Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
No it's not the same at all. the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.
This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone. These are very different. (Parent who has no financial need and recognizes the inequity)
ED actually also works for those that need financial aid as they have an out if financial aid is other than the school’s website predicted. It hurts families that need to compare merit aid offers, which would be the upper middle class.
Midd. Doesn't. Offer. Merit. Aid.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
That might not be a great social fit for my kid anyway.
+100 My DS wants to go to a SLAC but not one filled with only rich kids. They don't seem to exist as all the SLACs are so expensive.
It's a smear to say SLACs have only rich kids. 40-65% of students at these schools are on financial aid with average award in the 50k range. There are a lot of rich kids outside that group but someone has to pay the bills.
76% of Middlebury students have parents families in the top 20% of hhi.
What about parents who don’t have to work? Might even be higher. And at 80k a year, I think you can easily be in the top 20% of hhi and still get aid.
Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
No it's not the same at all. the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.
This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone. These are very different. (Parent who has no financial need and recognizes the inequity)
ED actually also works for those that need financial aid as they have an out if financial aid is other than the school’s website predicted. It hurts families that need to compare merit aid offers, which would be the upper middle class.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
No it's not the same at all. the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.
This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone. These are very different. (Parent who has no financial need and recognizes the inequity)
ED actually also works for those that need financial aid as they have an out if financial aid is other than the school’s website predicted. It hurts families that need to compare merit aid offers, which would be the upper middle class.
+1
You definitely don't need to be full pay to apply ED. Good college counselors should be making that clear! I hear about that early application misconception a lot though.
Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
No it's not the same at all. the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.
This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone. These are very different. (Parent who has no financial need and recognizes the inequity)
ED actually also works for those that need financial aid as they have an out if financial aid is other than the school’s website predicted. It hurts families that need to compare merit aid offers, which would be the upper middle class.
Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
No it's not the same at all. the k-12 let everyone apply in one round and when they see which kids they want, then they determine aid.
This process only allows people who can afford to apply in rounds in which 80% of slots are filled. Then when there are 20% spots left - they open it to everyone. These are very different. (Parent who has no financial need and recognizes the inequity)
Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So counting January admits, the admission rate for RD will be 1.8%. At that point, why even do an RD round?
No because they don’t have a 100% yield. They will need to admit about 600 to get their remaining 200. Or maybe even more since it sounds like most of them will be Feb admits.
Some of their ED applicants are Feb start. Though I don’t know if they counted them as ED admits for Feb starts since it’s no longer binding. They need full pays usually for spring starts so I’m guessing many of their Febs applied ED (full pay, Midd their first choice reach).
So if they only give ED students a Feb admit they can decline? That’s good. I thought they had to check a box on the application if they would be willing to start in feb. was the wondering how that worked.
I’m not certain how that was worded. Anyone know?
Looks like you pick Sept only, Feb only, or either. First two would be binding for the chosen start. I wonder if choosing either is binding for both?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
That might not be a great social fit for my kid anyway.
+100 My DS wants to go to a SLAC but not one filled with only rich kids. They don't seem to exist as all the SLACs are so expensive.
It's a smear to say SLACs have only rich kids. 40-65% of students at these schools are on financial aid with average award in the 50k range. There are a lot of rich kids outside that group but someone has to pay the bills.
76% of Middlebury students have parents families in the top 20% of hhi.
Where'd you get that stat from?
Because how does that square with this stat from the school's website?
Middlebury provides grant aid to about half of the student body. For the Class of 2025, the average grant was $57,000.
https://www.nytimes.com/interactive/projects/college-mobility/middlebury-college
https://www.middlebury.edu/college/admissions/affordability#:~:text=Middlebury%20provides%20grant%20aid%20to,apply%2C%20visit%20Student%20Financial%20Services.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It's like K-12 private schools, PP. A majority are quite wealthy, and a handful are low-income on financial aid. The middle class is entirely squeezed out.
That might not be a great social fit for my kid anyway.
+100 My DS wants to go to a SLAC but not one filled with only rich kids. They don't seem to exist as all the SLACs are so expensive.
It's a smear to say SLACs have only rich kids. 40-65% of students at these schools are on financial aid with average award in the 50k range. There are a lot of rich kids outside that group but someone has to pay the bills.
76% of Middlebury students have parents families in the top 20% of hhi.
Where'd you get that stat from?
Because how does that square with this stat from the school's website?
Middlebury provides grant aid to about half of the student body. For the Class of 2025, the average grant was $57,000.
https://www.middlebury.edu/college/admissions/affordability#:~:text=Middlebury%20provides%20grant%20aid%20to,apply%2C%20visit%20Student%20Financial%20Services.