Reply to Are top private colleges mainly for poor people now?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just to confirm--OP and a few others on this thread are arguing that low-middle or middle-class families (approx. $65-150K) are poor and therefore, 2/3 of elite schools are full of poor (lower class) kids??

OP, do you consider everyone under $200K poor? So there are only the lower class, UMC, and the UC/wealthy?

[/quote]

I would consider someone poor who qualifies for financial aid that is basically or equal to a full ride. Perhaps poor is too harsh. I don’t mean it in the sense of indigent. I mean it in the sense of someone who has minimal ability to accumulate savings, is basically just surviving, and has insubstantial assets. [/quote]

Thanks for clarifying. Yes, the use of the term poor is too harsh and doesn't describe the dominant population at schools such as Harvard. Poor people don't have the money to address basic needs to survive. You are describing the lower/middle class that can afford at least their basic needs.

Harvard classifies these students as middle class and part of their Middle Income Initiative, which was launched in 2008: https://financialaid.hcf.harvard.edu/hmii

https://financialaid.hcf.harvard.edu/hmii[/quote]

But what Harvard is overlooking is the upper/middle class--just above their need based cut off--who really can't afford 80k a year.  These people are totally iced out or really have to sacrifice to make it happen.  In many respects, these people are the backbone of America--the hardworking professionals, dual income, teachers, healthcare etc.  Gosh, maybe they even saved some money along the way as they have made responsible decision after responsible decision.  The children of this segment of the population are the ones who lose. [/quote]

:roll:  :roll: Oh, please. In 95% of America, dual income teachers, social workers, nurses, firefighters, etc. are making well below the threshold for financial aid at the Harvards and Yales. [/quote]

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