Anonymous wrote:I went to Yale, not Princeton. So did my husband. We used to give a small amount every year and we both had a very good experience at Yale. We don't bother anymore. I don't know if our kids will have any interest in going to Yale or have the credentials (they are still young) but the fact that Yale seems willing to move away from caring about family connections and is constantly crowing about how many first gen applicants they accept, makes me not care as much about sending them money. I am sure that those first gen applicants are terrific and deserve to be at Yale, but I don't like that they are holding my accomplishments against my kids. My parents worked really hard to become the first in their families to go to state colleges in the 1960s. My parents' hard work is something to be proud of and that I'm glad was not held against me when I applied to Yale. I was truly middle class, so not low income, and my parents went to college, so not first gen. That is not the same thing as being a wealthy kid from generations of college graduates. This new emphasis on FGLI is a blunt instrument.
Anonymous wrote:Anonymous wrote:Anonymous wrote:From about 1970 to 2015, Princeton's annual giving rate was around 60%, one of the highest among leading universities.
Over the past 10 years, however, the giving rate has declined to 44%, the lowest in about 80 years.
There are a number of factors that could account for this, but an obvious one is that recent Princeton students are less satisfied with their experience than their predecessors and less inclined to donate. One wonders if the extreme focus on admitting a more diverse range of students is actually resulting in a student body that experiences more stress, enjoys their undergraduate experience less, and has less interest in maintaining ties to the school after graduation.
It feels like a bit of a canary in the coal mine in terms of suggesting it's a place that's losing its way and in need of some major reforms, whether it's taking a look at whether the right kids are being admitted or whether the right kids are being admitted but they need to make changes to make the undergraduate experience more gratifying.
Or maybe Princeton's newer generation has less generational wealth and thus less $$ to drop for donations?
The participation rate refers to the percentage of alumni giving, not the total amount of donations.
Give them $5 dollars and they'll still act very appreciative.
Anonymous wrote:Anonymous wrote:From about 1970 to 2015, Princeton's annual giving rate was around 60%, one of the highest among leading universities.
Over the past 10 years, however, the giving rate has declined to 44%, the lowest in about 80 years.
There are a number of factors that could account for this, but an obvious one is that recent Princeton students are less satisfied with their experience than their predecessors and less inclined to donate. One wonders if the extreme focus on admitting a more diverse range of students is actually resulting in a student body that experiences more stress, enjoys their undergraduate experience less, and has less interest in maintaining ties to the school after graduation.
It feels like a bit of a canary in the coal mine in terms of suggesting it's a place that's losing its way and in need of some major reforms, whether it's taking a look at whether the right kids are being admitted or whether the right kids are being admitted but they need to make changes to make the undergraduate experience more gratifying.
Or maybe Princeton's newer generation has less generational wealth and thus less $$ to drop for donations?
Anonymous wrote:From about 1970 to 2015, Princeton's annual giving rate was around 60%, one of the highest among leading universities.
Over the past 10 years, however, the giving rate has declined to 44%, the lowest in about 80 years.
There are a number of factors that could account for this, but an obvious one is that recent Princeton students are less satisfied with their experience than their predecessors and less inclined to donate. One wonders if the extreme focus on admitting a more diverse range of students is actually resulting in a student body that experiences more stress, enjoys their undergraduate experience less, and has less interest in maintaining ties to the school after graduation.
It feels like a bit of a canary in the coal mine in terms of suggesting it's a place that's losing its way and in need of some major reforms, whether it's taking a look at whether the right kids are being admitted or whether the right kids are being admitted but they need to make changes to make the undergraduate experience more gratifying.