Reply to Do you make $400,000 a year but feel broke?

Forum Index » Money and Finances

Reply to "Do you make $400,000 a year but feel broke?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]just the elite private schools, and those are, and always have been, elite. The wealthiest have always had the best access to those schools. I have never before heard someone argue (let alone so strenuously) that there should be compulsory financial aid programs, financed by the wealthiest, to make these schools more affordable. It's bizarre. [/quote]
I actually find it bizarre that people think it's good that the system perpetuates preferred access for the elite.

Let's look at the equivalent schools at the college/university level.  50 years ago someone might have expressed the view that Harvard should exist for the purpose of educating the elite, yet today it strives to support 100% of demonstrated financial need.  Do you find it bizarre that Harvard doesn't attempt to exclude populations of students based on financial status (and that this policy was financed by the wealthiest who set in motion a sufficient endowment)?  If not, why should the secondary school system strive any differently (assuming the schools have sufficient endowments to do what Harvard does)?[/quote]

Harvard has billions in endowments. The Big 3 don't.[/quote]
I think the Big 3 can afford to give a $2,500 to $5,000 per student grant to a family sending four kids through and paying $100+k per year in tuition if that family has some economic need.

As for Harvard, it has that endowment because it has done for decades what I'm suggesting the Big 3 should strive to do as well.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics