Is $70,000 per year for an undergraduate degree worth it?

[ucbalumnus]

@mom2and

It also doesn’t mean it is not a problem that many private schools have classes made up of the very rich and those that have relatively low incomes (except at very few of the very top schools).

The super selective private schools that are focused on in these forums typically have about half of the students with no FA. Of those with FA, typically only about a quarter to a third are on Pell grants (below median income). So there are still lots of students from upper half income families that are not in the top 3% or so, although the top 3% is the best represented.