| | |  | | 
05-08-2008, 09:47 PM
|
#16 | | Junior Member
Join Date: May 2007
Threads: 6
Posts: 67
| meaning absolutely nothing in real life...ND costs 50K a year and no one making 100K or just about any other amount can simply afford to drop half their income on any expense. If you make 50K you are in the top half of the wealthiest country in the world, and almost any university tuition is going to cost more than half of that. 100K a lot...yes standing alone, but after crunching the numbers it is not exactly living the life of luxury. | 
| | |
05-10-2008, 05:12 PM
|
#17 | | Junior Member
Join Date: May 2008
Threads: 1
Posts: 71
| Well the kind of "real life" one is living is relative. If 100K means nothing in "real life" to you then kudos to you. For a majority of the world it would be a tremendous amount of money. Also, how one "crunches numbers" or over-consumes is again, relative. I would suggest not going to ND if your parents make "only" 100K if they cannot afford it. But a state school is an nice affordable alternative. | |
| | |
05-10-2008, 06:30 PM
|
#18 | | Junior Member
Join Date: May 2007
Threads: 6
Posts: 67
| Relevance.....most of the people in the world are not going to college so lets not compare on that wide of a scale. And I never said 100K means nothing in real life. And what are you talking about over-consuming? I personally come from a family that lives without many of the luxuries that those who make less often have, because my parents have elected to pay for their children's education. Over-consuming? I think not. I elected to go to ND over my state school because it will cost me 12K less out of pocket this year alone. Over half the people at ND are on financial aid because they can't afford the sticker price, and a substantial portion of them come from families making 100K | |
| | |
05-10-2008, 06:38 PM
|
#19 | | Junior Member
Join Date: Jul 2006 Location: Kansas-->Notre Dame '12 Gender: Male
Threads: 13
Posts: 138
| i agree. my parents don't make over 100K, but because they sacrificed for years beforehand and invested well, we have to pay sticker price @ ND. we don't have the 2nd homes, the boats, or even a fancy house because my parents made smart investment decisions w/ the money instead of spending it on themselves. and no, my parents do work hard for their money, they have 70-80 hr work weeks, and almost no vacation time. it would mean a lot to families like ourselves if ND would be able to help us out a little and give us something. | |
| | |
05-10-2008, 10:36 PM
|
#20 | | Junior Member
Join Date: Aug 2007
Threads: 23
Posts: 121
| In ways, both sides of this debate are right. Yes, 100k/yr. is more prosperity than much of the world could ever dream of. To me, "miidle class" is becoming like "liberal" and "conservative" in our political debate; everyone wants to impose their unspoken definition of what each term means. I think it is not a number based on median family income, but a collection of lifestyle and values. A state university is a very good alternative for someone in that range of income, but trust me, as properous as 100k per year is, no family could find 50k a year after taxes (Aalways keep those in mind) to pay for a private university. I don't know that ND has to do it or necessarily should, but for less than 1% of investment income on the $6.5 bil. endowment, they couls provide half the students with 20K/yr. in grants or scholarships. But, I'm sure there are many important needs and interests competing for the budget every year, too. | |
| | |
05-12-2008, 03:35 AM
|
#21 | | Junior Member
Join Date: May 2008
Threads: 1
Posts: 71
| Honestly, I think it is an issue of a university's priorities especially in this case, because again Chicago and Northwestern have endowments similar to Notre Dame's and Notre Dame has less students than Northwestern. | |
| | |
05-12-2008, 04:08 PM
|
#22 | | Junior Member
Join Date: Feb 2006 Location: Springfield, OH
Threads: 1
Posts: 64
| To the original poster, my brother is a sophomore at Washington and Lee. W&L was not his first choice. He was accepted Early Action to Georgetown, his first choice, but he also received a full tuition scholarship to W&L. It was the hardest decision of his life, and he hated having to turn Georgetown down in favor of the smarter financial choice. But it all worked out for him! He absolutely loves everything about W&L, he's super involved, on the golf team, president of his fraternity, dean's list, etc. (If you can't tell, I'm just a tiny bit proud of him). I'm sure your son will love being a General too! | |
| | |
05-12-2008, 10:01 PM
|
#23 | | New Member
Join Date: Feb 2008
Threads: 1
Posts: 5
| It's great to hear that your brother loves W&L. My son was initially bummed about ND but he's now feeling much better about his decision, and is looking forward to becoming a General. He's also going to play baseball at W&L which wouldn't have been an option at ND. I think that it's going to work out just fine for him as it did for your brother. Thank you for your post. | |
| | All times are GMT -5. The time now is 02:35 AM. |
College Confidential is dedicated to providing the best free college admissions information available on the Web, through our many articles and this discussion forum. For those of you who wish more personal advising, College Confidential offers private counseling services, conducted via e-mail, with services starting at $89. Counseling is conducted by our Director of Counseling Dave Berry, co-author of America's Elite Colleges and/or with Sally Rubenstone, co-author of Panicked Parents Guide to College Admission, and our other outstanding associates. See College Counseling for more information.
