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Reply to "Syracuse University issues financial warning as admissions slump: We’re in the red"
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[quote=Anonymous][quote=Anonymous]My DC just turned down Syracuse this cycle. It was in their top 3. We loved it when we visited, and the business school was very impressive. Required kids to have internships to graduate, and kids were all doing a capstone presentation when we visited. Beautiful campus, although the city is run down. But we absolutely could not justify the cost. Syracuse offered $20k merit originally and then another $5k off, but that still made it $72k/year and that was just for freshman year. Tuition has been going up $5k/year. Notice I did not say we couldn’t pay the cost, we just didn’t find it to be worth it, relative to the other options. DC’s older sibling is at an SEC school with a scholarship where the tuition is the same as our in state public. But DC didn’t want to go South. DCs other options were between $40-55k all in. They are very happy to have saved $100-$150k, and they will likely have the same outcome after undergrad. [/quote] Did they start offering merit aid at acceptance or was it more and more after the deposit deadline? I know many were upset that Syracuse was seemingly given out tons of aid. The problem in trying to "buy" these students at the end of the process is that there is a lot of ill will generated, not to mention the horrible image. Looking back, you can see the panic that Syracuse is going through in trying to get enough students who actually want to attend the college. With a yield rate under 20% and an acceptance rate which is shooting up. Syracuse hasn't even published its 2024-2025 common data set. I wonder what its real acceptance rate is now? It is probably above 60%, if not higher. We have to speculate because Syracuse won't tell us.[/quote]
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