<p>“Summer internships in our state seem to go to the kids who attend state U.”</p>
<p>I’ve seen a lot of internships locally to state universities. The companies have relationships locally and alumni from the state unis are good about calling university departments looking for interns and grads. Those going to ivys and other elite schools do have a big advantage with large companies - it’s just that most large companies are cutting back right now.</p>
<p>As somone noted, "
I simply don’t understand why private education should be an entitlement to anyone in our society. Anyone at all. "</p>
<p>Response: I completely agree.</p>
<p>This year, the only poor kids getting into the expensive meet-100%-need LACs are ones with really really really good stats. There are very few truly need-blind schools. LACs are tightening up the purse-strings this year.</p>
<p>"Summer internships in our state seem to go to the kids who attend state U. "</p>
<p>Sewhappy: Isn’t your son able to get a summer internship or grant through his ivy league school? They usually have tons of them.</p>
<p>^ Yes, but they involve staying on campus or going abroad or to another city. He and we want him to come home! I think next year he will be more proactive on the grant proposal end of things so that he can pick his location more.</p>
<p>Son (at State U) was just accepted for a research internship (NSF). There have been a fair number of opportunities this spring - not as many as last year though. He has to decide on whether or not to take it. There are a few other applications pending for industry internships.</p>
<p>The line between the numerator and the denominator is known as the division bar.
Some of the major bars that divide the rich people and the poor people are greed, extreme self-interest and self-absorption.
Slavery and servitude to greed is what has almost destroyed and ruined financially this country.</p>
<p>Many of the leading schools invested their considerable if not huge endowments with hedge funds that manipulated commodity prices like oil and lost a bundle as a result of their highly paid administrators’ greed.
Others like Tufts invested their tax-deductible charitable alumni donations with Ponzi fraudsters like Madoff and lost tens of millions of dollars.
Those funds could have been used to support the education of worthy students “in need”.
Now the same incompetent university administrators are warning of cancelling long term school policies of admitting students solely based on their ability and not on their financial need.</p>
<p>The superfluous elitism of some of these schools and their tendency to avoid self evaluation or constructive criticism is quickly leading them to the eventual devaluation of their degrees that will not be earned anymore but “bought” by the admitted students.
I mean how many “George Walker Bush” frattypes an institution like Yale can afford? </p>
<p>A society that is artificially increasing the denominator of those in low and middle income families and prohibits their children to attend schools that match their abilities causes the value of education and the value of the society to go to zero.
What a waste of resources!
Eventually the whole country will follow the value collapse without capable political, financial leaders and educated workforce.</p>
<p>The raising of the standard of living and education is not done by paying lip service but in reality raising barriers to the education the best low and middle income students can excel.</p>
<p>A.P. </p>
<p>p.s.
Education is not a consumer good to dump every couple years.
It’s what makes or brakes the future of a country.</p>
<p>I’ve never felt so lucky to be an untalented rich individual.</p>
<p>Maybe I do have a chance at college!</p>
<p>Akis Psilos - Eisai Psilos?</p>
<p>DocT,
Confidentially speaking, I am …
like a BB player from Lithuania.</p>
<p>my D high achiever and low income and not an URM got waitlisted at 4 schools(top ones) I’M VERY BITTER because i know it was because of her status ( poor white girl!!) she knows too and even her counselor agreed! now she is staying on the list but i believe it’s a waste of time because her status is the same, we still don’t have the money ( i know some kids waitlisted that got off the FA to have more chance on the list). However we received 2 packages from nice schools(American and Emory-Oxford) with little loans and big grants. at least she won’t have big credits on her shoulders! and both schools are pretty nice!</p>
<p>/\ right there with you</p>
<p>response to La Vie and others: My son is a middling, but rising student in a very intense, over the top, private New York City prep school; He is presently debating between a good NY state school (19 K,) and a private college, very expensive but he did get a 15K scholarship there, plus loans, etc. But what is fascinating is what went on in his school this year.</p>
