Reply to DH is not impressed with college admissions from the private schools

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[quote=Anonymous][quote=Anonymous][quote]Don't do this, because the comparison is stupid, as PP well knows. Many kids from area publics aren't planning to go to college, or they are in that middle position between qualifying for FA (about $50k household income) and being able to pay the full $60k/year at an Ivy (none of which give merit aid). So many public school kids are not even considering Ivies, instead they are looking at state schools or 2nd-tier privates that will give them lots of merit aid. This might be a useful comparison if we could compare private school exmissions to the public school kids who can afford at least $30k/year (what the private school kids are already paying) in tuition, but we don't have that data. [/quote]

Eh, the picture is more complicated than that.  They give out need based aid as per the expected family contribution from the FAFSA, which holistically looks at income, how many kids are in college, and how many assets you have.  Not saying that "not rich for DC" (in the low six figures) are going to get much aid, but it's not you pay the full $60K or you get a full ride.  Pell grants are phased out at ~50K, but there are also institutional grants that need blind schools give for 10K or 20K or whatever they deem is "demonstrated financial need."[/quote]

If you know this much, you know that most colleges' FA packages have a very large loan component, which many kids aren't willing to take on. If your kid can get into HYP they will get grants, but otherwise, lots of loans. You also will know that a family with $120K is NOT going to get any FA, unless there are one or more other siblings in college. (You would also know that the FAFSA doesn't take siblings in private school into consideration.)

Some of you really crack me up. Please step out of your private school bubble and join the rest of the world, the great unwashed middle classes. The two-government-worker families, the families with one or both parents teaching. You may have a handful of these people in your private school, most likely they are getting parental help with tuition. But thousands upon thousands of them send their kids to public schools instead. These people will not think that paying for an Ivy is easy, not matter how many times you repeat that stuff about the great grants at HYP.[/quote]

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