<p>Any effects on number of applicants this year or next year due to sub prime financial problems.</p>
<p>Are you opining fewer kids applying due to low/no iBanking bonuses?</p>
<p>How these financial problems will have any effect on applicant pool for low, middle, high, and urtra high income family.</p>
<p>Are there any effects? Sure, yeah, I suppose.</p>
<p>Is there a material impact on the applicant pool on a macro level? I think it’s doubtful.</p>
<p>As for the impact of low/no iBanking bonuses…don’t be so flippant or dismissive, hazmat. For people who are already sending their kids to expensive boarding schools, things could be tightening up…and with the horse now at midstream, these families can’t seek financial aid. So they have to make choices and reorder priorities: will Thurston remain at Choaton School or is it time to put that 1/8 share in the Dassault Falcon 900EX?</p>
<p>
**
Hey…no flip intended. I was referencing the bonus affect as discussed last year. That increased numbers of applicants driven by largesse. That was all. I am hearing the Stagflation word bandied about and I know that cost of goods is up to the consumer. Harvard making an effort to award FA to those earning up to $180…so yes, I am aware. My personal thought is that an increased FA for the lower income student will keep the application numbers high. Greater aid from BS and from some selective colleges will make folks look to the most selective schools. It will be interesting to watch this unfold.
** I know how hard that must be…worrying about such decisions!</p>
<p>The last time the applicant pool took a real hit was the Asian financial crisis. For all schools, a good proportion of the applicants, as opposed to the admits, were coming out of Korea and Japan. Japan dwindled to almost nothing for awhile there. My guess is that the US woes may affect the US applicant pool (although as a recent NYTimes article pointed out, the rich keep getting richer) but with the dollar falling, US boarding schools are starting to look more and more affordable to overseas applicants.</p>