Are Ivy Leagues for Undergrad Worth It?

beyphy
Wed, 03 Jul 2013 11:23:42 +0000

Dunno about the “studies” but the fact is, for many/most individuals, attending an Ivy – with extremely generous need-based aid, can be less expensive than an instate public. That is particularly true for California residents, since UC’s are at mid-$30’s, and climbing. Of course, other states offer very low cost instate options.



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As with the earlier study, there were some students who did fare better financially if they attended elite schools. The students who fell into this category were Latino, black, and low-income students, as well as those whose parents did not graduate from college.

In an E-mail, the researchers explained these exceptions: "While most students who apply to selective colleges may be able to rely on their families and friends to provide job-networking opportunities, networking opportunities that become available from attending a selective college may be particularly valuable for black and Hispanic students and for students who come from families with a lower level of parental education."



[The Ivy League Earnings Myth - The College Solution (usnews.com)](http://www.usnews.com/education/blogs/the-college-solution/2011/03/01/the-ivy-league-earnings-myth)

I have nothing against the Ivy league. Their education is among the finest in the U.S. to some of our country’s most promising students. Obviously, if an Ivy is cheaper than one’s state school, it’s a bargain. But there are a number of students who post on here considering taking on massive amounts of debt based on false beliefs about the value of an Ivy-league degree.

As far as UofC is concerned, the recently passed California budget allocates for middle-class scholarships, which can pay anywhere from 10-40% of tuition for families making <150k annually; and the UC stated that they won’t be increasing tuition this year. With any luck, both of those will help mitigate the fee increases these past years.