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[quote=Anonymous][quote=Anonymous]For non-loan financial aid to UMC families, it's useful to look at the endowment per student numbers. It's not a surprise that Princeton is so generous with aid. They have the highest endowment per student in the country - more than $4 million per student. Similarly, Pomona is also typically very good with aid. Again, they have a very high endowment per student ratio. No one is saying no to Princeton or Pomona because they can't afford it.

The interesting thing is that the competition for admission to rich, elite private universities is going to get fiercer and fiercer in the years ahead even as colleges more broadly face a demographic cliff. With costs approaching $100,000 a year, fewer and fewer families are able to even consider schools that cannot compete for talent with aid. 2 kids. That's $800,000. There aren't that many families that can roll with those kind of numbers. So ultimately, for a lot of families with bright, accomplished kids, it really is a T20 private or State U as the only viable options - unless they want to go to much lower ranked schools that will compete with merit offers. But that's not happening at the T20 level except for a small number of merit scholarships at the non-Ivy private universities. It really is a Princeton or bust moment for a lot of UMC families. [/quote]
In general I agree . However there do seem to be a LOT of full pay families at our DC’s high school who drop 90k per year for 3 or 4 kids. Half of the prep school is full pay for college, and they do not chase merit at all. The neighboring high school has the same: they are paying full pay for middling private schools without batting an eye, often turning down in-state JMU or VT  for privates in the T30-70 range, just to have a “private” school. We are not DMV or NY or Boston: presumably these areas have many more wealthy families who are not going to blink when the average crosses 100k[/quote]

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