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Reply to "I predict one top school will be all-scholarship in next 5 years."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Regis High School has this model. Leads to loyal alumni who contribute with no exception of payback (ie their kid getting in), endowment draws down less than it makes in investments, the value of the school was enhanced. DCUM would not approve, I see from these knee jerk negative reactions. Like always! I agree this will happen at some point. [/quote] As an aside I am a Bronx Science alum. I took the test for Regis in the late 70’s. [b]That test completely humbled me.[/b] Hats off to their Alums…[/quote] You don't take people's money and a lot of things change. You can take the best. Period. You can expect a lot. You don't have customers or clients anymore. You have people who can lose their scholarship (ie get the boot). Those calls from parents demanding this and that would vanish. A culture of gratitude would replace a culture of entitlement. There is enormous upside.[/quote]
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