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Reply to "Is your school “too generous”"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's in poor taste for you to blame a school's financial situation on financial aid. Why don't you have a look at the annual report and Form 990 and see what you think of their executive compensation, for example. Financial troubles can come from all sorts of places, such as weak fundraising, costly facility issues, having a top-heavy staff, having to pay a legal settlement, an ill-considered building project or relocation, and poor management of the endowment or a recession harming returns. As others have pointed out, the aid is there in part to make the school attractive to desirable candidates. It's a competitive market for the brightest and most talented kids. You can't fill up a school with full-pay kids and have the same academic and athletic outcomes.[/quote] What makes you think the academic and athletic outcomes would not be better with full-pay kids?[/quote] Because there are only so many full-pay kids who are also top performers. Many schools are competing for them, and they can also get into selective public schools. There's not enough of those kids to go around to go around, and they have other options. I don't know why a school that OP describes as having declining facility condition, declining faculty quality, bad food, and bad after-school offerings would be able to attract enough of those kids to fill up. [/quote]
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