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Reply to "Grinnell vs Kenyon "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Kenyon is rarely a student’s first choice. Its yield is 19 percent, which is terrible. Grinnell’s yield is over 40 percent. There’s little doubt which school is considered more desirable. [/quote] I conceded it was more selective. Acceptance rate and yield are both mathematical indicators of that. My point was, it doesn’t actually seem better in that the schools are quite comparable in terms of objective attributes. Begs the question, how much of a school’s selectivity is simply a result of its selectivity? In other words, kids want to go simply because it’s hard to get in. [/quote] Grinnell’s wealth also helps. I’m sure some of the interest is tied to the possibility of getting an appealing aid package.[/quote] Yep. Grinnell is loaded and need blind. If I were a kid with need, it would be a safer play ED. And for RD, the aid/merit package for top students will probably always be better at Grinnell. Hence, more apps and higher yield.[/quote] Starting this application cycle, Grinnell guarantees a minimum merit scholarship (NOT depending on financial need) of $20,000 a year for all four years to any student admitted ED. That’s huge. I’m surprised no one has mentioned this yet. https://www.grinnell.edu/admission/financial-aid/types-aid/scholarships [/quote] Wow. That is actually huge. Smart move. Takes the problem of comparing merit awards off the table, which prevents some applicants from going ED. In essence they just cut their cost of attendance by 25 percent or so. It’s like a free year. I think a lot of families will be interested in this considering there is not a whole heck of a lot of difference when you compare one SLAC versus another. Applications will soar. Smart way for Grinnell to use its endowment. Honestly, why choose Swat if Grinnell is 25 percent cheaper? Unless you have money to burn. [/quote] It’s been an automatic $10k for the last few years but they just doubled it. And, again, it’s just the minimum. They give some kids more. [/quote] As we approach 100k a year, east coast need blind schools are going to lose ground. The best and the brightest upper middle class kids will follow the money. [/quote] Grinnell is need blind. What you mean is that need blind schools that don’t give merit aid will lose ground. [/quote] My mistake. But typically the schools with need blind polices don’t do merit aid philosophically like the Ivies. Need aware schools tend to play with merit as well. My main point is that the need blind/no merit framework is going to break because price sensitive upper middle class families are going to pursue less expensive alternatives. It’s the law of compounding. When you jack up costs 5 pct on 60k, it’s different from doing so on 90k. The costs are too high relative to even professional salaries. So as more UMC students follow merit aid, those merit aid schools will be the ones that are more selective. Soon Grinnell will be perceived as “better” than Swat. Over time the non merit LACS will devolve into Trinity. A third FA cases and the rest mediocre plus full pay rich kids. [/quote]
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