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College and University Discussion
Reply to "First Six Figure College "
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[quote=Anonymous][quote=Anonymous]It’s only a matter f time. Many more families with money to VERY HAPPILY pay for top and trendy schools than spots. I believe top 30 or so could go well over 100k and still fill the class. School that are favored by the top 1% do not have declining enrollment or applications. Those schools will still make their socio economic diversity goals through generous financial aid. [/quote] Smaller expensive colleges are showing warning signs of struggling to attract full pay students, especially outside the top 20 or so LACs. I would think the more the tuition goes up, the smaller the pool for full freight is. However you slice it, 400k for a BA is astounding. I graduated at a time when tuition at expensive schools topped at 30k, so 120k for a BA. Compare it to buying a house. It was probably half the value of a decently nice house in a mid tier city circa 2000 (going for 250k on average). Today that house might go for 400k so the BA is the equivalent of a house. That shows you the inflation in higher education. [/quote]
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