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College and University Discussion
Reply to "UVA acceptances and socioeconomic status "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't doubt it. The wealth of out-of-state kids in the first year class is absurd. My child went to a 55k private so is no stranger to being around money but has never seen wealth like there is at UVA among many OOS kids. They had a professor comment on it, unprovoked during office hours because the professor feels like it's really increased in recent years. [/quote] Hearing the same about private colleges. I think wealthy has just increased so much in the past few years. A nice, $2m house is now $3m or more. People feel poor making $500,000 a year. [/quote] 500k feels poor? [/quote] No. But it doesn’t move the needle or qualify as “rich” in the eyes of colleges. For those spots (which mirror the FGLI spots on the other side of things), top colleges are looking for wealth at least a few levels up from merely earning $500k of annual income. They’re looking for families with the ability to make seven-figure donations. [/quote]
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