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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't believe you[/quote]

This is an odd post.[/quote]

Under the circumstances OP has described, I don't believe an Ivy would require the parents to pay 75k.  I just don't.  [/quote]

That is exactly what Ivies (excluding Princeton) ask of families such as described. We were in the same position last year with slightly higher income and the schools asked for between $63k and $72k. It’s obscene how bad the financial aid is at the Ivy league level. [/quote]

Not to be a turd by why do the schools "owe" you aid? Going to an Ivy is a privilege, not a right. If you can't make it work, I'm sorry. Lots of other great schools out there that might be cheaper.

And sorry if people have multiple kids. Should have thought about that before having more kids (I feel a bit worse for those with twins). I knew what I wanted to be able to pay for for my kids and that having more than two kids would prohibit that, so we stopped at two. Three would have been nice but the sacrifices weren't worth it. Plus the fact that you get more aid if you have two kids in college at the same time but less if kids are further apart? That makes no sense.[/quote]

Because we as a country still like to believe in the myth of meritocracy, that elite college slots goes to those who earned it on merit, and that college is the gateway to upward social mobility. And these elite institutions with more money than entire countries pay virtually no taxes on the assumption that they're doing a public good and serving society.

And it's very fair to question the outrageous cost of higher education. It's like this nowhere else in the world. Even UVA in-state is over $40,000 per year. That is not accessible or affordable to the vast majority of Virginians. An undergrad can't borrow enough to cover even a quarter of that. [/quote]

Upward social mobility isn't always zero to sixty in one step. Sometimes it is multi-generational. Poor FGLI kid goes to a good state school to step up the social class ladder. Then perhaps their kid makes the next jump to Ivies.

I am supportive of financial aid and helping families. But I think that schools have gone overboard with the virtue signaling and tripping over themselves to attract low income families. Some number of them is great, particularly the many who truly deserve to be there - as you said, "meritocracy." But diversity for the sake of diversity, which is currently often the case, is going too far. I think the NY Times had an article a year or two ago basically shaming schools for not having enough poor kids. Really? If it was zero I would get it. But they all had a fair amount and the Times was making huge generalizations saying the school with 12% is much worse than the one with 14%, which is basically statistical noise and still more than enough. I say this as a lifelong Democrat.[/quote]

This is a weird take. Most people acknowledge that smart kids with raw talent can come from any income group. Most people who go to an elite college want to be surrounded by the best and the brightest. If only kids whose parents can afford nearly 100k per year to attend, the students won’t be the best and the brightest, and it won’t be the educational experience marketed.

Right now, most ivies have only about half of families receiving ANY aid at all. That means half come from families making enough money to shell out around 100k a year. That’s an insanely out-of-whack distribution. It means that most students come from the top 5% in terms of wealth, even though intelligence isn’t distributed accordingly. That’s worthy of criticism. It’s especially worthy of criticism when these schools have tens of billions in assets shielded from tax liability but exist to overwhelmingly serve the rich. It’s not right. [/quote]

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