<p>
[quote]
I go to NYU, have a part-time job and most people I know do as well. Sure, there are rich kids here like everywhere else, but you've got to be kidding if you think this school if full of rich kids. that's not even offensive, that's just laughable NYU isn't much more expensive than most top 50 private colleges...I don't know where this rich kid stereotype is coming from, the olsen twins? lol
[/quote]
I was just guessing about NYU but I stand corrected.</p>
<p>Wow, Danas, I hope you didn't major in statistics. Roommates are about as non-random a sample as you could get for wealth, since it's the single largest living expense. Poor people will room together, while rich people will be living by themselves in their mansions.</p>
<p>I wonder at schools like Harvard -- how many of the finaid kids are from upper middle class families where Dad is a professor at some state school or a legal aid attorney. Nothing wrong with that, but if Gramps still has the $$ its not really the same.</p>
<p>99% of Harvard undergraduates live in College housing. No mansion living. Beautiful residential colleges, though. Harvard reports 57% applied for financial aid, 52% were determined to have financial need and had needs met. All this from the 2009 USN&WR Ultimate College Guide.
I would guess that these numbers may now be higher with a new aid regime. Whether the student body is now less well-off is another question.
Not bashing Harvard. I believe they are honestly trying to to enroll more modest income students.</p>
<p>"Seeing how about 50% of Harvard students get need based grants from the College, the chance that all 4 roommates would be on financial aid is one in sixteen." Your statistics are irrelevant in the face of facts.</p>
<p>"Roommates are about as non-random a sample as you could get for wealth, since it's the single largest living expense. Poor people will room together, while rich people will be living by themselves in their mansions." I don't know about this from the standpoint of dorms, however I guarantee that the distribution is non-gaussian based on race and concentration (major).</p>
<p>*% of students not receiving financial aid grants<a href="source:%20CDS%20H2%20unless%20marked%20%20%20for%20IPEDS%20data">/B</a> among private universities in the USNWR top 60 and liberal arts colleges in the USNWR top 30:</p>
<p>Macalester 31%
Case Western 37%</p>
<p>Grinnell 40%
MIT 40%
Chicago 41%*
Smith 42%
Wellesley 42%
Rice University 42%*
Mount Holyoke 43%
Carleton 44%
WUStL 45%*
Caltech 47%
Harvey Mudd 47%
Notre Dame 47%*
Pomona 47%
Harvard 48%*
Princeton 48%
USC 48%*
Yeshiva 48%*</p>
<p>Amherst 50%
Bryn Mawr 50%
Dartmouth 50%
Williams 51%
NYU 52%
Vassar 52%*
Barnard 53%
Swarthmore 53%
Tulane 53%*
Carnegie Mellon 54%
Miami 54%
RPI 54%
Bucknell 55%
Columbia 55%*
Haverford 55%
Middlebury 55%
Claremont McKenna 56%
Duke 57%*
Stanford 57%
Wesleyan 57%
Boston College 58%
Bowdoin 58%
Brown 58%
Lehigh 58%
Northwestern 58%
Yale 58%
Hamilton 59%
Oberlin 59%
Scripps 59%</p>
<p>Boston U 60%
Bates 61%
Johns Hopkins 61%
Cornell 62%
Penn 62%*
Pepperdine 62%
Colorado College 63
Emory 63%
GWU 63%
Vanderbilt 63%
Colby 65%
Tufts 66%*
Colgate 67%
Davidson 67%
Washington & Lee 68%
Wake Forest 69%</p>
<p>Brandeis, Georgetown, Rochester, and Syracuse had contradictory data and are hence excluded.</p>
<p>HYPS defnitely have their fair shares of rich kids, but they also have a lot of kids on financial aid.
Looking one post up, you'd see that:</p>
<p>USC has exactly the same number of students on financial aid as HP and more than YS.
NYU has more students on financial aid than YS.
BC has exactly the same number of students on financial aid as Y and only slightly (1%) less than S.</p>
<p>We're not talking about race and major, DocT. Pay attention.
As far as self-segregation by income goes, in my experience this happens less at elite schools than one might expect. Part of this is due to students living in university housing and eating university food. All have met the elite test of being admitted to a school like Harvard, where family money is a weaker currency on campus than the characteristics that got you admitted.
I say this as someone who once studied at Harvard and who has a daughter at Princeton. On financial aid, I'll add.
This isn't to say that a broad range of students from different economic backgrounds isn't important. Of course it is.</p>
<p>Thank you IBclass06 for answering the question. Everyone else is basically pulling random schools out of their ass based on guesses and stereotypes.</p>
<p>Tufts 66%
Colgate 67%
Davidson 67%
Washington & Lee 68%
Wake Forest 69%</p>
<p>I was going to vote for Tufts. My perception is, nice kids, some kids with need based financial aid, No merit aid whatsoever of course. Lots of kids from affluent families.</p>
<p>"I remember hearing that about two-thirds of Harvard students receive financial aid."</p>
<p>Yes, but not all of it is need-based. Even though the university itself doesn't give merit aid, many students win outside scholarships that offset part of their tuition.</p>
<p>"We're not talking about race and major, DocT. Pay attention."</p>
<p>What planet are you on? The discussion is about wealthy students with an emphasis on using % of students on financial aid as a criteria. You have used statistics incorrectly assuming a Gaussian distribution in regards to number of students that my kid will know who are on financial aid. I'm pointing out the distribution is non random and who one associates in school is partially a function of race and major.</p>
<p>The "wealthy" kids actually may be on financial aid. At many schools, families who have to shoulder the full tuition have less discretionary funds to pass on to their kids. Many of the financial aid kids get the difference in tuition back as spending money from their parents. So sometimes the "rich" kids are the poor ones...</p>