<p>BU is pretty generous about financial aid… so a lot of smart students who were accepted to “better” but more expensive colleges often wind up coming here cuz it’s cheaper for them. in general, private schools have little economic diversity, but i think BU’s financial aid makes it have a higher degree of economic diversity than other private schools.</p>
<p>the majority of BU students are middle class and upper middle class, but there’s definitely plenty of students from the extreme ends of the spectrum too. i know some students who are filthy rich (one of my friends wears tailor-made $800 shoes), but i also know just as many who can’t afford anything beyond the very basic necessities (one of my friends can’t afford to go home to africa until his 4 years here are over).</p>
<p>if you’re just hanging out with people who dress similarly to you, you’ll always be blind to whatever economic diversity there is. unlike with racial diversity - where even if you always hang out with people from your race, you’d still know that others exist - with economic diversity, unless you spend time with others, you’ll never find out that not everyone can afford somethigoing out to eat.</p>