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College and University Discussion
Reply to "Rank the Big 10 academically "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DP, but the average caliber of undergraduates and the job options available to Northwestern grads is greater than those from UCLA or Michigan. If we're talking about the top 10% of undergrad populations from all three schools, however, they'd be quite equally matched.[/quote] The difference is that the top 60-75% at NU can compete with the Top 10% at UCLA or Michigan [/quote] NP. Out of curiosity just looked up NUs most recent CDS. Out of 2,111 first time freshmen, only 1,008 were deemed eligible for financial. HALF the class can afford $90k per year?! Certified rich kids school. Jeepers. [/quote] It's been that way for years. 35+ years ago it was 60%+ that were full pay. Yes a lot of rich kids. And then you had me and a lot of my friends, those of us on work-study, working every break we got, and having to manage expenses/spending money very carefully. Frankly, it's like that at most of the T50 schools. 50-60%+ are full pay. Why is that shocking? If you make 200K+ (and have for at least 10 years as a family) you should be able to save if you value education. Just saving $1K/month for 18 years would net you $216K without any market returns. That can easily be $300K+ if put in the SP500 index over that time, if not more. [/quote] Agree. Its not that hard to afford 90k per year on 220k+ HHI if one has saved some, and at some of the best schools (ivies), they offer need based aid to households in the low 200s or so! In fact the ivies have shifted to have 55% on at least some need-based aid, only 45% full pay. Full pay used to be 55% at these schools a few years ago. These schools are using quotas to keep the full pay % less than half on purpose. They won't go back; ranking counts SES factors and need-based aid. Ivies and the like are LESS rich than many schools a few steps down. [/quote]
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