regardless of their HS record? Or would there be some floor, which by definition would exclude some/many potential applicants? |
As hopeful helpful information about Harvard costs, the following is from the school's web site:
Harvard costs what your family can afford. We make sure of that. If your family's income is less than $85,000, you'll pay nothing. For families who earn between $85,000 and $150,000, the expected contribution is between zero and ten percent of your annual income. Families who earn more than $150,000 may still qualify for financial aid. Families at all income levels who have significant assets are asked to pay more than those without assets. For more than ninety percent of American families, Harvard costs less than a public university. All students receive the same aid regardless of nationality or citizenship. To learn more, check out our financial aid fact sheet or see the breakdown of the full cost of attendance. You can also compare Harvard's cost to that of other schools with the MyinTuition Quick College Cost Estimator. |
Thank you so much for this. We’re starting to focus more deeply on the college search with DC26, and we are eager to find rigorous schools that welcome multiple points of view, both socially and in the classroom. Not because we are especially conservative (we’re not), but because we are eager for our kids to challenge their/our assumptions and consider the world from many different points of view. This includes a range of economic perspectives, as well, which I know is not easy to find at elite universities. On a related note, I just saw this article but have not read it yet. I hope it’s a harbinger of better things to come (a correction / the pendulum swinging back): Thinking Allowed: Promoting Free Speech in the Classroom https://www.gsb.stanford.edu/experience/news-history/thinking-allowed-promoting-free-speech-classroom |
I’d love to know which school. Not to argue with you or to disparage it. But as a data point in our college search with DC. As you said, it is hard to know what’s true right now from the outside looking in. |
I thought this article was a big word salad.
And I'm generally down on the uber rich, money hoarding colleges. |
Progress! You have now conceded that I am able to read. Just a few more pithy retorts and surely you'll stop sneering at us from behind your bifocals. |
FIRE ranks schools on free speech: https://www.thefire.org/ |
But there's always fine print and for these colleges it's "with typical assets". so family who earn 85-150k, "with typical assets". for Harvard, that's 200k. so for most UMC families who have been saving for our working life, even those of us making 140k, financial aid is limited. certainly not lower than public. but more generous than say a BC or some other private with pockets not quite as deep.. I'm a progressive liberal, but the idea of making these colleges need blind to international students rubs me the wrong way. American tax payers support these schools by NOT taxing their endowments and paving the highways that lead to them. (etc). I think they could be more generous to US kids. |
Emory has already started moving its endowment into Bitcoin. These people are not dumb. They plan decades into the future. |
harvest invested big in timberland and it was a debacle. I think Yale's endowment grew 4% last year - far below a low fee index fund. |
+100 I got nothing out of it. |
Demonizing universities is a distraction from the real issues. I wish people would stop seriously entertaining RWNJ talking points. |