Paying in Full as the Ticket Into Colleges

In the bid for a fat envelope this year, it may help, more than usual, to have a fat wallet.

Facing fallen endowments and needier students, many colleges are looking more favorably on wealthier applicants as they make their admissions decisions this year.

Institutions that have pledged to admit students regardless of need are finding ways to increase the number of those who pay the full cost in ways that allow the colleges to maintain the claim of being need-blind ”” taking more students from the transfer or waiting lists, for instance, or admitting more foreign students who pay full tuition.

Private colleges that acknowledge taking financial status into account say they are even more aware of that factor this year.

Read it all.


Posted in * Culture-Watch, * Economics, Politics, Economy, Education, Personal Finance, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--

4 comments on “Paying in Full as the Ticket Into Colleges

  1. Harvey says:

    Now if college entry required registration for some academic courses would this slow things down a bit? Just wondered.

  2. libraryjim says:

    Florida Colleges are pushing for the option of raising tuition 15% EVERY YEAR and lobbying the legislature very diligently for this. Student groups are lobbying against it.

    We fear that it will cause more families to abandon the dreams of a college education for their families.

  3. AnglicanFirst says:

    libraryjim (#2.) said
    “We fear that it will cause more families to abandon the dreams of a college education for their families.”

    What about college degrees in majors that provide students with non-marketable or marginally marketable skill/knowledge sets.

    Our academic institutions , over the past forty years, have greatly expanded degree programs that are about as useful as “underwater basket weaving” to prospective employers.

    However, these degree programs have provided academic employment for many many academics who teach and manage the programs. Then throw in the useless textbooks written by those academics on useless and non-broadening subjects and what is defined is a huge and damaging ‘rip-off’ that has been used to exploit our young people.

  4. Harvey says:

    #3 WHOO-HOO, you have won the prize for a direct blow on the head of the nail.