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College and University Discussion
Reply to "two kids in college - what is prestige worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Because Grinnell's endowment was in Berkshire Hathaway stock in in the 60s and because it was the principal capital source for Intel. They later put a lot of their money into the Sequoia fund. Nobody claims Princeton had such generous aid because they can't get kids to apply. [/quote] OP, you were complaining about how no one you know has heard of Grinnell. We were explaining that the big merit $$ from Grinnell gives out come with a price -- no brand recognition, let alone prestige. Princeton does not give out merit aid despite having a $37 billion endowment. Grinnell only has a $1.5 billion endowment and gives out merit aid because T10-level students would never show up otherwise. Deflect if it makes you feel better.[/quote] For a family that would face serious hardship, such as screwing another kid over, if it sent a kid to Princeton, and Grinnell would be much more affordable, Grinnell is good enough that it would be fine to send a great kid who could handle the location to Grinnell. Grinnell is a spectacular school with great outcomes, and people who really know about schools know that it's a fine school.[/quote]
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