Reply to dont be in the 60th to 99th percentile in income

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]hat said the challenge is finding high income students who are absolutely committed to staying the full four years as well as academically willing to put in the effort to satisfy the graduation requirements that are tied to the university ranking.  This is no trivial challenge, finding high income students who are also studious.   [/quote]

That's not a challenge at all. The paper shows there are plenty of kids in the parental income 97-100% range who have high test scores and high GPA (i.e. they are studious). The trope that rich kids are lazy and stupid is simply false.[/quote]

Nobody is implying rich kids are lazy and stupid.

From a university point of view, finding high income and studious is a challenge.

Financial aid is the carrot the university offers to make a low income student to do one thing: 1) stay committed for full four years and graduate.  Whereas the university is asking a high income student do two things: 1) go ask your parents or get a loan but pay full tuition 2) please stay here for four years and put in the effort to graduate.  Within the high income student pool, the legacy students bring in the additional attribute of emotional commitment which may or may not be present in a random high income student.  [/quote]
If these colleges weren't so stupidly expensive, then they wouldn't have to worry about #2.  UMC could afford full pay without loans if they lowered the cost, but like expensive cars, the colleges like to keep it expensive to create a "in the club" experience.[/quote]

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