SUNY, Of Course....Other Suggestions?

kayf
Wed, 04 Feb 2009 09:05:16 +0000

Tone, no one knows what is going to happen this year. IMHO, the economy is terrible and getting worse every day. My prediction, it will be heartbreaking, that many parents will have to say, yes you worked hard for 4 years, yes you were accepted into Cornell, but we can not afford it. Even schools that say that they provide full FA, and sincerely mean it, will be in a tight place and may be defining need in a way that doesnt work for parents. Many parents can no longer borrow from home equity or 401Ks and are nervous about their own retirements.

I would not want to be an Admissions Director this year. Yes, HYPS will be able to deal with it. My guess is everyone else will be reaching much further down on waitlists. Would love to hear from Adcms on this.