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Metropolitan New York City
Reply to "Class of '26 Instagram College Decisions"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Outside of the "hooks" which is definitely the case for a portion of the girls - one thing that i believe helps is the smaller class size. I believe HM has close to 200 kids per grade. the girls schools generally are in the 60-70 range. It's alot easier for the CC at B/S/C to push for 1-2 girls at a Columbia or Dartmouth versus having to go to the AO and try to pitch 6 different kids trying to get into columbia ED. If you take out the 10-15 hooked kids at each of these girls schools you are left with 50 kids. the CC are only going to bat for a couple of girls per t30 college. to me i think that has to make an impact. do you agree?[/quote] I am not sure how that would explain why Brearley performs so well in absolute numbers. It actually seems to send more students than HM to Harvard, Princeton, Yale - and Columbia (each!), despite having 1/3 the number of seniors.[/quote] You’re right. It’s just having richer families. [/quote] does the generic 5-25MM net worth Brearley family really have a leg up in admissions? compared to any other full pay students?[/quote] Child starting Brearley in the fall. We don’t make or own anywhere near that amount, and we are full paying. Many of the families I have interacted with so far, are similar to us. Of course there is a lot of wealth regardless, but the same can be said for places like PS 6 (we are friends with families who make/ are worth WAY more than us who’s kids go there currently). [/quote] Are the grandparents helping? How do you plan to handle the increasing cost of private school and living in NYC? 2 bedroom apartments are going for ~8k a month now a day. [/quote] you can make $750k a year with one finance person and one tech person pretty easy. There are many people who do get parental help but the most people we know are paying their own way. We have 14 years of it - (7x2). So there is a bit of belt tightening for a couple of years. If you can pick up a few extra shift or do some consulting on the side can help. Lots of people in nyc either make a ton of money or have family money. It’s why apartments are so expensive. [/quote] Jobs are very volatile with layoffs every year. After 50, it isn’t guaranteed the high paying job will be available. We are at $500k a year with a net worth of $5mm (majority in real estate) and I don’t think we can easily afford. Helping with the downpayment for a house, funding a business, paying for college, etc… will go a long way in ensuring they have a high quality of life after graduating from school. [/quote] A lot of TT graduates would probably prefer their parents have invested the tuition dollars in the S&P and gave it to them in adulthood (several million dollars, enough for a very nice house and a cushion). The sacrifice described here isn’t worth it for some chance to go to U Michigan or Tufts. If you are rich and you wouldn’t even notice the tuition payment, go for it. [/quote] Tufts and Michigan are pretty good schools that you kind of dismiss. If your view is that they are blah schools and easily achievable by going to public school and you don't value the actual education and you fall in the "middle" income trap - then the answer is pretty easy for you - go to Public school. interesting that some posters say everyone at these schools are loaded yet we keep discussing the public/private tradeoff. [/quote] They are very good schools and about the average or slightly below average at the TTs. A lot of incoming families would wince at that outcome though. The education is great, it’s not 1mm+ great if you are struggling to afford it. People on here really overestimate these places to make themselves feel better about the cost. [/quote]
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