Reply to ok, don't crucify me.. question about financial aid.

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[quote=Anonymous]I agree that the pool of applicants applying to private schools is more than likely not the people anyone would agree are "deserving" of FA. Over the years, I have participated in numerous school fairs representing my DC school and I have given admission tours. If the applicant pool is representative of those I have spoken to when doing either I can tell you the poor and middle class are not applying in high numbers. There a few programs out there whose mission is so increase the number of lower income families applying but again, I don't think the impact they are having is so overwhelming such that they are being denied FA because a school is choosing to give more to the middle class. If I had to guess I would bet that the lower range of income at an elite private school (excluding teachers who teach for the school and send their kids there) is probably $150k-$250k. The overwhelming majority of parents at these elite private schools are law firm senior associates, partners, corporate business owners, corporate lobbyist, doctors, etc. The next range are high level government employees, nurses, federal law enforcement etc. these people are in the $150k-$250k depending on whether both spouses earn about the same. I think a combined HHI of less than $100K is an anomaly at these elite private schools, -!: typically will be single parents when they are present. I can't speak to why that it is, but I can only assume it might be a lack of interest, unawareness that FA exist, no desire, etc. I'm having a hard time believing it's because they did not get FA though. [/quote]

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