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Reply to "The New America: Elite Privates forever out of reach for UMC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]The OP is simply arguing for a redefinition of “poor”.[/quote] Yes. And no. Not arguing that one can't get a wonderful education at a lesser private (with merit aid) or a public. Elites are different in status and theoretically offer entrance into the ruling class. In the post WWII period they were open to this demographic. Had many high school friends at IVY's and Stanford. None of their families could be described as rich, just reasonably comfortable. What I am describing is a structural shift in American higher education which seems at this point to be permanent. [/quote] Did you really have "many" high school friends at those nine schools? [/quote] Not PP, but a substantial number of my HS friends, in the mixed-SES town I grew up, in attended top-20 schools: Harvard, Yale, Brown, Williams, Amherst, Dartmouth - those are the names I recall off the top of my head. In our generation (I'm 58yo), the cost of attendance could be covered from savings, current income, the student's summer earnings, work study, and some modest loans. E.g. the expensive private SLAC I attended cost about $8,000 when I started in 1979, and I contributed about 25% of that from my summer and school-year work. Proportionally, a student today would have to contribute almost $25,000 to make the same dent in the same school's costs. Adjusted for inflation, $8,000.00 in 1979 is equal to $29,687.80 in 2019. But that school now costs almost $75,000/year.[/quote]
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