Reply to I predict one top school will be all-scholarship in next 5 years.

Forum Index » College and University Discussion

Reply to "I predict one top school will be all-scholarship in next 5 years."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I think this will happen quickly, it will be tied to a named donation (ie Langone at NYU), but I think it will be Harvard. There's too much glory in going first to pass it up. Or someone who is top 25 but not top 5 (see below)

Curtis vs Juilliard is a great example. Maybe a bit too IYKYK for this board, but Curtis is more prestigious and much harder to get into and that's because of a decision that was made a long time ago. Does Juilliard suffer? No.  Would Curtis have become Curtis if they charged tuition?  Who knows.

These schools are thinking about the next 100 years.

I think there's also a chance some lower ranked but still top 25 school does this to catapult themselves to the elite. I've heard a discussion that argued going all-scholarship for tuition and leaving room and board at cost. It's reasonable to take loans that total under 40k for an elite education. And if you're only paying room and board, btw working summers/Pell/work study/RA opportunities and loans, that's possible. It reverts to numbers we had in the 80s and 90s.

Some top schools have also gotten some blowback in giving full COA to international kids (while getting US tax breaks by US tax payers).  This could thread that needle.

It's going to be hard for a school that already has moved the direction of need blind for all even international kids to reverse course, but someone could jump in front with a new model: all-scholarship, no FA available for housing or eating. Very transparent. [/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