Reply to People with $1.2M+ homes and getting significant financial aid

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
I hate the building a diverse socioeconomic class.  I think it breeds resentment, see this thread.  I think humans are really bad at it.  They make mistakes.  They are biased in their selections.  It’s much harder to get the socioeconomic diversity right than straight academics of the child.  I’ve lost this battle in DC and know I’m in the minority. But clearly lots of folks are unhappy with the status quo.  [/quote]

I don’t see any evidence of DMV privates building a diverse socioeconomic class?  I think the point of this thread has been that FA goes to professional class families, not low income families. Or is your point that FA should not exist. (Genuine q.)

[/quote]

No, PP here, and I 100% agree with you that that is the actual effect of FA (it does not build a socioeconomically diverse class but goes to professionals) BUT it is 100% the stated goal of FA (to bring in needy kids from low income families who could otherwise not afford it).  Listen to the people on here defending it: it’s purpose is ostensibly to build that diversity class.  You and I agree that it doesn’t in fact, of course, do that.  I’d be 100% behind scholarship type awards for academics and sports.  [/quote]

I honestly don’t think most current families who are wealthy enough to give large sums of donations truly want that money going to academic high flyers or standout athletes who will push their own kids down in the rankings. Just being honest. Alumni might donate with this intent but not current families. Just think about it…[/quote]

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