Reply to Middle class families - Are you willing to take on a ton of debt for a top college?

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[quote=Anonymous]I wonder if "it's all about mingling with the rich and powerful!!" realize half of students at Columbia receive need-based financial aid? Or that 20% of Harvard students pay nothing? (Meaning their families make less than $65K/year). All Ivy-league schools and their equivalents have 45-60% receiving need-based aid, for that matter. So there's a very, very high chance of NOT dating/marrying/whatever an elite, ESPECIALLY if your kid doesn't come from that super affluent background as is the case here.

In fact, UVA has fewer kids from the bottom 60% than Harvard, Columbia, Yale, Penn, Stanford, Dartmouth, Cornell, Brown, etc. and very comparable # of 1%ers to all of those schools as well. If you really want your kids around the super rich, Ivy League schools aren't the place to do it. It's schools like Wash U, Washington & Lee, northeast LACs, etc. - 
See this article: https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html?_r=0[/quote]

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