Archive for Lafayette Sports Fan Forum This forum is not affiliated in any way with Lafayette College, Lafayette College Athletics, The Maroon Club or any other official organization. Please be respectful of other posters as well as the athletes, coaches and administrators.
 


       Lafayette Sports Fan Forum Forum Index -> Whatever else
Franks Tanks

College demographic/income study

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
Lafalum

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%,
BPard

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.
Lafalum

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.
Franks Tanks

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.
Lafalum

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.
Interested Pardee

Re: College demographic/income study

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.
leopard88

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
pardfan

'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)
ed65

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.
pardfan

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

       Lafayette Sports Fan Forum Forum Index -> Whatever else
Page 1 of 1
Create your own free forum | Buy a domain to use with your forum