Reply to Top Colleges Are Cheaper Than You Think (Unless You’re Rich)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are there seriously people here making 200k+ and bitching about not getting need based aid? Do you even listen to yourselves?[/quote]

I have been trying to say this, but in a kinder way.  It's a sensitive issue.  I agree with your point but your method is questionable and won't convince anyone.  It's hard when you realize you haven't planned properly to give your kid something they really want.  It's painful.  A little sympathy and understanding is called for.[/quote]

Are you reading what people are writing?

People are planning and saving.  And it is still inaccessible.[/quote]
So, send your kid to a good state school. Really how is that even close to a bad thing?[/quote]

Agreed, that is what people are doing (and that is why the flagship schools are increasingly difficult to get into), but that's not the point of this thread.

Read the OP - the assertion is that elite schools are accessible to all.  They are not.[/quote]
[b]They aren't and never have been accessible to everyone, hence the 'elite'.[/b] The whole thing has devolved into a bunch of rich people whining that they are expected to pay for their kids to attend college.[/quote]

From a financial POV, actually, they used to be accessible to everyone.

These are the facts about the cost of college, including at elite schools, relative to median HHI:

https://college-education.procon.org/view.resource.php?resourceID=005532

https://www.cnbc.com/2017/11/29/how-much-college-tuition-has-increased-from-1988-to-2018.html

It used to be that a student could work his way through college relatively easily, and that a student at an elite school could pay for a significant portion of the cost.  This is no longer the case.

https://www.theatlantic.com/education/archive/2014/04/the-myth-of-working-your-way-through-college/359735/

Facts.

[/quote]
Nope, college in general used to be less expensive, no one disputes that, but there has never been a time when "everyone" could afford to go to whichever college they wanted to attend. You are just upset that you aren't quite as privileged as you thought you would be. [/quote]

It was certainly a lot easier in the past so why are you seemingly justifying that it's no longer so easy? No one, rich or poor or middle class, has benefited from the astronomical rise in college tuition. So instead of complaints about privilege (a major red herring that says more about you than the reality), can't we just talk about the real issue, [B]which is why colleges are so damn expensive now? And what do we get in exchange? {/B]

[/quote]

+1[/quote]
You get a certification in exchange for your tuition. That is what you are paying for. Knowledge is pretty much free these days. [b]The certification allows you to earn higher wages in most cases[/b], thus the expense. They charge what they feel the market will bear. [/quote]

The absurdity of this, of course, is that many of the kids who will go on to earn higher wages compared to if they got a shittier (or no) college degree will just end up trapped in the same cycle that so many on here suggest is the norm: that they will spend much of that higher income on childcare and then saving almost all of it to send their own kids to college one day -- so that their own kids can enjoy the thankless benefits of a higher wage associated with a good college degree.  [/quote]

I graduated from Wellesley in the 1980's and none of my classmates have been able to afford to send their own kids there -- except for a couple of gold digger types who snagged guys out of Harvard Business School.  But nobody ended up making so much money that they could actually afford sticker price.  The only ones of my classmates who made big bucks didn't end up marrying so theoretically they could have afforded it except that they didn't have kids.  My husband and I wonder if we are downwardly mobile since we have three kids and can't afford to send them to our alma maters, even working two full time professional, white collar jobs.  But the data suggests that we are not alone in this.  On our street there are people who graduated from Duke, Wellesley, Dartmouth and Princeton but [B]all the kids go to Virginia state schools.[/B][/quote]
That's because Virginia has some really great state schools which provide a decent value for the money spent. Perhaps your neighbors know something you don't.[/quote]

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