Paying the Price

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  Posted By: pshepherd @ 05/14/2008 11:04:27 PM

  Taking

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  Posted By: egargiulo @ 05/12/2008 7:30:15 PM

  The new financial aid initiatives adopted by many of these top-ranked institutions aren't nearly as panoramic as this article would lead one to assume. At many of these schools, specifically the Ivies, there's still a large number of accepted students that must opt for the more affordable, state schools because they choose not to pay $200,000 for an undergraduate education. The "pressure" or the shift of power that is referred to is greatly overemphasized, and I would instead suggest that it does not exist. Instead of focusing time, energy and endowment allotments to financial aid, I would hope that these elite schools, and many others, drive greater efforts on lowering the cost of attendance.

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  Posted By: frog2 @ 04/11/2008 8:36:42 AM

  The whole picture here is about 1% of extremely smart kids. What about the low A student who is middle class and has to graduate with tons of loans where the smart kid will go to Harvard get a 6 figure income and have no loans. Life isn't fair and the rich get rich while the middle class gets more indebt. Soon there will be no middle class.