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College and University Discussion
Reply to "If I am full pay, am I a sucker?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You’re a sucker in the sense that your full pay is subsidizing other kids. But at your alleged salary, it’s no big deal, right? In any event, try to adjust your attitude to understanding that there are those less fortunate than you are.[/quote] This is such a myth. Full-pay families are not subsidizing other kids because the cost per student is far more than the sticker price. Actually educating a student at an elite college costs $100K+/year. At these schools (the elite ones that don't really offer merit aid), the difference between tuition and the actual cost is paid for by interest from enormously large endowments. FWIW, I know that we are likely to be full pay parents, but I don't consider ourselves suckers. As one PP noted, I consider ourselves very, very fortunate. In the grand scheme of things, it is really morally appalling and politically unsustainable that there is such a huge difference in wealth between the top 1% and the lower 90%. [/quote] sjw[/quote] Envy looks unattractive on everyone. You are no exception.[/quote]
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