Reply to Keep the Poor Students in Poor Schools

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[quote=Anonymous][quote=Anonymous]Why give out any FA if the Big 3 schools can fill their Pre-K and K class with qualified applicants (99+ % WPPSI, Full Pay)?[/quote]

Because they can't , because not enough really smart kids exist, despite the game face on this forum.I know because my DC did score that high an dI know how he compares to his 70 or so classmates after all these years. I have also been shown his stanine scores as compared to rest of school. A 99th% kid is top 5% of his/her class. Now, where do you get the remaining 95% of the class from? Recruit them with FA.

Secondly, first and foremost, Private schools have to raise money because they get no Fed/State funding and many have endowments far below the minimum required amount : 4 X their yearly operating budget.They raise money by admitting the children of the wealthy that may be reasonably intelligent, but by no means brilliant. Their parents are ever so greatful and understand that it is their role to give $$$$$

Thirdly, Private Schools are all fund raising machines and if they did not give away some of what they raise in the form of FA, that money would be taxed and taxed SIGNIFICANTLY. The only shelter Private schools have for their money under non-profit status is : teacher and admin. salaries AND FA. They don't give to be nice, or to level the playing field , they give FA to balance their books. They only give it to smart or athletically talented kids who cannot pay full freight becuase they fully intend to get something out of those kids. There is no "free lunch"[/quote]

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