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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][quote=Anonymous]Markets will adjust and Ivy-plus will begin offering more made or reducing cost of attendance in other ways.[/quote] +1 This! At some point the 'bubble' will burst and even the Ivy-plus schools will have to adjust as there won't be enough people with the requisite stats and also wealthy enough to pay for 5%+ expense increases per year. Either they'd have to significantly lower standards to let in others who can afford it or get creative with pricing and aid (eg. do what Purdue U. is doing) in order to maintain standards. Bubbles eventually burst no matter how long it takes, circa 2008 Real Estate.[/quote] Ivy+ are need blind and meet 100% need. So don't hold your breath for anything to change.[/quote] You will have to be poor or rich to attend these schools. They have made it impossible for the vast majority of middle income families that will get zero aid.[/quote]
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