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College and University Discussion
Reply to "How Princeton is Getting Around the Endowment Tax"
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[quote=Anonymous][quote=Anonymous]I'm curious, for those of you who are angry at the college FA system, what would you do if you were in charge? Would you make it a flat rate for everyone? In which case [b]a lot of very bright kids would get locked out of private colleges? [/b]The current way is certainly not perfect, what alternative would be perfect?[/quote] This still happens. "Upper middle class" families who don't qualify for aid cannot afford these prices. Not while raising other kids and saving for retirement. And part of the reason we can't afford it is because tuition at private schools is artificially inflated to cover all of this ridiculous financial aid! Private schools were 20-25k/year when we went to college. That would be $50k in todays money, not the $80k that it is. [/quote]
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