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Posted: Thu Mar 02, 2017 4:38 pm

Franks TanksView user's profile






Joined: 23 Mar 2007
Posts: 3273







https://www.nytimes.com/interacti...cent-than-the-bottom-60.html?_r=2


Lots of interesting info here. Overall Lafayette has a high number of students who come from high income families (shocking I know).


1-Has more students from the top 1 percent than the bottom 60 percent.

Lafayette is 11 among all US colleges.  

2-Elite colleges that enroll the highest percentage of low- and middle-income students

We are number 75 here.. not so great

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Posted: Thu Mar 02, 2017 5:12 pm

LafalumView user's profile






Joined: 06 Mar 2007
Posts: 3889







Many in our cohort are ranked higher ( more in top 1 pct)....Bucknell, Colgate.
Holy Cross is need blind. BU, American are much more egalitarian. Even Lehigh has more even numbers....ranked 46 and had more from bottom 60%,

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Posted: Thu Mar 02, 2017 7:13 pm

BPardView user's profile






Joined: 23 Sep 2014
Posts: 208







The Colleges new affordability through growth initiative should help with the latter number.

It is supposed to be a needed step towards need blind admissions.

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Posted: Thu Mar 02, 2017 7:31 pm

LafalumView user's profile






Joined: 06 Mar 2007
Posts: 3889







BPard wrote:
The Colleges new affordability through growth initiative should help with the latter number.

It is supposed to be a needed step towards need blind admissions.


It will only work if the mix is strongly weighted to the liberal arts vs the  more expense stem fields. I am VERY skeptical about us being need blind in the short run.

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Posted: Thu Mar 02, 2017 7:52 pm

Franks TanksView user's profile






Joined: 23 Mar 2007
Posts: 3273







Lafalum wrote:
Many in our cohort are ranked higher ( more in top 1 pct)....Bucknell, Colgate.
Holy Cross is need blind. BU, American are much more egalitarian. Even Lehigh has more even numbers....ranked 46 and had more from bottom 60%,


I suspect there are factors beyond the financial aid structure here, which may include reputation among certain social circles and the type of students we attract by nature.  I know you know this, I just feel like typing that out.  There was a stat on family median income, which I can't locate at the moment.  Ours was a shade over 200k, while Colgate was around 270k.  Pretty staggering numbers for Colgate, and a few of us in the PL really are country club u.  

With that being said we do a very good job with aid, and I appreciate Byerly's efforts to continue to improve. I am the beneficiary of generous aid from the college which has always been highly appreciated.

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Posted: Thu Mar 02, 2017 8:07 pm

LafalumView user's profile






Joined: 06 Mar 2007
Posts: 3889







Franks Tanks wrote:
Lafalum wrote:
Many in our cohort are ranked higher ( more in top 1 pct)....Bucknell, Colgate.
Holy Cross is need blind. BU, American are much more egalitarian. Even Lehigh has more even numbers....ranked 46 and had more from bottom 60%,


I suspect there are factors beyond the financial aid structure here, which may include reputation among certain social circles and the type of students we attract by nature. I know you know this, I just feel like typing that out. There was a stat on family median income, which I can't locate at the moment. Ours was a shade over 200k, while Colgate was around 270k. Pretty staggering numbers for Colgate, and a few of us in the PL really are country club u.

With that being said we do a very good job with aid, and I appreciate Byerly's efforts to continue to improve. I am the beneficiary of generous aid from the college which has always been highly appreciated.


I was the first in my family to go to college and aid was also appreciated. My frat was overwhelmingly on aid.

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Posted: Fri Mar 03, 2017 7:36 am

Interested PardeeView user's profile






Joined: 13 May 2015
Posts: 99







Franks Tanks wrote:
...Lots of interesting info here. Overall Lafayette has a high number of students who come from high income families (shocking I know)...

Must be why they feel comfortable raising the tuition another 4% for 2017-18.

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Posted: Fri Mar 03, 2017 8:48 am

leopard88View user's profile






Joined: 17 May 2012
Posts: 370







It's a sad fact of life that college tuition always seem to rise faster than inflation.  I'm fairly certain most other things don't cost 4X what they did 30 years ago, but . . . if memory serves me . . . Lafayette cost about $15,000 in 1986.

To confirm my guess, I checked the United States Bureau of Labor Statistics CPI Calculator.  $15,000 in 1987 has the same buying power as $32,065.01 in 2017.  Last I checked, Lafayette sticker price is a lot more than $32,000.

https://www.bls.gov/data/inflation_calculator.htm

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Posted: Fri Mar 03, 2017 7:33 pm

pardfanView user's profile






Joined: 07 Sep 2014
Posts: 401







'67-'68 $4,100 70'-71' $4,400 Perspective...PSU was under $1,500 (in-state) as I remember Lafayette has never been cheap (affordable)

That $4,100 was a significant boost above previous year ($300 maybe)


Last edited by pardfan on Sat Mar 04, 2017 5:46 am; edited 1 time in total

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Posted: Fri Mar 03, 2017 10:02 pm

ed65View user's profile






Joined: 04 Sep 2013
Posts: 856


Location: New York City





I suspect Pardfan is correct about $4,100 being a "significant boost" over the previous year.  I recall numbers in the $3,000's during my junior and senior years -'63-'65.  Amazing compared to today but the college is a very different place from what it was in the 1960s.

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Posted: Sat Mar 04, 2017 5:58 am

pardfanView user's profile






Joined: 07 Sep 2014
Posts: 401







Splitting hairs here; but it might have been $4,050.  Point:  At the time, it was an astonishing figure and made a lasting impression.  Gas was in the neighborhood of $.30/gal

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