Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

I’m starting to feel ticked off as well as I see more & more schools do this.

If this ticks you off maybe have your kids apply to schools they can afford. They don’t need to go Tufts or schools with the same policies.

They are. Obviously! That is not the point.

It’s a philosophical question. Why should a family that earns $150k get full tuition when a similar student at $200k or $250k or even $300k does not.

And let me tell you, the difference between $150k and 250k is not very much in practical terms.

As you’re thinking about the wealth gap, with an ungodly number of millionaires and now billionaires, families that earn $150k $250k, they’re in a similar boat, and yet the $250k families are treated as if they are just as rich as the millionaires. It’s absurd.

And so I am ticked off at that. My child will not be applying to any of these schools due to the price tag. But it’s an upside down world we live in, that’s for sure.

If you truly believe the $150k family is better off, you should ask your boss for a pay cut. Obviously you won't, because we both know the $250k family is better off even if they do need to pay a bit extra for college in the unusual situation where their kids get into such a college.

Anonymous wrote:I’ve heard Tufts takes into account your primary house as assets historically, so curious what “typical” assets are?

Anonymous wrote:I’ve heard Tufts takes into account your primary house as assets historically, so curious what “typical” assets are?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

I’m starting to feel ticked off as well as I see more & more schools do this.

If this ticks you off maybe have your kids apply to schools they can afford. They don’t need to go Tufts or schools with the same policies.

They are. Obviously! That is not the point.

It’s a philosophical question. Why should a family that earns $150k get full tuition when a similar student at $200k or $250k or even $300k does not.

And let me tell you, the difference between $150k and 250k is not very much in practical terms.

As you’re thinking about the wealth gap, with an ungodly number of millionaires and now billionaires, families that earn $150k $250k, they’re in a similar boat, and yet the $250k families are treated as if they are just as rich as the millionaires. It’s absurd.

And so I am ticked off at that. My child will not be applying to any of these schools due to the price tag. But it’s an upside down world we live in, that’s for sure.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

What do fancy vacations, nice cars and great dinners have to do with family income under 150k?

It impacts the assets side of things. Many schools give less financial aid to those with saved assets, so there is a disincentive to save for college. Which is counter-intuitive. I don't have a better suggestion, but this makes no sense.

Anonymous wrote:But most colleges offer a program like this. Harvard's is HHI less than $100K. Princeton's is $150K but covers meals, dorms, books and supplies which Tufts does not. Note that Tufts's tuition is $93,182, and the offer announced today does not cover meals, dorms, books, or supplies for students with HHIs exceeding $60K. Consequently, these students will still need to cover $22,500, even if the tuition of $71,982 is waived. For some families, that is insurmountable. At Princeton, those fees will be covered. So read carefully.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

I’m starting to feel ticked off as well as I see more & more schools do this.

If this ticks you off maybe have your kids apply to schools they can afford. They don’t need to go Tufts or schools with the same policies.

They are. Obviously! That is not the point.

It’s a philosophical question. Why should a family that earns $150k get full tuition when a similar student at $200k or $250k or even $300k does not.

And let me tell you, the difference between $150k and 250k is not very much in practical terms.

As you’re thinking about the wealth gap, with an ungodly number of millionaires and now billionaires, families that earn $150k $250k, they’re in a similar boat, and yet the $250k families are treated as if they are just as rich as the millionaires. It’s absurd.

And so I am ticked off at that. My child will not be applying to any of these schools due to the price tag. But it’s an upside down world we live in, that’s for sure.

Anonymous wrote:Of all schools, Tufts has by far the largest number of students/alums with chips on their shoulder about not getting into Ivies. They tend to be really insufferable about trying to show how smart they are and that they should have gone to an Ivy but fate intervened and prevented it from happening.

My kids go to school with a few children of Tufts alums and they are the worst helicopter parents, and most likely to brag about how smart their kids are.

Anonymous wrote:
And let me tell you, the difference between $150k and 250k is not very much in practical terms.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

I’m starting to feel ticked off as well as I see more & more schools do this.

If this ticks you off maybe have your kids apply to schools they can afford. They don’t need to go Tufts or schools with the same policies.

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

Anonymous wrote:

Anonymous wrote:Take those fancy vacations, buy the nice car and splurge on great dinners - those who are fiscally responsible and save for college are "punished."

So many of these grand proclamations are so performative. I am very supportive of a diverse student population, including socioeconomic diversity. But I feel like these schools are going overboard with these special programs.

And if the endowment tax ends up kicking in, they might want to very quietly reverse some of them.

I’m starting to feel ticked off as well as I see more & more schools do this.