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Reply to "Colorado College missing enrollment targets"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Most SLACs/LACs had better get with the merit (e.g. discounted tuition) program, or they might find the customer base quickly losing interest.[/quote] Colorado college has a wealthier student body than Sewanee, so please…try again! The median income of a students family at Colorado College is in the $250,000 range. Your analysis sucks [/quote] You are looking at old data, CC undeniably has wealthy kids there, but their effort to redirect financial aid has driven down the median family income in the most recent Chetty data (to 155k versus 174k for Sewanee and 200k+ for W&L/Davidson/Colgate/Colby/Middlebury etc.). But you are missing the point. CC believes it is in the tier of schools that can fill its class without giving merit aid/ discounts while trying to charge $95k/year and maintaining need blind admissions. It isn't in that tier, it can't afford it, and like Kenyon, Sewanee, Bates, Furman and other 2nd-tier LACs is going to have to move to an explicitly need conscious admissions policy. [/quote] [quote] The median family income of a student from Colorado College is $277,500, and 78% come from the top 20 percent. About 1.8% of students at Colorado College came from a poor family but became a rich adult.[/quote] This is $100,000 more than what you stated. Can you explain that? They’re ranked in the bottom for % of students from the bottom 20% of incomes, so how are they enticing low income students? They don’t have them. https://www.nytimes.com/interactive/projects/college-mobility/colorado-college[/quote]
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