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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean that means 33% of the student body is still paying over $80,000 a year. I’d say in my friend group only 20% of families could afford to send their kids to a Princeton priced school full pay and everyone went to college/most to grad school.[/quote]

What percentage of that 33% is extremely wealthy?  I bet it's extremely high.

This kind of barbell demographics (poor and super rich) make for some really weird social dynamics.  My kids attend a DC private and it's a microcosm of this: you have financial aid kids and extremely wealthy kids and very, very few in between.  Almost no one is the child of two feds or a doctor and a teacher.  They'e either the kid of a single parent or a CEO.  And as much as the high school wishes the two groups would mix, they rarely become more than superficial friends.

[/quote]

This is obviously not the Princeton situation with incomes over $300k being part of the 67% getting aid — they aren’t a big lump that can be called “poor.”  It seems that the UMC DCUM crowd is torn between two complaint narratives:  that they are donut-hole families who can’t afford Princeton and simultaneously (unhooked) white-privilege families who Princeton’s admissions department is determined to reject.  Or maybe they embrace both narratives.

I went to Princeton a long time ago, and I can tell you that the overwhelming bulk of the students came from families with incomes (adjusted for average wage inflation from then to now) that would put them into the financial aid bucket these days.  So the fact that 67% get aid does not mean that Princeton is enrolling a lower % of their historical clientele (from an income standpoint).  What’s maybe going on is that the wealth of the top 1% has exploded and that you folks on the bottom half of that 1% are feeling simultaneously unwanted and strapped for cash.[/quote]

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