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College and University Discussion
Reply to "What is really behind the surge in applications to top colleges?"
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[quote=Anonymous][quote=Anonymous]I think financial aid has something to do with it. 60 years ago, most people just KNEW they couldn’t afford it and didn’t bother trying. Now, there are student loans and FA and fatter School endowments so there is a higher likelihood that the 99% can attend what used to be reserved for the 1% [/quote] +1 Years ago (before the Internet) most people didn't know how to game the system to get more aid. And it was not as common to go into heavy debt for a college degree. If the sticker price was more than you could afford, and you didn't get a big scholarship, you didn't attend, period. You just went to a "no-name" school or a community college. Average people were far less willing to pay for prestige than they are today. [/quote]
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