<p>More will be accepted this year:</p>
<p>I hope that continues for Fall 10’ transfers like myself.</p>
<p>I’m glad the rich get the leg up once again. lol
that’s really quite a shame in my opinion.</p>
<p>this makes me insanely happy. this is easily the best thing i’ve heard all day. not that it’ll be the deciding factor in my application, but this definitely helps.</p>
<p>The only good side in all of this is that with more money coming in from people who can pay in full, there is more money for financial aid. For instance, Emerson College in Boston raised it’s tuition this year by 3%, the lowest increase in years, but is expanding it’s budget for financial aid from that money. 2/3 of the money from the increase is going to the financial aid budget.
But, alas, it’s the ONLY upside unless you are one of the wealthy.</p>
<p>im glad too, might be even be the border factor that can get me into my very selective top choice… who knows! ill hope for the best!</p>
<p>Womanofmanyhats, realize why they raise the FA budget, and how. It is overall bad news for those with large need. By raising the budgets what many colleges are doing now is ‘discounting.’ They will give a merit scholarship of say $20K to those who can pay $30K. This makes their cost closer to state school costs and they are more likely to enroll students who can pay most of the freight.</p>
<p>For economic diversity, this is bad news.</p>
<p>Well, good for everybody whose parents can shell out 50K a year.</p>
<p>student asking for $50,000 aid here
i know it sucks.</p>
<p>if they did this policy two years ago i would have been set… not so much now. I guess it’s time to start playing some lotto</p>
<p>Hmom5,
I totally agree with you. I was just merely stating the only good thing I can find in this terrible situation. 
Nobody needs one more reason for the rich to get things given to them because of their wealth.</p>
<p>womanofmanyhats-
you should know that the ‘rich’ dont get everything handed to them because of their wealth… thats a very generalized and arrogant statement… many/most of the ‘rich’ worked hard to make that money, and though im not saying that those who are not as economically well off didnt work, i still stand by that its not like we all won the lotto and got the money we have…
i know my parents have worked hard through their lives, just so they can provide me with the money i need for education, clothes, food, travel, or whatever i may need…</p>
<p>ns89 - true that. My parents immigrated to this country escaping war and came into this country with nothing. They just chose to really work extremely hard for their wealth and have the strict intention that I should too. That’s the reason I work paying off my own college fees, books, food, and other expenses.</p>
<p>ns89,
Please don’t misunderstand me. I completely understand. I do not feel that the wealthy do not deserve the rewards of their labor. I apologize if the statement came off as generalized. It’s the people who haven’t worked hard for it and get college acceptances because of donations or simply a “rich name” that make it difficult in the scheme of things. Meanwhile, someone who may not be as well off who is working twice as hard, can be pushed down because of the topic of this article.
I apologize if I insulted you in anyway as I did not mean to. I’m happy this article is helping those who have worked hard to be able to afford their schools. I just worry about those have worked had and still can’t.</p>
<p>womanofmanyhats -
ok no worries, i just reacted because i know a lot of people do in fact think that wealthy dont deserve their money… for example… i even have close friends at my current university who come from less fortunate families who criticize me for buying expensive clothes, but then they go and blow upward of $400-500 on alcohol and weed every month… kinda idiotic in my opinion i use like $20-50 on average every month on alchohol, and i think that is more than enough, and i dont smoke 
it just makes me mad when people whine and then dont see the are the ones that are doing something wrong! but i understand that you are not one of those people </p>
<p>anyway, i am all for equality, in fact my parents have various family friends who are high ranked officials in the Indian government who have offered to ‘pull some strings’ for me, to get me in to whatever college i want, but ive courteously said no thanks :)</p>
<p>also, i have to say, great posts, i see you like wherever i go on this forum, and always with good comments keep it up! :D</p>
<p>makebank -
yea exactly, my parents didnt come from war or anything, in fact, they(esp my dad) came from respected and wealthy families in india, but they chose to make their own path, and so my dad moved to sweden at 22, with $8 and worked 3 jobs while studying engineering at swedens best school and now he has become successful and encourages/expects me to do the same i dont get spoiled, but i get what i need and the financial support i need for my education, mainly because i cant work here in the US(no green card) and schools cost a lot more here :P</p>
<p>Thank goodness for this. I hope this affects Stanford and the Ivies too. I have been saving up to pay for my last two years of my undergraduate education.</p>
<p>yay recession college special!</p>
<p>I’ll definatly point this out if I’m wait listed :)</p>