Thank you for sharing these graphs; I find them very interesting. It reminds me of the thread earlier this year when 25% of students thought the average American salary was over $100k/year. As 4/7 of Princeton undergrads are expecting to make a 6-figure income after graduation, the reasoning might be similar to those of the Wharton grads mentioned in the post:
I’m curious to know whether the students get the income that they expect, and how those incomes compare to people in those same region with the same major but from a less prestigious college. (For instance, how do the salaries of Rutgers grads in those same majors compare to the salaries of Princeton grads?)
For full-pay families who feel this way, is there an expectation (verbalized or implied) for the children to do anything for the parents as a result of the education they have been provided? For instance, a college friend’s family paid for him to go to an elite medical school, including all related expenses. But he expected and understood that when his parents were older that he would be expected to provide any financial support asked of him.