<p>Theres going to be a cascading of talented lower-income kids down the social hierarchy of American higher education, and some cascading up of affluent kids, said Morton Owen Schapiro, the president of Williams College and an economist who studies higher education.</p>
<p>I doubt that won't get accepted, probably very little aid so they can't go though. Then maybe they will put those who can pay on the waitlist and then admit them.</p>
<p>Amen. Morty sure does like to talk about what other colleges are doing. Makes me think he doeth protesteth too much, especially since Williams just announced the largest price increase I've seen so far this year.</p>
<p>I predicted that headline at the start of this season of college apps. I figured checking a 'will not be applying for financial aid' box would be a Golden Ticket - at least to a pile of 'preferred for financial status.' I projected colleges would up the number of acceptances to those who can pay to a higher percentage than in the past. But then there is the 'bribe them with 10-20 % so they will fork over the other 80-90%.' So Yale, let Blair Waldorf back in - she can pay full price! (Gossip Girl, here!)</p>
<p>And what is so terrible about public universities? For the very academically talented there are generally a lot of funds available. At our state flagship a full tuition scholarship for relatively non-stratospheric SATs and GPAs, if we are talking about extremely talented students.</p>
<p>If the issue is elitism, then that's a completely different argument.</p>
<p>I simply don't understand why private education should be an entitlement to anyone in our society. Anyone at all.</p>
<p>AHH! That's not good... I basically can't pay for college at all! Being an international student (even though I lived in US for half of my life) definitely wont help my admission chances...</p>
<p>I'm in Illinois, and the only PUBLIC "good" school is UIUC (which my dad works at) a huge super cliquey, super partying pre proffesoinal school that costs 27k a year instate with horrendous aid (basically all loans no matter how needy you are). I prefer schools under 3000 students, Liberal Arts, no grad students and no cliques. The smallest public school in the state has more then 10000 undergrads.</p>
<p>My other choices instate are all direction school (southern Ill, western ill, northern Ill, Ill state) that all the same as UIUC accept less strong academically.</p>
<p>I envy people in states like Virginia, California, NY and Florida (and others) that have a variety of instate options of varying size and cost.</p>
<p>So my choice is to take out 15k a year loans to attend and instate PUBLIC school I hate or take out 3k a year loans to attend a Private LAC in Wisconsin.</p>
<p>So I'm going to have to take on $50,000 in debt to go to college so I can try to stop the low-income cycle of my family. Then I'm going to graduate, but I won't be able to find a job. So I'll have $500 a month in loans to pay off. I'll be working minimum wage, living with my mom, finishing out another piece of my family's poverty-line cycle...</p>
<p>Yup, that's pretty much what this article is trying to tell me. Let's hope that doesn't happen next year.</p>
<p>
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And what is so terrible about public universities? For the very academically talented there are generally a lot of funds available. At our state flagship a full tuition scholarship for relatively non-stratospheric SATs and GPAs, if we are talking about extremely talented students.
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</p>
<p>My public university is still $19,000/year. Its financial aid program isn't fantastic. I think that many upper-tier low-income students would pay about the same rate at the in-state schools (which are more need-conscious) than at private schools. Community college isn't a good option because scholarships and financial aid (in my area) is not really an option. With minimum wage poised at $6.55, it would take at about 25-35 hours a week on top of classwork to attend. Although there are numerous options out there, I do not agree that it is as easy as "go to the local public school". I do agree that private school is not an entitlement, but the reason I have gripes with this new problem is because it creates a lack of socioeconomic diversity and an excessive of entitlement for the rich.</p>
<p>Son is going to a public university. Daughter goes to community college (dual enrollment). Costs for both will be lower next year due to stimulus money. I don't know what will happen after that. Maybe stimulus plan #5.</p>
<p>What if you can scrimp and afford the full fee, but, decide to apply for financial aid to see what you can get. Will that hurt a student's chance of admission?</p>