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College and University Discussion
Reply to "Are top private colleges mainly for poor people now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Families in the bottom band of the upper middle class can't afford to pay for t20 schools. Everyone else can. The system excludes one group of students from those elite schools. It excludes no one else. That's about it.[/quote] $120-180k is squarely “bottom of the upper middle class,” and they get good financial aid.[/quote] But $200K is not that much more than $180K, after taxes.[/quote] There will always be a "cutoff". But those making $180K are not getting full rides, they are getting some financial aid. Someone making $200K has the ability to send their kids to State schools or OOS equivalent for minimal debt. For someone making $100K, unless they find a "meets full need" school (most are in T25-40), they probably have not had the means to save enough for even In-State. So Majority of MC/LMC are left out of attending college without major debt. I'm much more concerned about that and it's impact on our society than the "we make $250k and cannot afford Harvard" crowd. [/quote] Yep. But this is just a tarted-up version of complaining that the poor have it too good because they get so much free stuff. It betrays a total lack of understanding of what assistance is actually available, and what living on a true MC/LMC/LC income is like. I'm happy to talk about the rising cost of college and other issues, but as someone who expects that her kid will not receive a dime of need-based financial aid despite the fact that college tuition will be a very hefty percentage of our income, I'm not sympathetic to my fellow $200K-$400K earners upset that they can't afford tuition at one of a very few institutions in the country because they've convinced themselves that they are the only ones worth attending. [/quote]
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