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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Keep telling yourself that. Full pay really isn't a hook at schools admitting under 10 percent of applicants (and also happen to give significant financial aid).[/quote] Right. Tells me pp knows nothing about top schools. Soo many people can pay full price for top schools. [/quote] So naive… “When it came to the Ivy Plus schools (the plus being the University of Chicago, Duke, MIT, and Stanford)…chances of admission are lowest for children of the top 5 to 10 percent, who earn $158,200 to $222,400 a year. These applicants fare worse than both kids who are richer than them and kids who are poorer than them, all with similar test scores.” [b]“Many elite schools also try to drive up their “yield rate,” the percentage of accepted students who actually enroll. And that’s why, for kids in the top 5 to 10 percent, “if you don’t apply early decision, which is binding, you’re probably not getting in,”[/b] Selingo says. “This income bracket tends to comparison-shop merit-aid packages or discounts in regular decision, and colleges know that, so they know their chance of yielding these kids is lower.” [b]Another way of looking at it: A student who requires need-based financial aid clearly can’t pay, and a one percenter clearly can pay, but this income bracket is a wild card.[/b] Selingo says if they get “gapped,” meaning there’s a gap between what they can pay and what they’re being asked to pay (even with merit aid), the college will lose them. [b]“That’s why these schools don’t love to admit these kids,” says Selingo.[/b] https://nymag.com/intelligencer/article/college-acceptance-rates-ivy-league-schools-wealth.html[/quote]
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