Anonymous wrote:If I were HYP, I’d go tuition free for all. And I’d charge everyone for room and board.
It’s true students would take out loans, but those loans would be similar to what kids were taking out in the 80s, adjusted for inflation.
And I’d cut the entire FA dept. No need. If they need to offer low/no interest loan products, sure. They can find a finance partner for that.
Anonymous wrote:Why do people even apply to private colleges if they can’t afford it? I don’t get the mindset that you have a right to go to an expensive, private college.
Anonymous wrote:Anonymous wrote:It shouldn’t be all or nothing. Someone making $190k can afford plenty tuition. Someone making $120k can afford some tuition. It pisses me off that I have to pay more so that someone else can pay nothing. We’ll likely be skipping private schools for OOS.
Very few private schools do what OP is talking about. My kids get merit aid at private schools, and we didn't even submit FA forms (and they have high SATs but not straight As).
Anonymous wrote:It shouldn’t be all or nothing. Someone making $190k can afford plenty tuition. Someone making $120k can afford some tuition. It pisses me off that I have to pay more so that someone else can pay nothing. We’ll likely be skipping private schools for OOS.
Anonymous wrote:Anonymous wrote:Just wait till rich parents falsify their incomes and assets to have their children attend private colleges for free.
wealthy people have always done this. I stopped going to my kids orthodontist bcs he kept telling me how his three kids go to college for free because he'd hide all his money in the business.
Anonymous wrote:Just wait till rich parents falsify their incomes and assets to have their children attend private colleges for free.
Anonymous wrote:Anonymous wrote:I’m wondering what the real motivation is for some schools to do this.
Hopkins is doing it, right?
While I know one kid currently at Hopkins, I know a dozen who passed on the school because of its location (read: fear).
So is that why some schools are doing this? To attract smart kids who could go to pretty much any other school on a full ride?
I just wish someone could figure out how to make college more affordable. It’s all become ridiculously expensive.
It’s done for marketing, PR, and virtue signaling, of course
Anonymous wrote:Just wait till rich parents falsify their incomes and assets to have their children attend private colleges for free.
Anonymous wrote:No free tuition, pass a law that education tuition can't be used to subsidize others. It's ok if it's from donation directly to a fund for the poors.
Anonymous wrote:Does this mean that if you have a house that is now worth $750,000 but you make under $200,000 a year that you will not qualify for free tuition?
Anonymous wrote:It shouldn’t be all or nothing. Someone making $190k can afford plenty tuition. Someone making $120k can afford some tuition. It pisses me off that I have to pay more so that someone else can pay nothing. We’ll likely be skipping private schools for OOS.
Anonymous wrote:Anonymous wrote:This is the sort of post that only someone who was never close to qualifying for financial aid could make. Do you think at the colleges that are tuition free for families earning under $200k are giving nothing to families who earn $201k? NO!!!!
You are wrong. In fact those colleges are giving nothing to families that earn $201k, and even $150k, if those families have saved responsibility. On the other hand, there are irresponsible families (or families who are particularly good at hiding assets) who are getting some aid up to $250k or even more.