Anonymous
08/23/2022 17:37
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is Emory anyone's first choice?
https://college.emory.edu/scholars/
Ahh...so if they pay people to go there, Emory is a first choice. Got it.
In some cases. But, many students target schools which offer significant merit scholarship money as a first choice school.
A school like Emory will do that because it doesn't have the cache to attract those students otherwise.
Duke also has scholarships as well as Northwestern. I'm curious as to why PP chose to pick on Emory? WashU, Rice, USC, Carnegie Mellon etc are all ranked ahead of Williams College on the WSJ ranking.
Northwestern merit scholarships must be new within the past 2 or 3 years. Might have been created as part of a reaction to two issues:
1) Fear of taxation of large college & university endowments which was / is being pushed by a longtime US Senator from Iowa;
2) In reaction to the current anti-trust litigation against 16 elite universities (including 6 of the 8 Ivies) regarding alleged cartel like collusion on need based financial aid.
Defendant universities are: Brown, Cornell, Columbia, Dartmouth College, Univ. of Pennsylvania, Yale, Duke, MIT, Chicago, Emory, Northwestern, Caltech, Johns Hopkins, Notre Dame, Rice, and Georgetown.
The defendant universities thought that they were exempted from antitrust laws under an exemption numbered 568.
Northwestern is awarding financial aid in an even more generous fashion than it did prior to the discussions involving the two topics that I noted above.
https://bestcolleges.com/news/analysis/antitrust-suit-could-cost-elite-universities-billions/
The good news is that all of these 17 super-elite universities can afford to pay any such judgment--except for Georgetown University since its endowment is much small than that of the other defendant universities.
I think it's still all need based, unless I missed something. My kid was accepted this year, and we got FA, so poured over those pages a few times!
Anonymous
08/23/2022 17:02
Subject: Are the NESCACs worth the money?
Nope
Anonymous
08/23/2022 15:54
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is Emory anyone's first choice?
https://college.emory.edu/scholars/
Ahh...so if they pay people to go there, Emory is a first choice. Got it.
In some cases. But, many students target schools which offer significant merit scholarship money as a first choice school.
A school like Emory will do that because it doesn't have the cache to attract those students otherwise.
Duke also has scholarships as well as Northwestern. I'm curious as to why PP chose to pick on Emory? WashU, Rice, USC, Carnegie Mellon etc are all ranked ahead of Williams College on the WSJ ranking.
Who cares? Everyone knows that Williams is the more prestigious school.
Anonymous
08/22/2022 09:47
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is Emory anyone's first choice?
https://college.emory.edu/scholars/
Ahh...so if they pay people to go there, Emory is a first choice. Got it.
In some cases. But, many students target schools which offer significant merit scholarship money as a first choice school.
A school like Emory will do that because it doesn't have the cache to attract those students otherwise.
Duke also has scholarships as well as Northwestern. I'm curious as to why PP chose to pick on Emory? WashU, Rice, USC, Carnegie Mellon etc are all ranked ahead of Williams College on the WSJ ranking.
Northwestern merit scholarships must be new within the past 2 or 3 years. Might have been created as part of a reaction to two issues:
1) Fear of taxation of large college & university endowments which was / is being pushed by a longtime US Senator from Iowa;
2) In reaction to the current anti-trust litigation against 16 elite universities (including 6 of the 8 Ivies) regarding alleged cartel like collusion on need based financial aid.
Defendant universities are: Brown, Cornell, Columbia, Dartmouth College, Univ. of Pennsylvania, Yale, Duke, MIT, Chicago, Emory, Northwestern, Caltech, Johns Hopkins, Notre Dame, Rice, and Georgetown.
The defendant universities thought that they were exempted from antitrust laws under an exemption numbered 568.
Northwestern is awarding financial aid in an even more generous fashion than it did prior to the discussions involving the two topics that I noted above.
https://bestcolleges.com/news/analysis/antitrust-suit-could-cost-elite-universities-billions/
The good news is that all of these 17 super-elite universities can afford to pay any such judgment--except for Georgetown University since its endowment is much small than that of the other defendant universities.
Anonymous
08/21/2022 22:57
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is Emory anyone's first choice?
https://college.emory.edu/scholars/
Ahh...so if they pay people to go there, Emory is a first choice. Got it.
In some cases. But, many students target schools which offer significant merit scholarship money as a first choice school.
A school like Emory will do that because it doesn't have the cache to attract those students otherwise.
Duke also has scholarships as well as Northwestern. I'm curious as to why PP chose to pick on Emory? WashU, Rice, USC, Carnegie Mellon etc are all ranked ahead of Williams College on the WSJ ranking.
Because Emory’s yield is terrible.
Anonymous
08/21/2022 21:21
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is Emory anyone's first choice?
https://college.emory.edu/scholars/
Ahh...so if they pay people to go there, Emory is a first choice. Got it.
In some cases. But, many students target schools which offer significant merit scholarship money as a first choice school.