<p>OK, to be fair, this was a stellar class, truly a great class, with totally amazing kids, and the most diverse the school ever had, but last year, one person got into Harvard and while lots of people got into Penn, and Brown, it was fairly slim pickings for the other ivys, This year, 7!!! people got into Harvard, at least four got into Yale, at least three or four Princeton, maybe 8 or 9 Brown, five Swarthmore, and on and on. And we are talking about 100 kids. And while - as I said - this may be one of the school’s best classes ever and many of the kids were truly deserving, my guess is that most, not all, but a substantial portion of the class did NOT apply for FA… and so given that article, I am wondering how much of an effect that had? We are on the lower, lower end of the economic spectrum in that school and applied for FA and got it, but my guess is that we might have had a broader range of choices if we had not applied FA.</p>
<p>With any NYC prep school the key to the difference in year over year acceptances at ivies is mostly linked to the number of legacies and large donation candidates.</p>
<p>While I don’t know this for certain, some conversations with those the know, including college counselors, claim there were less legacies than usual, and one of the double Yale legacies got on the waiting list. And less large donors although I am sure there were a few. That’s why I am intrieged.</p>
<p>Might it be just possible that it really isn’t so much about the legacy/large donor hooks anymore? Maybe they mean it when they say they are looking for the best candidate to round out their classes - academics and interests. Every now and then the endless cynicism over this stuff gets old.</p>
<p>Many of the kids I know who were accepted to the most selective schools needed a lot of financial aid. The counselors at S’s high school feel that there a number of schools that are truly need blind from what they have seen, but there some schools that say they are need blind that they (the counselors) have doubts. </p>
<p>Of course, this is all based on past performance. Who knows what is going to happen now with endowments going down. Colleges do not like to advertise that they are need aware. When they do make such announcements, they minimize that issue in the admissions pictures, saying that it affects a low number of applicants. In my opinion, if a school is need aware, I would like to know. I do want to say that I have seen some very generous awards from need aware schools, as some of them tend to provide good aid for those they do accept which is a reason why they cannot meet 100% of need. So those who have financial need should not necessarily eliminate such schools from their child’s list. You could get a good deal there. Your child should be in the upper echelons of the admissions stats for such schools, however. If you need financial aid, you also need to have a variety of choices.</p>
<p>I know of an LAC that states that it’s need aware policy affects, as
you say, a low number of apps. I recently read a statement that appeared
briefly on the web before being quickly removed. That “low number” was over
300 apps last year and you can bet it was much more than that this year.
As you say, if you are in the top 25% of apps it’s worth a try otherwise look
elsewhere. The problem is that with the huge numbers applying that top
25% have super stats, again reducing the number of low income acceptees.
I’ll bet that most lacs, even the lower level elites, are very happy to have
a full paying app with stats slightly below their mean. They can give a small
merit award, end up making $35,000 off the app, and the kid can still say,
“look, I got into …” That app is almost a “sure” admit.</p>
<p>Accurate numbers do not lie. If the numbers are accurate and the phenomenon occurs in more than one high school then it is not probably just an amazing coincidence.
It clearly shows a new trend this year among certain colleges that lost a lot of money with speculative investments or because of financial mismanagement.
There is no fear of course that these upper tier institutions will go bankrupt but incoming money talks a little more louder in a deep recession.
Despite what most colleges claim about increasing their financial aid the truth is much closer to the NYT article although schools with deep pockets are not really “hard pressed”, not this year, neither for the next 10 years. </p>
<p>In case of morvoren’s son I don’t believe that “not asking” for financial aid would have made a difference. If the family couldn’t afford it then the possibility of financial stress to the family later would be real with undesirable results for the student’s graduation.
If he was the best student in his school (not even one of the best) then it would have been a different story.
Ivy admissions are so subjective anyway at the highest student level of very minor quantitative differences so subjective decisions dominate.</p>
<p>A minority or an athlete student applying receives a different treatment since there is a clearly stated school policy of preference.</p>
<p>In short the number of those that were getting the short stick increased despite all previous assurances.
Suprisingly there are still 100’s of excellent schools that have plenty of seats available and are waiting impatiently to hear the affirmative answer from more students.</p>
<p>“Costs for both will be lower next year due to stimulus money.” </p>
<p>No, costs will be higher because of the inflation caused by printing said money.</p>