Reply to CA Governor signs bill to ban all legacy admissions at private CA colleges (USC, Stanford, Santa Clara, etc)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Serious question. Why would an alumn give money to his/her school if there is no way it will help your child even in some small way don’t the road?  Isn’t this going to kill alumni giving?. [/quote]

Yes[/quote]

Doesn't seerm to slow down the giving from MIT alum.  But MIT alums tend to believe in merit more than others.[/quote]

+1[/quote]

I'm an alum of a California private school (not USC or Stanford).  I'm not a mega-donor, no expectation of my name on a building or anything, but I give what I can. This change will not affect my giving whatsoever.

Why? Because as a student, I benefited from an alumni-funded grant and scholarship program. Because of those grants and scholarships, plus work study and my parents contributing what they could, I graduated with exactly $500 in school loans. I'd have been much more in debt without those alumni.

So now I give directly to that same alumni- funded grant and scholarship program, plus to some other earmarked programs that interest me. My own kids will probably not benefit from them, and that's ok. They benefit from what I do for them here in our house. Maybe one day I'll hire someone from the programs I helped fund- that would be really neat. Even if it's not my own kids (who will be fine charting their own paths).[/quote]

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