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Reply to "Are privates that don’t offer merit aid still enrolling the best students?"
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[quote=Anonymous][quote=Anonymous]I’ve thought about this too. I think the $85k a year schools must have such a strange assortment of socioeconomic backgrounds at this point. 50% mega wealthy, 25% with mega wealthy grandparents, and 25% financial aid students. This is not diversity in background or perspective. [/quote] It’s more like 55 wealthy/45 below 120k in family income. With the Ivy League schools and peers, maybe you get some lower income donut hole families who push the envelope on their family finances for that fancy degree. Perhaps 10 pct of students. You probably don’t see as much pushing of the envelope at second tier schools among the donut hole class. [/quote]
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