Reply to As schools near $100K/year when will that affect the pool of students?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I honestly don't think so it will ever affect the quality of pool of students.  Like many have said the demographics at these expensive schools will change but quality would not.

So more international, celebrity & rich kids. specially the ones that want to return back to their home country to join dad's business or son/daughters of Indian actors for example. They will subsidize the fees for very smart kids who qualify for need based aid.

Then there will be families who have sacrificed many many years on vacations, and quality of life to pay for kids education (read lots of MC/UMC families especially Asian immigrants who value education highly)

And then finally, families who go under massive debt to pay for the kids education.

[b]I think what would change, are the employers and grad school admissions POV- kids in mid ranked school will not be penalized. There is growing awareness and acceptance that top kids don't always end up at top ranked schools because of many factors[/b] 1) cost and 2) Diversity 3) Competitive majors 4) Just the overall lottery. That doesn't mean these kids are less capable than Ivy league kids[/quote]

You are living in dream land.

All of these “problems” existed when I was applying to schools in 2002 and employers didn’t care then. They won’t care about your kids either. You’re just surprised because you’re downwardly mobile.[/quote]

+1 As long as hiring managers care, then the school name matters. [/quote]

There have always been “donut hole” families. DCUMers are just surprised because their parents weren’t. [/quote]

The fact is most hiring managers do NOT care.  It's only a few areas that really matter (NYC finance and PE).  And after the first job, nobody cares.  GMU sends kids to FAANG, just like Harvard, Yale, and VaTEch do.  A kid with the drive to get into a T20 will excel at any school and likely come out at the top at a non-elite/t20 school and means they will easily be hired by a good company.  The notion that it really matters where you attend undergrad is a bit overblown on DCUM.  Just look around at your place of employment---how many people do you work with that are T20 grads?  Look at the Exec Team, how many are T20 undergrads?  Most likely not that many.  It's what you do at school and on the job that matters.  [/quote]

I agree. Also, people in the DMV area forget that the school names that are big here are NOT big outside of this area. VT doesn't have the same name recognition as UCLA. In fact, my ILs, who live in AZ, thought that Virginia Tech was a technical trade school and asked what trade my DS was going into when they saw his acceptance announcement. J[b]MU? W&M? W&L? No one who isn't from VA knows those schools or why getting into them is so difficult. [/b]

I started my career in recruiting and hiring in CA (NorCal area). I hired just as many developers from MIT, Stanford, and UC-Berkeley as I did from U of DE, Davenport Univ., and Bloomsburg Univ.  [/quote]

Utterly and completely false.  Provincial and ignorant, much?[/quote]

If you think PP is wrong I think it’s you who is provincial. Recruiters outside the mid-Atlantic think these are on par with directional schools in other states. Which actually, I suppose they are. [/quote]

+1. I’m from the West coast originally. No one there cares about East coast colleges except the Ivy League.[/quote]

No one cares about West Coast schools outside of UC, UCLA, Stanford, Cal Tech and maybe UW. The lesson is outside of the top schools everything is regional and you should go to school where you want to live[/quote][/quote]

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