Reply to Jeff Selingo on people skipping "target schools"

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[quote=Anonymous][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]

Yes but following that model they will end up with a barbell model, demographically speaking. There are consequences to that, many of which do not bode well for the schools.[/quote]

You could probably draw a direct line from the result of the barbell model (a student body of either Pell or full-pay wealthy and none in between) and the "cultural" issues we're currently seeing on elite college campuses. As someone stated upthread there are URMs who have never seen/met a non-wealthy white person in their college lives and vice versa. Can't help but color their views on society (ie. either you're wealthy or poor, and resulting views on privilege, equity, etc..etc..). [/quote]

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