And “meet full need” can be an empty promise if the college’s definition of “need” is significantly different from what you think you need.
But do St. Olaf and Carleton have similar definitions of “need”?
And “meet full need” can be an empty promise if the college’s definition of “need” is significantly different from what you think you need.
But do St. Olaf and Carleton have similar definitions of “need”?
When there are so many schools with a sticker price in excess of $90k, I tend to think of them as a group with different ones popping up on the “most expensive” sticker price list each year as they’re all clustered so closely together. Even though there is little overlap between the highest sticker price colleges and the best/worst income distribution of students, with the exception of Landmark, most of the colleges on the highest sticker price list are schools found on the same application lists of students applying to selective schools.
I will say that at the schools with the “best’ income distribution, that the top 5% is overrepresented between 4.5-6.5x more than it representatively should be, while the bottom 80% is underrepresented by about half. And four of those top 10 are publics which have policies in place to help make things much more affordable for their economically disadvantaged families.
Would it be fair to say that the income distribution at schools with sticker prices of $65k or below generally have a different distribution than schools with sticker prices of $90k or above? Although there are exceptions at some schools, my sense is that the general trend would be less clustering overrepresentation/underrepresentation, but you, @Data10, are truly the data maven.