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College and University Discussion
Reply to "dont be in the 60th to 99th percentile in income"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][img]https://pbs.twimg.com/media/F1zLKAYWcAEwDiX.jpg[/img][/quote] Although the graph is interesting people are treating it like it’s some nefarious plot. There are far more students in the 60-99% income range applying to college than below 60%. And for the top 1%, there’s not that many of them and they apply mainly to the legacy institution, so of course they have a higher rate. Basic statistics people…[/quote] I just looked it up and 15% of Harvards class is from the top 1%. https://www.nytimes.com/interactive/projects/college-mobility/harvard-university[/quote] That also says that 52% of Harvard students are between 80 and 99th %ile and 4.5% are between 0 and 20th. But somehow DCUM's take away is that the people in the 80th %ile are disadvantaged over the poor people. [/quote] +1 Always amazes me at the DCUM people complaining that they make $175K and how terrible it is that they can't afford college, [b]when there are plenty of people living on $65-75K[/b]. If college is important to you, then you can find a way to save. If you were making $100K 10 years ago and now make $175K, then you could have been saving that extra amount each year and not let your lifestyle increase. Instead you played keeping up with the Joneses. [/quote] The people making 175k are 100% full pay. Private universities like in this article are approaching $90k PER YEAR. $360K FOR AN UNDERGRAD degree--more than a house in most areas of the US. People making $65-75k will be able to attend need-blind schools FREE. Ivies will be free. If you live in North Carolina and some other states--in state tuition is completely free. Anyone making under $150k in NC no longer has to pay a single dime for tuition in NC. [/quote] s0 YEAH--the families busting @ss in high cost living areas making $160k are rightly pissed they are paying $360k for a 4-year BS/BA degree when over 52% of the kids in their child's class are paying $0.[/quote] And is a nutshell this is why the 1% are over-represented compared to the 60-90%.[/quote] I think you are suggesting that the NYT graph reflects students choosing to apply to different schools or attend different schools based on cost. But that isn’t what the NYT analysis finds. It finds that among those who applied, the odds of being admitted are very different based on income percentile, after controlling for SAT scores, academic achievements, and application rates. This is purely about the decisions schools make, not decisions students are making about where to apply or attend. [/quote]
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