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College and University Discussion
Reply to "Bloomberg ROI metric for top 25 schools"
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[quote=Anonymous][quote=Anonymous]Once again, this list, which is the same list as the WSJ list thread only pulls numbers "For undergraduate students receiving federal financial aid". That is why the list doesn't mean what you think it means, OP. Did you even bother reading that part? There are lots of donut families who don't receive federal aid. There are families who pay for college with 529. Typically, state univ are cheaper and don't require that much federal aid. So, once again, that metric is really only meaningful if you take federal loans. The majority of students/families do not take out federal loans. Now, do you understand why this list is meaningless?[/quote] Once again you are totally backward and wrong. This is for anyone who received/used any form of federal program - grant, subsidized loan, unsubsidized loan, plus loan. Donut families are likely to use Federal parent plus loans. 34% of undergraduate students receive a Pell grant alone. The Majority gets one or more of these. Nobody cares about where Trump's son goes, what he majors, and what he makes after graduation. Probably making multi millions right after college working for his dad. This data actually eliminates these kinds of people that often skew the real number for real people. The data comes from IRS, loan servicing companies, etc. rather than 'self-reporting' numbers by schools. This is the most reliable income data worth referencing for low income, mid class, umc folks.[/quote]
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