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College and University Discussion
Reply to "Do you think our graduating seniors will have a normal college experience?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Spouse works at a top private college with a large endowment. They are just waiting to see what the next fed budget looks like to start making cuts. Expect some of the following: --Cancellation/"Pauses" of all Phd programs -- Getting rid entirely of less popular departments that can be deemed non-essential to the mission. I think any ethnicity or women's studies likely on the chopping block, but also some humanities departments with low enrollment --End of anything DEI --End of merit aid --End of any non-essential spending on student services Again this is a well funded school, so expect the same or worse elsewhere. [/quote] My DC is in at a mid-sized private schools with a decent merit aid package that is for 4 years assuming DC keeps up the grades. Would those be in danger?[/quote] My guess is that, unless they are on the brink of bankruptcy, schools will not rescind merit awards for current students. In addition, because schools depend on partial-pay families middle income families (i.e., those who get merit), they will not want to scare off the next few years of applicants. The real victims will be poor kids, who depend on full or almost full FA to attend. They will be SOL, I worry. [/quote] spend some time away from here and on r/academia or r/professors or r/askacademia or r/highereducation. so many people inside universities commenting right now.[/quote] Lots of people commenting lots of things. . . . But the fact is, most schools are tuition dependent; they use 'merit' awards as a differential pricing mechanism. Rescinding merit would result in fewer (partial) tuition-paying students and a loss of income. Most schools outside of the T20 won't be able to afford that. They need those families who are chasing merit. Income-based financial aid, much of which goes to students from families with very limited ability to pay, will suffer.[/quote]I think most of the T75, maybe T100 can fill their class without merit, keeping in mind that many of those schools are nit need blind.[/quote]Not without accepting large numbers of far less competitive applicants.[/quote] The world has changed. They need to care only about finding candidates who can pay. Its a whole new world.[/quote] No, the schools need to make sure they can cover their costs (plus, hopefully, add to their endowment / reserves) and continue to attract future students. One strategy for doing that would be to admit only (or mostly) full-pay students. [b]However, relaxing admission standards will undercut their brand value and undermine their future viability. [/b] Continuing with a differential pricing model (i.e., giving merit aid to donut hole families who might otherwise choose cheaper schools and very strong students who might otherwise choose more highly ranked schools) seems more strategic in my opinion. But again, we lack data. . . .[/quote] Not really. Only in the last 15-20 years have colleges become so hyper competitive. In the 80s and 90s these same colleges had laxer academic requirements and they did quite well. I think they will be ok if they focus on financial preservation instead of attracting best & brightest. [/quote] Same. And there might be less protests, more collegiality and frankly more social and fun environments.[/quote] Let's look for the upside.[/quote]
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