I recognize my views are in the minority and also never going to happen at Fordham for many reasons. Our endowment is healthy. Its better than a lot of catholic colleges, though not as high as some competitors.
I know scholarships are used to attract high SAT kids. But that is where we may really differ. I dont think the SAT defines IQ or “best students.” Its a blunt instrument. Its not a sharp knife with a clear delineation.
The difference between a 1350 and a 1400 or 1450 student is marginal…and a lot fewer questions on the SAT than you may realize.
Intelligence is really a kaleidoscope…and not two dimensional. Memorizing facts is not the same as depth of knowledge or curiosity or creativity. Not saying you kids posting here with high SAT’s aren’t creative or smart…just saying its not a measure of those things…
Yes, I am talking personal stuff…and my kid was one of those who fell a bit short on the SAT for scholarships…and was a public school kid, and yet had superior grades and 9 AP’s and when at Fordham outperformed many of her colleagues and friends, some of whom had much higher SAT’s. To her philosophy and history and literature and music theory and theology were like being in the Land of Oz. Math and Science she was plenty good at…and performed beautifully…but didnt get the same sense of joy or appreciation…while many of her friends were hard number and memorization people and HATED philosophy. Who is smarter? Depends on what you are measuring.
I acknowledge the SAT is the best available objective measure and if they are giving out money, what else could they use? Since gpa’s are also manipulated at many schools (particularly the private schools.)
I was just trying to be more fair and equitable. She got a healthy university grant in aid that was roughly equivalent to a strong scholarship, but not full tuition. If you got a 1500+ SAT and got a full ride, even if due to being URM, congrats…I am not detracting from your award and pride. I am only saying too many middle class kids who get into Fordham have to say no because they cant afford it…truly can’t afford it. Taking on 100k debt to attend Fordham is preposterous. LUDICROUS. DONT DO IT. Because you may need that debt for graduate, professional school.
and Fordham isnt just producing Wallstreet bankers. Or television producers.
I know the Ivy League schools like Columbia have endowments that are beyond shocking. And that afffords them the ability to be not only very selective and elitist in admissions, but also give everyone and anyone a debt free undergraduate experience. But my kid got into Columbia for grad school and she finished in the VERY TOP of her class at Fordham…and Columbia offered no money in scholarships for a terminal M.A. program. (She decided against a PhD program because they take so long, they are very political in how they select people…and you become a slave to one faculty sponsor…and at the end of the day you become just another college professor which isnt/wasnt her goal in life (not being STEM oriented/motivated.)
I also wish people select Fordham for Fordham…not for its merit scholarship offer. Though that is of course not happening…and people select Fordham for many reasons, and money may well be one of them.
In short, I just dont think the SAT separates “merit” as well as most recipients believe. My kid had fabulous scholarship offers from other Jesuit schools and other colleges…and chose Fordham (ouch!). At the end of the day, the real measure of who is the creme de la creme (in any particular course or major) is the growth and grades on papers and exams…
my kid had fun at Fordham. But was basically in “a club of nerds” …a group of hypercompetitive friends who also really enjoyed learning…and getting those internships that changed lives. She was exhausted every semester. Sometimes to the point of getting ill. Overworked, lack of sleep. Stress. But always striving. And was often her professors most valued student…which we saw on graduation day when she was hugged by four Dean’s and everyone was crying tears of joy and accomplishment…and sadness that the long journey was over. There is not enough money in the world to measure that. She worked for her grades…and Fordham was so transformational it is shocking to many of her hometown friends. Many of them (and some went to very elite schools) have commented that she may have had the best academic experience in undergrad school than ANY of them.
We are grateful we got through Fordham and paid for it, and her debt load was not debilitating…though certainly a healthy size. But its a point of pride for her today…If she was at Fordham now with the price tag north of 60k a year? We likely would have gone elsewhere. And that would have been a tragedy for everyone.