Reply to Rank the Big 10 academically

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DP, but the average caliber of undergraduates and the job options available to Northwestern grads is greater than those from UCLA or Michigan. If we're talking about the top 10% of undergrad populations from all three schools, however, they'd be quite equally matched.[/quote]

The difference is that the top 60-75% at NU can compete with the Top 10% at UCLA or Michigan [/quote]
NP. Out of curiosity just looked up NUs most recent CDS.  Out of 2,111 first time freshmen, only 1,008 were deemed eligible for financial. HALF the class can afford $90k per year?! Certified rich kids school. Jeepers. [/quote]

It's been that way for years.  35+ years ago it was 60%+ that were full pay.  Yes a lot of rich kids.  And then you had me and a lot of my friends, those of us on work-study, working every break we got, and having to manage expenses/spending money very carefully.

Frankly, it's like that at most of the T50 schools.  50-60%+ are full pay.  Why is that shocking?  If you make 200K+ (and have for at least 10 years as a family) you should be able to save if you value education.  Just saving $1K/month for 18 years would net you $216K without any market returns.  [b]That can easily be $300K+ if put in the SP500 index over that time, if not more. [/b] 
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Which would not cover the whole cost of four years, which tells you how ridiculous the cost of school has become.[/quote]

It's your choice to pay what you can/want for college.  But if you have $300K saved, you need another $60K for the final year.  If kid wants to attend, they can earn $10-12K/year and you can fund the remaining $20-25K with cash flow (you were saving $12K/year, just use it for college).

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Not the point of the comment at all. But okay, definitely justify in your own mind that $360k is a reasonable price tag for a BA.[/quote]

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