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Yes, but most families don't have the luxury of getting a free ride to ivies.
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<p>I think that's a statement that needs to be unpacked.</p>
<p>Harvard offers a free tuition, room & board to all students whose parents make less than 60k. Yet the median US family income in 2007 is $58.5k. What that means is that, at least last year, the *majority<a href="that%20is,%20over%20half">/i</a> of all US families would have been able to get free rides for their kids at Harvard. </p>
<p><a href="http://www.data360.org/dsg.aspx?Data_Set_Group_Id=867%5B/url%5D">http://www.data360.org/dsg.aspx?Data_Set_Group_Id=867</a></p>
<p>{Granted, it is 2008 now, but given the fact that we are probably in a recession, I rather doubt that median family income will have actually broken the 60k threshold this year). </p>
<p>Now, of course, I know what you're going to say. You're going to say that most American families won't be eligible for this free ride because their kids are just not good enough to get into Harvard in the first place, and that many (probably most) people who can actually get into Harvard happen to come from rich families (because, among other things, rich parents tend to instill a love of learning in their children and try to encourage academic success, whereas many poor parents can't or won't do that). That's obviously true, but I think it actually illustrates the central point perfectly, for after all, if you're rich, you don't really care how much Harvard costs anyway. Not many poor students are able to get into Harvard, but those that are will almost certainly find it to be one of the best deals going. Furthermore, the Harvard financial aid system is pro-rated. For example, even if your parents make $180k a year - which would put your family among the highest earning families in the nation - you would still pay only 10% (hence, only 18k) a year to go to Harvard. That is a killer deal.</p>
<p><a href="http://money.cnn.com/2007/12/26/pf/college/harvard/%5B/url%5D">http://money.cnn.com/2007/12/26/pf/college/harvard/</a></p>
<p>Let me tell you a story. I know 2 guys who freely admit that they grew up in a poor neighborhood to poor parents. Yet they studied hard because they actually dreamed of attending their state flagship school (and being the first in their families to go to college), and they did get into that state school. Yet they had high school teachers who also encouraged them to apply to Harvard, and got in, and then discovered that Harvard would actually be cheaper than their state school once financial aid was factored in. That's right - cheaper. Basically, his state school wanted him to take out some loans, whereas Harvard gave him a full grant + stipend. I will always remember one of them mordantly joking that he had always dreamed of attending his state school but he couldn't afford it, so he had "no choice" but to go to Harvard. </p>
<p>Now, to be fair, that's Harvard. Not all of the Ivies are as generous. But the point is, Harvard and other top private schools are, for many people, probably cheaper than their state schools. The catch is that you have to be good enough to get in. </p>
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Honestly, why would you want to go to an Ivy for engineering? The only ivy with remotely noteworthy engineering is cornell, and even it is eclipsed by some cheaper publics (uc berkeley, georgia tech, university of illinois)
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<p>Firstly, see above regarding the true costs of the Ivies. Ivies may actually be cheaper than state schools for many people, once financial aid is factored in. The sad truth is that financial aid packages at many state schools are not particularly impressive. </p>
<p>Let me make the comparison more stark. Harvard guarantees a free ride to any whose parents make less than 60k a year. How many public schools can say the same, especially for OOS students? </p>
<p>Secondly, I question what you mean by "remotely noteworthy". Even the worst Ivy ( which I think is Brown) is still ranked somewhere in the 50's or so for engineering. I would argue that that's pretty darn good considering the fact that there are literally hundreds and hundreds of engineering programs out there.</p>