kids that pick ivy league schools do so because of how lucrative it can be after you graduate, not how lucrative it is while you are there. This doesn't change anything.
If an Ivy League school wants an athlete and that athlete doesn't go to that particular school it's never because the athlete can't afford to go. I used to know a coach at a D1 school in the Boston area. He had scholarships but he said when he wanted a kid Harvard really wanted he could never match the package Harvard offered.
This just isn't true. Harvard may have got the recruit, but it was not from any money, or funny money.
It's only need based fin aid or pay at the Ivies and top tier d3. They are religious in applying this.
If an athlete's family makes less than $125000 a year, it is, however, a fully paid free ride.
For a smart athlete from a lower income or single parent family, the Ivies can make a very competitive offer, now 4 years at $400,000.
Most people don't belive it. The Ivies provide no academic or athletic aid. But your statement is misleading. Income is only one part of the formula. A family can have no income and still pay full price based on assets.
kids that pick ivy league schools do so because of how lucrative it can be after you graduate, not how lucrative it is while you are there. This doesn't change anything.
And kids who pick Stanford / Duke don't?
Thats one reason kids pick those schools. They can also pick stanford and duke for scholarship money or getting to compete in a top conference and on tv in a sport where that matters (basketball/football etc.,)
My point was that nothing will change in regards to that based on this decision. The kind of kid who is being recruited by an ivy league school and chooses to go somewhere else was already making that decision today before the ivy league made this announcement.
There are few official statistics on Harvard’s economic class demographics. But what little data we have is staggering: Analysis by Harvard economics professor Raj Chetty ’00 found that 67 percent of Harvard undergraduates come from the top 20 percent of the income distribution. Just 4.5 percent, meanwhile, come from the bottom 20 percent.
At a school that swears up and down that it cares deeply about diversity, there are almost 15 times as many rich undergraduates as poor ones.
Most people don't belive it. The Ivies provide no academic or athletic aid. But your statement is misleading. Income is only one part of the formula. A family can have no income and still pay full price based on assets.
True, I just don't have time to write the whole FAFSA calculations here.
Generally, the folks with no income and $1million plus in assets, are pretty well off.
The system can be sad and disappointing, however, for a middle class family that saves and invests wisely to build a college fund, only to find that exactly that fund prevents them from getting aid.
That is sort of a well duh type of announcement. Wealthier people are smarter than poor people so their offspring will be smarter. Sort of like saying NBA players' kids are ten times more likely to play D1 college sports than kids from the general population.
If an Ivy League school wants an athlete and that athlete doesn't go to that particular school it's never because the athlete can't afford to go. I used to know a coach at a D1 school in the Boston area. He had scholarships but he said when he wanted a kid Harvard really wanted he could never match the package Harvard offered.
This just isn't true. Harvard may have got the recruit, but it was not from any money, or funny money.
It's only need based fin aid or pay at the Ivies and top tier d3. They are religious in applying this.
If an athlete's family makes less than $125000 a year, it is, however, a fully paid free ride.
For a smart athlete from a lower income or single parent family, the Ivies can make a very competitive offer, now 4 years at $400,000.
I don't know if Harvard actually got the kid or not. The point was that if the kid wanted to go to Harvard Harvard would find a way to make sure the kid could afford to go there. Maybe that would have involved the family paying some of the cost but if they couldn't Harvard would have covered it.
Completely false. You can use the calculator on their page to see. It takes about 3 minutes. More than 50% pay full price. People who earn a modest amount but save like crazy pay full.price. People who make a nice salary pay full price.
This just isn't true. Harvard may have got the recruit, but it was not from any money, or funny money.
It's only need based fin aid or pay at the Ivies and top tier d3. They are religious in applying this.
If an athlete's family makes less than $125000 a year, it is, however, a fully paid free ride.
For a smart athlete from a lower income or single parent family, the Ivies can make a very competitive offer, now 4 years at $400,000.
I don't know if Harvard actually got the kid or not. The point was that if the kid wanted to go to Harvard Harvard would find a way to make sure the kid could afford to go there. Maybe that would have involved the family paying some of the cost but if they couldn't Harvard would have covered it.
