Reply to The New America: Elite Privates forever out of reach for UMC?

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[quote=Anonymous][quote=Anonymous][quote]Not PP, but a substantial number of my HS friends, in the mixed-SES town I grew up, in attended top-20 schools: Harvard, Yale, Brown, Williams, Amherst, Dartmouth - those are the names I recall off the top of my head.

In our generation (I'm 58yo), the cost of attendance could be covered from savings, current income, the student's summer earnings, work study, and some modest loans. E.g. the expensive private SLAC I attended cost about $8,000 when I started in 1979, and I contributed about 25% of that from my summer and school-year work. Proportionally, a student today would have to contribute almost $25,000 to make the same dent in the same school's costs.

Adjusted for inflation, $8,000.00 in 1979 is equal to $29,687.80 in 2019. But that school now costs almost $75,000/year.[/quote]

I'm 59 and this describes the shift well.

It's really about who gets access to the elite institutions and therefore into [b]the ruling class.[/b]  [/quote]

Actually, I bet most of the former graduates of these schools are in the UMC anyway, not the "ruling class".  [/quote]

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