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College and University Discussion
Reply to "Do students at universities form social groups based on family income levels?"
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[quote=Anonymous]Typ 1-5 % families , in net worth , number ~ 5 mil max ( total US households ~160 mil).. now the family could be worth say 5 mil (~95 percentile wealth)but with 3 kids vs a family w/ net worth of 2 mil (92 percentile)but just 1 kid are really not far apart on a per capita basis and their affordability landscape would be similar… T20 admit about 30000 kids excluding ~20% internationals..~ 10-15% (up to 5000) would belong to 95+percentile and may be just~10% in the 99+ percentile category) This is roughly ~ max 200 kids . so families in say 85+ up to 94 percentile category will have lots of kids to choose from even assuming that 95+ percentile kids willingly or otherwise avoid them// Lower than 85 percentile (in net worth), would get aid , if admitted,in any case but that number is a minority (~max 25 %)[/quote]
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