Reply to Jeff Selingo on people skipping "target schools"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Markets will adjust and Ivy-plus will begin offering more made or reducing cost of attendance in other ways.[/quote]

+1 This!

At some point the 'bubble' will burst and even the Ivy-plus schools will have to adjust as there won't be enough people with the requisite stats and also wealthy enough to pay for 5%+ expense increases per year. Either they'd have to significantly lower standards to let in others who can afford it or get creative with pricing and aid (eg. do what Purdue U. is doing) in order to maintain standards.  Bubbles eventually burst no matter how long it takes, circa 2008 Real Estate.[/quote]
Ivy+ are need blind and meet 100% need. So don't hold your breath for anything to change.[/quote]

You will have to be poor or rich to attend these schools.

They have made it impossible for the vast majority of middle income families that will get zero aid.[/quote]

That is what is starting to happen at these top need-blind schools that cost an arm and leg.  You have the poor Pell grant kids or kids that get massive need-based aid (parents make under $75-110k) and then you get the families that are making $500k+ (or $300-400 in low cost areas--not the DMV).

So the campuses are going to be pretty much like its getting in America...the very rich and the very poor.

It's not good for anyone.  The mid gets screwed.[/quote]

$150k-220k are effed.[/quote]

So they go to Denison with merit aid instead of Colby.  Big deal. And perhaps eventually Denison becomes better than Colby because they are able to attract the high performing children of effed donut hole families whereas Colby prices them out and is left to choose from only super rich and super poor.[/quote]

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