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College and University Discussion
Reply to "SAT distribution for top colleges--see how they hoover up the top scorers, leaving crumbs for the rest"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DC has a 1570 but isn't even applying to any of those schools. We make too much for Need-based and none of them give any merit to speak of. :/ yes we have college savings but not $800K+ ($100K/year times 2 kids) for just undergrad costs [/quote] 5-6 schools ivy/type give some amount of need based financial aid to students from households making 300k. A 1570 provided top rigor and top grades is best served at a T20/ivy or WASP. The most selective of which will likely give your family aid. [/quote] With the tax on endowments and the loophole of tuition paying students, expect to see these income figures to only increase. It is cheaper to give more aid than it is to pay the tax for some of these schools.[/quote] Agree. Maybe the constantly complaining rich DCUMers who think they are middle class yet make 300-400k household will be happy. Most ivies are already 60% on aid, it will be 75% soon. Full pay is becoming more of a negative these days. They say they are need blind, but they can see who checks the box for aid and who does not. [/quote]
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