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College and University Discussion
Reply to "boy, do T20 school love private high schools."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]these instagram pages from local privates are eye opening. even for kids I know to be unhooked standard smart kids[/quote] T20 love full pay, even if they pretend to be need blind [/quote] This is not accurate. They have billions in endowments and unless you are donating a building, they don’t care about some measly $80k/year. [/quote] Hm.. I have been told that these schools cannot use those funds to lower tuition because the endowment is earmarked for something specific other than tuition. If what you say is true, it's disgusting that these rich colleges keep the tuition that high for those who don't qualify for FA, like the donut hole families. If they lowered the tuition then they don't need to charge so much tuition. I can only assume they charge that much because they are greedy and/or they think keeping the prices that high gives it that elitist persona.[/quote]. Instead of complaining about the system, recognize that this is the system and world we live in. You either are able to pay for it or not. If not, then find options that are affordable to you. Hoping for something to be different is fine and dandy, but it’s not going to change anytime soon. That’s the reality. Come up with a plan and stop complaining.[/quote] +1000 I was a smart kid that had middle class, college educated parents back in the early 90s. My parents said I could apply to every UC (instate for me) because that is what we could afford without student loans. I picked one of the UCs I was accepted at and did really well. I live in DC and we have a high HHI (husband also attended public universities). We can pay for our kids to go anywhere. Send your kid to a public and let them graduate debt free. Hopefully, their HHI will be high enough that their kids can go to a private university debt free. Sometimes it takes a few generations of highly educated parents to get into the 1%. It is what it is. We chose big law and it isn’t a glamorous career, but it pays a TON. [/quote]
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