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Not sure these are "secrets," but an interesting article that shows how much of a crapshoot it all is.
https://www.wsj.com/articles/the-secrets-of-elite-college-admissions-11598626784?mod=hp_lead_pos12 |
| You need a subscription to access. Can you post the take aways? |
got it- don't be poor |
| Fascinating. DD never made it off the Lafayette Waitlist; According to the NPC if she got it they would’ve needed to give her $42k+/yr to meet need as defined by them. It was an SAT reach though. |
other than taking all available bio and chem classes, how exactly does a high school kid demonstrate a love of premed? |
| What's shocking to me is the income breakpoint--$175,000 a year! Granted that's just one school and not a super-well-endowed one. But under 175K is hardly poor. I guess on the flip side, I'm also surprised that a family at that income level qualifies for $35,000 in need-based aid. |
the cost to attention is 74k, after tax, that the majority of HHI |
Hospital shadowing and research (which is a whole other issue—not really acessible for kids in rural or suburban areas if they don’t have their own cars) |
So crazy. I know that my kid is free to opt out of the competition and go to a less selective school, but for god sakes they’re KIDS in high school. Ick. |
so being connected or going to a connected school? |
Yes. Except for NAF programs at poor high schools. |
Assuming no savings.... |
Yep. One of my friends who is a doctor spent high school summers and weekends as “Candystriper.” I don’t know if they even have that program anymore, but it involved volunteering at local hospitals. They wore a striped smock to identify them as young volunteers, thus the name. |
Why would you need $35k/yr in FA if you have savings? |
They included up to $175k hhi because believe it or not there are kids who’s parents have a $175k hhi who haven’t saved a dime for their child’s college education. |