Reply to Economic Diversity

Forum Index » College and University Discussion

Reply to "Economic Diversity"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's difficult to interpret these data, because the top schools are much more likely than others to meet 100% of the need of students from lower income families. So, e.g., only 14% of students at Yale are poor enough to qualify for Pell grants, but since Yale meets 100% need, all of them will be getting substantial financial aid. Students from families making under $30,000 will pay an average $7800 per year to go to Yale. By comparison, 22% of the students at NYU qualify for Pell Grants, but NYU doesn't meet full need, so the average price paid per year for students from families with income under $30,000 is $27,000--an OUTRAGEOUS amount of money that is almost certainly being financed with loans. You can see that by clicking the "net price" tab here:

http://nces.ed.gov/collegenavigator/?q=new+york+university&s=all&id=193900

So I dunno, is NYU doing these poor students any big favor?[/quote]

Low-income students at Ivies still take the Pell.  Elite schools that offer to meet 100% of demonstrated need on the FAFSA without loans add  Pells, SEOGs, and any state grants for which a student is eligible into their calculations.  So, yes Pells are a good indicator of how many low-income students a school accepts.[/quote]

Both schools actually give quite a bit away, but no one is clamoring for economic diversity at these schools so it is not a priority - yet.

Harvard and Yale didn't get endowments of 32 and 20 billion respectively by giving money away.[/quote][/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