University of Notre Dame that is...
Link: Universities With the Largest Endowments
I would think a $75k donation every year was enough. (I have one kid there.)
Impressive. And I am quite proud of a fellow '84 ND classmate Scott Malpass for making this a reality. He is without question as good as it gets when it comes to managing endowments.
The University has plenty of money to work with. I wish they would use it to reduce tuition for those who need help, because if they don't they are going to miss out on a lot of quality kids.
They say they satisfy everyone's need.
Problem is, they decide what your need is. Also, that model penalizes those who save for college, and rewards those who live above their means and don't save. Their business model is BS.
Wow talk about inflation.
The University says that the cost for 2019-2020 for an undergraduate, all in, is a little over $74,000 (assuming $1,200 in personal expenses).
The Ivy League schools charge students only what they can afford. Ivy Leaguers have to fill out some sort of financial worksheet and based on that, the universities decide how much the particular student will pay. Few pay the rack rate. They can afford to do that because they have large endowments, and they want to do that because they want to admit the best students, regardless of their economic circumstances. I have asked ND officials about this; their response is the endowment figures as reported are misleading because a lot of the endowment is restricted to particular uses. Not sure I buy that.
When I went, way-back-when, tuition for my first year was $6,450. When my son went (2011 - 2015), tuition was about $43,000 for the first year, and room-and-board was another $12,000. It went up about 5 percent each year. All in, I spent about $250,000 for his four years there. There aren't a lot of people who can afford that, and I am afraid that the University is shooting itself in the foot by refusing to adopt a flexible tuition schedule.
Link: https://financialaid.nd.edu/cost-of-attendance/
parents have mostly paid. They offer shit for scholly money as well.
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rights.
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together. Funny you never hear anyone talk about the high cost of education. They talk a lot about free tuition. So the federal government (us taxpayers) can pay these high tuition rates. How about stop building these glorious palaces to education and cut back on professor salaries. I really believe these on-line academies and trade schools are going to take a bite out of the number of students paying these high rates. Why get a BA or even a masters degree in humanities or history an earn a teachers salary of $45,000. You'll be living in your parents basement. I also find it interesting that you can't escape the student loan debt even if you file for bankruptcy. Wonder how that happened?
right quick.
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Nice to know the price for all 4 years. I hope that model gains traction.
If you get financial aid from ND, there are no promises regarding years 2-4. They can pull your financial aid in year 2 if they decide that they overestimated your need...a little bait and switch action.
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...........need a manager?
The scholarship helped but there is a balance. It's not cheap. The number PB has is pretty damn close.
My kid got a good boat and only played one year cause he blew out his knee. Kept all his money though.
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Great, small school. I think she has D1 talent but she wanted a smaller school and not make softball a job. She was just told she is the #2 behind a senior. Beat out 2 juniors for it. One of those proud dad/coach moments.
It can really help out if the girl is athletic.
can be vicious. I stay in my lane with them.
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