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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Princeton puts its endowment to work.  I mean,[b] I think they should make tuition 20k and get out of the college financing industry full stop,[/b] but at least they try more than most.  And the word has gotten out that they're the most generous. So I get why they remain on top.[/quote]
1000% if more colleges reduced their coa, then they wouldn't need legacy and rely on donors.  You'd see more UMC/MC class students applying. Right now, a lot of high stats UMC/MC students don't even bother applying to those expensive colleges because of cost.[/quote]

Which was great bc both of my mc/umc kids got into top 15... checks new list... top 20 schools with outstanding financial aid that made it a lot cheaper than Maryland. Don't think most middle-class-ish people realize that if Northwestern, Rice, Brown, Dartmouth, Duke, Chicago, Vanderbilt, Notre Dame and similar accept someone, it's generally going to work.

Berkeley, Michigan, UCLA, UNC, UVA, Georgia Tech are completely out of reach for OOS families that earn a salary. But those higher tier, high endowment private schools are very often much more affordable than state flagships.  [/quote]
I think you missed the point. If those expensive schools lowered the coa, you wouldn't need so much aid, and more students would apply. As it is, a lot of students from donut whole families do not apply because they aren't going to get much aid, and it's too expensive.[/quote]

The "aid" is simply a discount on price. There are no loans. And the "donut hole" number is going to be variable, depending on other kids going to college etc etc

Depends on the family situation. At Princeton, for instance, for families earning less than $100,000 annually, tuition, room and board is $0. That covers about 25 percent of the student body. A family earning about $150,000 would be expected to pay $12,500. There are discounts available for families earning up to $300,000 a year.

For a lot of families, it's cheaper to go to an elite private than a state flagship. You just need to get in. [/quote]

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