How many are paying sticker price?

austinmshauri
Sun, 22 Apr 2018 02:39:03 +0000

@Happytimes2001: Right now the equation just doesn’t work. There are tons of middle class kids who make economic decisions to forgo the best school in favor of the most affordable school. While the Pell grant recipients and top income folks have no worries.

Pell Grant students have no worries? In what state might that be?

You do realize that many low income students also have to forgo acceptances due to finances, right? The difference between them and “donut hole” kids is that most of the low income kids will be attending their local commuter school while the “donut hole” kids will settle for a ~$30k/year residential college instead of the $60k one they really want. The number of Pell students who have tippy top stats and who get admitted to a meets need school is a small percentage of the total number of Pell students. Many low income students with great stats get accepted to residential colleges that don’t have the means to make it affordable for them. I’d sooner live in the “donut hole.”

I don’t really understand why there’s a separate term for middle/upper income families who want something that’s more expensive than they can afford. How is that different from all the lower income kids who want to attend a residential college or dream of going OOS and have the stats to get in, but not the money to pay? If you’re too poor to pay, you’re too poor to pay.