Anonymous
12/26/2023 18:33
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Then you didn't read the article carefully. It said nothing about families making $450K being at an admissions disadvantage.
If they are living in an expensive area, there are going to be more kids applying to the same school so that is the disadvantage.
The cited study is relying on hard evidence, and you're relying on...feelings.
If you have 300-500 similar kids at a wealthier school, those schools are only going to a lot so many spaces to each school so you are better off at a less wealthier school where you will stand out more. Think about it. You think UMD or UVA, for example (forget the top t20) is going to take every child who is technically qualified per grades and activities? Of course not. They will take a certain amount from each school. So, your chances are greater if you have less competition.
Anonymous
12/26/2023 18:10
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Then you didn't read the article carefully. It said nothing about families making $450K being at an admissions disadvantage.
If they are living in an expensive area, there are going to be more kids applying to the same school so that is the disadvantage.
The cited study is relying on hard evidence, and you're relying on...feelings.
Anonymous
12/26/2023 17:57
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So kids in households earning $450-500k do well?
Better than $250 but not as well as wealthy kids. Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college.
Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.
Spoken like someone who has one kid and always made a lot of money.
$450k is a huge amount of money and you can easily afford it.
Eh. I know several people who make a little more but since they have 2-4 kids, they turned down some expensive schools and went to good state schools instead. They had to in order to get all the kids through.
You have to be pretty young to not understand how quickly even good salaries go when you’re raising a family in a HCOL area. No adult thinks it’s “easy” to suddenly lose 1/4 of after tax your income. We make a little less and drive old, used cars, rarely eat out, and vacation once every 3-5 years. No fancy clothes. Plenty of Craigslist furniture in my house. Still not living a fantasy life some of you imagine. Not everyone bought a house 20 years ago or got to refinance at 2%.
But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
At that income they can live comfortably and save. Screaming poverty is absurd. Having that many kids is a lifestyle choice. Where is all your money going?
No one is screaming poverty, drama queen.
Anonymous
12/26/2023 17:39
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Then you didn't read the article carefully. It said nothing about families making $450K being at an admissions disadvantage.
If they are living in an expensive area, there are going to be more kids applying to the same school so that is the disadvantage.
Anonymous
12/26/2023 17:37
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So kids in households earning $450-500k do well?
Better than $250 but not as well as wealthy kids. Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college.
Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.
Spoken like someone who has one kid and always made a lot of money.
$450k is a huge amount of money and you can easily afford it.
Eh. I know several people who make a little more but since they have 2-4 kids, they turned down some expensive schools and went to good state schools instead. They had to in order to get all the kids through.
You have to be pretty young to not understand how quickly even good salaries go when you’re raising a family in a HCOL area. No adult thinks it’s “easy” to suddenly lose 1/4 of after tax your income. We make a little less and drive old, used cars, rarely eat out, and vacation once every 3-5 years. No fancy clothes. Plenty of Craigslist furniture in my house. Still not living a fantasy life some of you imagine. Not everyone bought a house 20 years ago or got to refinance at 2%.
But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
At that income they can live comfortably and save. Screaming poverty is absurd. Having that many kids is a lifestyle choice. Where is all your money going?
Anonymous
12/26/2023 14:38
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Are families making $450K at an admissions disadvantage or not? It's a simple question.
DP: if you read the actual study, $450k families have the same chance of admissions as the bottom 20th.
But a higher chance than every other income level except the top 0.1 percent. Or did you want to leave that detail out on purpose?
https://opportunityinsights.org/wp-content/uploads/2023/07/CollegeAdmissions_Nontech_Figure3.pdf
Anonymous
12/26/2023 14:34
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Are families making $450K at an admissions disadvantage or not? It's a simple question.
DP: if you read the actual study, $450k families have the same chance of admissions as the bottom 20th.
Anonymous
12/26/2023 13:39
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Are families making $450K at an admissions disadvantage or not? It's a simple question.
Anonymous
12/26/2023 13:26
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Then you didn't read the article carefully. It said nothing about families making $450K being at an admissions disadvantage.
Go ahead and apply then, wise guy. No doubt you’re the same guy who for some unknown reason accused people participating in this conversation as taking a single article as “gospel “. Conversations are hard . Especially for bots.
Anonymous
12/26/2023 11:45
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Then you didn't read the article carefully. It said nothing about families making $450K being at an admissions disadvantage.
Anonymous
12/26/2023 10:57
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So kids in households earning $450-500k do well?
Better than $250 but not as well as wealthy kids. Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college.
Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.
Spoken like someone who has one kid and always made a lot of money.
+1 our hhi is about $280k. We could pay for expensive private for 2 kids but it would seriously impact our retirement and qol. For the most part, expensive colleges aren't worth it unless you are talking about T10 for non STEM majors.
Anonymous
12/26/2023 10:48
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So kids in households earning $450-500k do well?
Better than $250 but not as well as wealthy kids. Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college.
Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.
Spoken like someone who has one kid and always made a lot of money.
$450k is a huge amount of money and you can easily afford it.
Eh. I know several people who make a little more but since they have 2-4 kids, they turned down some expensive schools and went to good state schools instead. They had to in order to get all the kids through.
You have to be pretty young to not understand how quickly even good salaries go when you’re raising a family in a HCOL area. No adult thinks it’s “easy” to suddenly lose 1/4 of after tax your income. We make a little less and drive old, used cars, rarely eat out, and vacation once every 3-5 years. No fancy clothes. Plenty of Craigslist furniture in my house. Still not living a fantasy life some of you imagine. Not everyone bought a house 20 years ago or got to refinance at 2%.
But as it’s been pointed out already, pp was taking about admissions and you’re harping on money. This article was about admissions. We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools. Dead zone. Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U.
Anonymous
12/26/2023 09:33
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Obviously dumb because you won’t be paid as much in Alabama as in DC.
So many Fortune X companies have a large remote workforce now. Digital nomads are all over the place.
Anonymous
12/26/2023 01:08
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So kids in households earning $450-500k do well?
Better than $250 but not as well as wealthy kids. Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college.
Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.
Spoken like someone who has one kid and always made a lot of money.
$450k is a huge amount of money and you can easily afford it.
Anonymous
12/26/2023 01:07
Subject: “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions
Anonymous wrote:Anonymous wrote:Anonymous wrote:*also COL, same HHI is high in Alabama, low in DC.
Again, it's about life choices. In Alabama you might get a great house for $400K, in DC area, you get a small 1000 square foot fixer upper. Don't like it, move to Alabama.
Obviously dumb because you won’t be paid as much in Alabama as in DC.
Not necessarily.