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College and University Discussion
Reply to "How to make a kid feel better about the college options they have "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread seems to have touched a nerve. I think this year has opened the eyes of the privileged regarding what happens when the masses awaken. In the past, private school kids in metros knew they would apply to elite schools, and they expected great results. With test optional, smart kids across the country of varying or no levels of privilege applied to the same schools. With greater competition, it’s less clear, now and in the future, that the privileged will have the access they once enjoyed. Many are mourning the loss. [/quote] I am curious how the kids with little to no privilege are paying for these elite schools? Loans? Financial aid?[/quote] Yes, financial aid, most of it federal, state, and institutional grants. [/quote] To get a sense of an aid package, go to the net price calculator for an elite school and enter a family income of $50k, $75k, $100k, $125k. It’s almost all grants. [/quote]
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