Reply to Is binding ED the next shoe to drop?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s she unfair but benefits the wealthy so won’t go anywhere.[/quote]

You do realize the wealthy, full-pay families are what provide so many benefits to the students who can’t afford full-pay, correct?[/quote]

Can you cite the benefits you are referring to? Please provide specific examples. [/quote]

Would you rather have your poor kid go to a school with all other poor kids, or one with many rich kids? Say stats are the same for the sake of argument, but be honest with yourself.

For most people, the presence of rich kids is itself a benefit.[/quote]

Why would the poor kid want to go to school with rich kids? [/quote]

Connections.  Your roommate or friend's parents are rich and well connected and they help you find internships and jobs.  If you remain friends with them after college, you have a group now that has many more connections than the average kid or poor kid where 90% of their community never went to college.  [/quote]

Rich kids are in a clique with other rich kids. The idea that they’ll befriend a poor kid is laughable.

It’s actually the middle class striver parents not the poor parents who think their kid will “make connections” with rich kids at a prestige school. They are deluded. Their kid will not be in the rich kid clique either.[/quote]

My husband went to Harvard.  Some of his friend group came from wealthy families, some middle class.  I can think of at least three occasions where one member of the group help the other land a job.  Not entry level jobs either, mid career C level jobs. [/quote]

Exactly!

Went to a T10 university.  At a time when 60%+ of the students received no FA at all (merit was a thing for maybe 10 kids and the athletes).  This school now is a 90K+ school.

I had some rich/wealthy friends.  I'm still friends with them.  Same situation---while I have not needed to use those connections, I know friends in our group who have gotten jobs that way.  And I know one who got a summer internship in college via a rich friends parental connection---and that led to their first job post undergrad.

Don't need studies to show it happens.  Lived it
Now, that is not the reason to attend a school. But for LMC/Poor kids, they are the group that benefits the most form being at an elite school.  [/quote]

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