A school like Emory will do that because it doesn't have the cache to attract those students otherwise.
Duke also has scholarships as well as Northwestern. I'm curious as to why PP chose to pick on Emory? WashU, Rice, USC, Carnegie Mellon etc are all ranked ahead of Williams College on the WSJ ranking.
Anonymous
08/21/2022 20:32
Subject: Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:I graduated from a NESCAC and have always understood the value proposition. DC graduated a different NESCAC and is at a FAANG earning nearly 200k two years out. Is a NESCAC worth it? I’d say yes if you can afford 85k/year because it’s an investment in your child’s future that’s enduring and will pay dividends over a lifetime. If you can’t afford the investment (and it’s important to understand that’s what it is) then the obvious answer is no, it’s not worth it.
I do believe in a small liberal arts education, but for the quality of that education, not to guaranty a $200k salary a year-ish out of college. Someone posted on another thread that their kid is making $200k at a FAANG after dropping out of 2 years at Purdue, but presumably you wouldn’t recommend that. I know you noted the college experience is a “lifetime investment” and I agree.
I think the big thing is that, for the right kid, going to the right NESCAC might be a lot of fun, and maybe less intimidating than going to Purdue or Virginia Tech.
No parents who’d struggle financially to send their kids there should feel guilty about saying the aid package is too skimpy and they can’t afford it.
But, if I heard of a high-income, wealthy person who refused to send a great kid to a school like that, just because the parent thought the state flagship was just as good, I’d look down on that parent a little. It seems to me as if the most wonderful luxury is to have a wonderful child and to be able to afford to send the child to a great school that the child likes. W
Anonymous
08/21/2022 19:08
Subject: Re:Are the NESCACs worth the money?
Anonymous wrote:
Before this thread I was convinced the biggest issue with Williams was the isolation. Which to be fair I could see appealing to some.
But now... wow.
I hope all the above nastiness is from a single outlier alum.
The isolation is a major negative. Worse than DCUM trolls.
Anonymous
08/21/2022 19:00
Subject: Are the NESCACs worth the money?
Anonymous wrote:I graduated from a NESCAC and have always understood the value proposition. DC graduated a different NESCAC and is at a FAANG earning nearly 200k two years out. Is a NESCAC worth it? I’d say yes if you can afford 85k/year because it’s an investment in your child’s future that’s enduring and will pay dividends over a lifetime. If you can’t afford the investment (and it’s important to understand that’s what it is) then the obvious answer is no, it’s not worth it.
I do believe in a small liberal arts education, but for the quality of that education, not to guaranty a $200k salary a year-ish out of college. Someone posted on another thread that their kid is making $200k at a FAANG after dropping out of 2 years at Purdue, but presumably you wouldn’t recommend that. I know you noted the college experience is a “lifetime investment” and I agree.
Anonymous
08/21/2022 18:31
Subject: Are the NESCACs worth the money?
I graduated from a NESCAC and have always understood the value proposition. DC graduated a different NESCAC and is at a FAANG earning nearly 200k two years out. Is a NESCAC worth it? I’d say yes if you can afford 85k/year because it’s an investment in your child’s future that’s enduring and will pay dividends over a lifetime. If you can’t afford the investment (and it’s important to understand that’s what it is) then the obvious answer is no, it’s not worth it.
Anonymous
08/21/2022 17:58
Subject: Re:Are the NESCACs worth the money?
Anonymous wrote:nescacs and the claremont colleges are worth the money
Nice sentiment, but an unreasonable statement without knowing each person's situation.
Everything is relative.
OP asked: "Are the NESCACs worth the money ?"
The best answer may be: It depends.
It depends on an individual's options. For example: Is Hamilton or Colby worth full pay $80,000+ per year versus a full tuition scholarship to a large public university honors college ? What if the honors college scholarship covered more than just tuition & fees ?
What about any NESCAC at full pay versus Georgetown's School of Foreign Service or Penn's Wharton School ?
What about any NESCAC at full pay versus any top 15 National University also at full pay ?
What about full pay at any NESCAC for one intending to go to medical or law school with the option of a full tuition & fees scholarship elsewhere ?
It is both a personal and a financial decision as to whether or not any NESCAC is worth the money.
Anonymous
08/21/2022 17:57
Subject: Re:Are the NESCACs worth the money?
Anonymous wrote:Anonymous wrote:
Before this thread I was convinced the biggest issue with Williams was the isolation. Which to be fair I could see appealing to some.
But now... wow.
I hope all the above nastiness is from a single outlier alum.
Or from someone pretending to be from Williams to make Williams look bad.
+1
They've done a pretty convincing job of coming off as an abhorrent human being!
Anonymous
08/21/2022 17:43
Subject: Are the NESCACs worth the money?
Anonymous wrote:Very underrated set of schools.
How did you come to this conclusion ?
NESCAC schools are ranked #1, #2, #6, #9, #13, #17 tie, #17 tie, #25, #46, & #50 LACs by US News.
Tufts is ranked #28 National University by US News.