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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People act like families are obsessed with prestige, but the price tag for private colleges is quite similar no matter what they're ranked, and the doors that open after graduation aren’t the same. This dropped into my inbox today and lays out the economics. 
https://k12intel.substack.com/p/the-problem-with-fit [/quote]

There aren’t enough seats at the elite colleges for the high stat students. More importantly, the elite institutions don’t even accept students solely based on their high stats. So I feel the author of the above mentioned article is ignorant of these facts. 
Most non prestigious colleges offer generous merit aid and that brings down the actual cost of attendance by a lot![/quote]
Yes, he seems to miss the fact that pundits like Bruni and Selingo are writing for donut hole families, for whom the economics of elite schools are in most cases quite foolish. Obviously anyone who will get a full ride at those schools should go there if they can get in. But that’s not the people who read articles and books about college admissions. [/quote]

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