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Reply to "Harvard class of 2029 details--45% of the class will attend tuition free"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As a full pay family, this just makes me feel like a schmuck. Which is part of why we choose in-state publics even though we could easily cash flow private. I don’t want to pay double for something so that half the kids pay nothing. [/quote] You won't be missed. [/quote] Actually, their tuition money in fact will be missed. [/quote] it really won't be. Harvard doesn't need tuition money. Not the rank and filing donations from alumni. They both pale compared to what the endowment throws off. It's only a matter of time before they go tuition free. And then you'll all be mad about that! You can't win with racists.[/quote] They are still overcharging full-pay in order to allow students to attend for free. Otherwise they could just lower tuition. If some parents want to pay the cost of 2 kids’ college even though they are only sending one kid, that is certainly their choice. [/quote] not true. full cost to harvard is something like 110k a year. every kid is subsidized to some degree. the idea that full pay is paying for others is rooted in ignorance and classism/racism [/quote] It’s zero sum. They have decided an amount of revenue they want from tuition, and they have decided they are only going to charge it to a subset of students. If tuition was lowered for full pay, the school would have to spend even more money on non payers. It’s just simple math. [/quote] here's the simple math: my full pay student is not funding any other kid's eduction. full stop. [/quote] You’re absolutely right. Your full pay kid is not funding another kid’s education. Rather, as a long-term substantial donor, I (and many, many others like me) are subsidizing both your kid’s and those other kid’s education. You’re welcome. [/quote] it must suck to bribe a college long-term and then have your own kids shut out. [/quote] Uhh, don’t know where you’re getting any of that. One kid’s a graduate (summa, entered with stats well above average and strong ECs, and also has admits to Stanford and Yale, no bribing intended or needed) and the other’s at his preferred college (chose not to apply after rea acceptance to another ivy). But haters gonna hate I guess. And again, you’re welcome. [/quote]
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