Mike Porter
Postdoc
Posts: 3619
Loc: Los Angeles, CA
Reg: 11-21-04
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03-28-24 02:17 PM - Post#366641
In response to CM
For me, the most obvious answer is Scholarships are a must.
It's one thing to pass up on certain money in the moment, it's another level to have to stomach not only getting money, but also putting out hundreds of thousands of dollars in cost (or having your parent do so).
An Ivy degree definitely has a value and a benefit long term, but if you are a kid who can get $250K+ (going off numbers shared here) now and get school for free, why the heck would you take $0+ and pay out $250K+?
It then becomes a net loss of $500K+ which for many would be life changing money.
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