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College and University Discussion
Reply to "Study of elite college Admissions "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Tuition is far too low. Elite colleges should use their position of power to act as private taxing authorities, charging 5-10% of family wealth (total for whole degree) for all students. [/quote] They don't have to. The rich students already pay for the less rich students. But in this area, the parents in the $1m+ houses want everything for free. [/quote] No one has argued that MC/UMC tuition should be "free". You're just making sh-- up now. They are saying it should at least be accessible. And FTR, we are absolutely priced out of those schools -my child is turning one down for that reason, which is extremely painful- and we do not live in a million dollar house. We bought our starter for about $300K and stayed in it (didn't trade up). [/quote] DP what do you want the price to be? what are you willing to pay? [/quote] Something reasonably attainable for MC families. Sorry, I'm not giving a number. But something that allows people to "stretch" if they want to do so w/o making it prohibitively expensive. There's a difference between $50K, which is already quite high, and $80-90K/year. But you already know this so why are you being obtuse?[/quote] So go to the school you can afford. I am not wealthy but we saved bc we wanted to make any college available to our kids. I do not feel bad that you did not save on or made a plan like many of us on this board did. And no, I do not think you should get a discount just because you are whining about it. I don’t whine that I cannot stay at the elite hotels like Four Seasons when the Hilton is just fine. As many on DCUM have said, your child will get a perfectly good education anywhere. [/quote] Screw you. We have saved and saved as much as we can. We have no generational money. And 4 sets of aging parents that we are responsible for. So you know sh-- about what I have saved for and why. This thread is about elite schools and who is going, and why. Educating our kids. Your attempt at an equivalency of hotels is not the same. If you're kid can get such a good education at a non top school are you practicing what you preach?[/quote] Why do you think you deserve a private school if you can’t afford it? Go public! Private university is a luxury. [/quote]
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