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College and University Discussion
Reply to "Endowment per student rankings"
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[quote=Anonymous]I went to a massive flagship, got a great education, and had a great experience. I felt like my school had a ton of resources but that students had make a bit of effort to find and obtain them. My DC is now in one of the schools in the top 10 of endowment per student. My take is that it certainly makes a difference but only up to a certain point. Here are the advantages of having a massive endowment: * More generous financial aid: This is great if you need it. It also gives such schools an advantage in creating economic diversity. * Grants: E.g., getting paid by the school to do a non-profit internship, getting funding to travel abroad for the summer for an academic program, getting funding to do an expensive research or art project. * Hidden perks: Free laundry, book-and-supply credit, travel allowances, constant free food, etc. * Money for clubs: It's pretty easy for a student organization to get money from the school for whatever it is that they do. * More administrative support: This is usually but not always the case. I think the career counseling and advising services at wealthy schools are usually better than those less funded schools. All of this stuff is great, particularly if you're low income or middle class. But none of it is vitally necessary. I never felt like I was deprived of opportunities or resources in my own education (well, more advising would have been nice), but I'm also grateful that DC has them so readily available.[/quote]
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