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College and University Discussion
Reply to "Selingo WSJ Essay"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]These articles focus on career “success” and not money “success”. The insurance policy is that the graduates have rich friends and/or marry someone rich. How many parents on this board earned their 1% vs married their 1%? I am semi-successful professsionally from a meh-private college; my money comes from my husband’s family, not my career.[/quote] Both former low-income, heavily aided students who met at an ivy, went to med school at a different but top school, and earn top2%. Most of our adult friends are in medicine or law. About half came from no money and did not marry into significant (top-5%)money. We are younger than the ave college parents, just turned 50, college '97. Our friends are all similar. In fact the smartest two from '97 are a top lawyer and a research MD-phD.about 40% of my ivy was on need-based aid when I attended now it is 55%. parents on dcum who went to college in the 80s have a very different understanding of college compared to people from the late 90s. The legacy friends in my adult involved alum group are predominantly new to the top incomes, and were not legacies ourselves. My ivy absolutely changed my trajectory and it continues to do the same for a larger and larger portion of the undergraduate population. [/quote] +1 Top undergrad, law and med schools love their URMs. [/quote] I am not the PP, but DW and I are also previous low-income couple, met at an ivy (late 90s) and we are white. One of our closest friend couples from those undergrad days is also white, non-rich: one-FGen, one middle class couple. Three of the four of us are MDs, one is a lawyer who went to harvard law. He was probably the poorest of all of us in college and also the smartest (but we were all smart, magna or summa cum laude). My med school (T5) had about half of the class who had been on financial aid as undergrads, yet at the time the med school was still 75% white. Guess what we were the ones who paid off our loans the fastest because we were used to living on less in college. Even the rich ones typically had some personal loans--it was not many who had parents paying the entire cost of med tuition and living expenses. One of the wealthiest kids in my entire med school came from my ivy and happened to be URM and his dad was one of the first to get an MD in his home country. You are quite narrow minded individual to think that low-income means URM or vice versa. [/quote]
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