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College and University Discussion
Reply to "US News 2020 rankings"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This ranking has become a joke. It's formula now favors really rich privates that can lavish their endowment funds on "poor" students, over colleges that may try to focus on getting academically well prepared students and not discriminate based on SES. This change in the ranking methodology will hurt middle class students a lot as colleges try to appease these idiots by now bringing in more Pell grant students at the lower end and fill the rest of the class with rich full pays to make up for the lost revenue. The folks that will suffer are deserving middle class kids that need financial aid but are not poor enough to qualify for Pell grants [/quote] I don’t know about this. Many of the schools who dropped in the rankings seem to be wealthy private schools that are good but not elite. I guess it’s true that they aren’t rich enough to fully meet student needs, like Harvard. But isn’t that something that should be considered? [b]Does it make sense to pay $70K a year for an undergraduate degree at B+ private?[[/b]/quote] That depends on your financial situation. Does it make sense to buy a Bentley? Well that depends on how rich you are. How does how much discounting a school provides in COA to poor kids based on the size of its endowment, reflect on the education for ALL KIDS in that school or across schools? or make it better than another school that chooses not to court such kids. Why should courting the poorest of kids and providing huge discounts be a priority for every institution. Its ok for some institutions to do this, but to shame others that don't do it is just crazy talk. And ranking and stacking institutions provides terrible incentives for colleges to shaft one set of kids to help another set of kids. I wouldn't want to buy a home in a neighborhood where a builder used this formula to sell his houses. "Hmm, you are poor, here, take this $1 Million house for free. Hey you, I see you are rich, pay $2M for this same house"[/quote]
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