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College and University Discussion
Reply to "Jeff Selingo on people skipping "target schools""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My older child went to a lower-ranked SLAC with a lot of merit after the higher-ranked SLACs did not offer any. Now that it is my next child's turn, we are skipping over a lot of target SLACs because I knew they will not offer any money. There was no use getting hopes up or wasting valuable time applying. They also applied to a lot more state schools than their older sibling. I just don't think those second-tier SLACs are worth the full-pay cost when there are lots of great SLACs offering merit.[/quote] I feel like a lot of 3rd tier and below SLACs...the whole "merit" aid is BS. [b] Basically, they quote a rack rate and give literally everybody merit aid. For some reason, they still want to keep that rack rate high.[/b] I guess, if you are fine skipping over 1st tier and 2nd tier SLACs...why not just pick a Bridgewater College that decided to drop their tuition by 60% because they were literally giving everyone a 60% discount anyway.[/quote] Because generally schools that have tried this have not had success. Some people think they can't be "good" if their sticker price is low, you don't make kids feel good the way a "scholarship!" does, and you lose the money from the handful of families who will pay full or close to sticker price. [/quote]
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