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College and University Discussion
Reply to "Why so much UVA jealousy?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Glad you are a snobby rich person. For the rest of us, you need to understand better how college pricing has grossly outpaced inflation. And why you don't want to saddle your kid with 100Ks of debt dollars. https://www.nbcnews.com/feature/freshman-year/college-tuition-fee-increases-continue-outpace-inflation-report-n457396. Read Andy Ferguson's (now somewhat dated), "One Dad's Experience in the College Admissions Process" (the title is something like that), especially the chapter on how USN&WR has forever altered the admissions process and pricing. The rich full pay person is not paying for value - that $75K is going mostly to cover the marketing expenses that colleges must now do to increase the number of applicants, just so they can turn them down, thereby lower selectivity numbers. That's why students now have to apply to an absurd number of 15 schools on average. It's an enormous racket. I see no change or "bust" as some are watching for so long as LACs and SLACs bring in full-pay international students. I know law school deans who pack their T3 schools with Chinese students ready and willing to pay $100K a year.[/quote] [b]Again, you think rich are duped by marketing? That's why they're writing $60k-79k checks per year to top private colleges? Please tell me you're kidding.[/quote][/b] Not kidding. And a great amount of that 79K also is going to fund financial and merit aid packages. It's all about social and wealth redistribution. Have you applied to FAFSA yet?[/quote] The point is that I don't have to fill out FAFSA because we're not remotely eligible for aid but are delighted to pay full tuition for our DCs education. And you seem a bit dense but try to understand that we are perfectly fine if our tuition payments subsidize others, although indirectly. [/quote]
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