Once again, that isn't true - this is not how financial aid works at ivy league schools, and financial aid is the only kind of money ivy league schools offer. Whoever told you this is just wrong.
Completely false. You can use the calculator on their page to see. It takes about 3 minutes. More than 50% pay full price. People who earn a modest amount but save like crazy pay full.price. People who make a nice salary pay full price.
So all of these people's kids can afford to go to an Ivy if they want to . And if a kid whose family does none of these things but is a kid the school wants, for whatever reason, the school will make sure s/he can afford to go.
No. I am one of those people with a modest income who never spent any money but saved instead. I don't have a pension. I have parents who I started taking care of. My savings won't carry me through until my death. I have 15 year old cars. I have a small house worth $200K. I can't spare money for college but the Ivies told me that I can pay full fare because I have savings.
I personally would find the Ivies as a very, very, very attractive running option in today’s current landscape as a good runner if my family either could get decent aid from net price calculator or I didn’t have to be price sensitive to college tuition. Why? I wouldn’t always feel like I am at risk of being booted off the team; I am not only as good as my last race; man I don’t want to say anything if I am hurt for fear; I am not in a lord of flies situation with my teammates on who is going to get cut; and I don’t have to deal with new teammates and crap culture constantly because of transfer portal games because it is so hard to transfer into an Ivy league school. Plus no matter how much people bag on it the degree still means something.
So all of these people's kids can afford to go to an Ivy if they want to . And if a kid whose family does none of these things but is a kid the school wants, for whatever reason, the school will make sure s/he can afford to go.
No. The family who thinks they can't afford it completes a css profile and files the FAFSA. This determines the expected family contribution (efc).
The family is expected to pay the efc. Harvard would pay the rest via finaid grants.
No. I am one of those people with a modest income who never spent any money but saved instead. I don't have a pension. I have parents who I started taking care of. My savings won't carry me through until my death. I have 15 year old cars. I have a small house worth $200K. I can't spare money for college but the Ivies told me that I can pay full fare because I have savings.
How badly do those Ivies want your kid? I would bet not as much as if s/he was an All State point guard or something similar.
How badly do those Ivies want your kid? I would bet not as much as if s/he was an All State point guard or something similar.
You'll note the Ivies are not getting the same caliber point guards and qbs as Power 4 schools.
Let's say the average Ivy sat is 1500. The Ivies will admit a point guard or qb with sat of only 1200. Problem is there are not many of those, and they compete with Duke, Stanford, Northwestern, Vanderbilt, Rice for these guys. Those schools of course offer athletic scholarships, while the Ivies don't. The point guard going to Memphis, or Tenn, or Auburn has about 1000 sat.
So the Ivy finds their guy and makes the offer of admission with lesser scores and grades, and some or no financial aid. Kid and parents then have to see if they can get an athletic scholarship elsewhere, or pay the amount on the Ivy offer sheet.
For wealthy parents, and these are the same people who paid $500,000 just for Ivy admission, then tuition on top of the scammers fee in the Varsity Blues scandal, they are happy to pay and have jr in the Ivy.
A poor kid will take a good look at the Ivy, as it's free.
Middle class kid has to think. Athletic scholarship is better, State school cheaper, but Ivy was my #1 choice, and maybe it will help in my career choice.
So point guard, QB, runner, non athlete all get the same offer. Only benefit to go, is he gets accepted with lower grades and scores - then family has to decide to take the price or not.
Okay. It's not a thing I've experienced but I'm probably going to believe a coach who has recruited against an Ivy school over a parent who seems to have a kid that got admitted.
Okay. It's not a thing I've experienced but I'm probably going to believe a coach who has recruited against an Ivy school over a parent who seems to have a kid that got admitted.
As many have now pointed out, you either misunderstood the coach who told you this or this coach doesn't know what he's talking about. Only bothering to comment on this in case some high school runner is reading this thread so they don't get mislead. How much a coach wants you on the team has no impact on the amount of financial aid you get at ivy league schools, as another poster said these schools are religious about applying their financial aid formula the same to everyone.
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