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Post by mikegarrison on Mar 11, 2022 19:19:21 GMT -5
Well, not really accurate -- too limiting. They all like you, without regard to wealth or class, if you're Big and Fast. Or Big and Dextrous. Or Dextrous and Fast. Or the Holy Trinity: Big and Dextrous and Fast. Exactly as in schools all want students whose parents are potential large donors No, this is not where the real money is. The real money is in wealthy alumni who may donate big while they are alive and/or when they die. Parents usually only care about the school while their kid is there. Alumni often care about it their entire lives, and usually care about it a lot more than the parents do. Of course there are also people who donate to schools they never attended. Bill Gates Jr., for instance, never attended the University of Washington but has donated a ^&%*load of money to them. But Bill's parents went to the UW, and Bill Jr. grew up in the Seattle area (and still lives here, AFAIK). So family ties, even without being an alumni.
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Post by jcvball22 on Mar 11, 2022 19:58:15 GMT -5
Soooooo exactly the same as every other school in the country? Got it. Not really, no. Schools definitely have an interest in having wealthy alumni. That's not the same thing as having wealthy students, although given the way that wealth accumulates in generations, being wealthy as a student is a good predictor of being wealthy as an alumni. But non-wealthy students who become wealthy alumni are as good or better for the school, because not only are they wealthy alumni but they may also be more inclined to credit the school for their wealth. Both are true. It behooves schools to have alumni that give back, no matter how they come about it. It also behooves them to have parents/families that can pay and/or donate in their incoming classes because that is what allows them to be generous in financial aid to the students that need it, fund capital campaign projects, and invest in research or activities that raise the school's profile. I have worked at a variety of schools, from small, private schools to large, state schools and all have something similar to what is described in the article, a VIP list of applicants that have families that are likely donors that have been identified by the Advancement Office or other departments for potential contribution to the school. This is genuinely common practice.
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Post by mikegarrison on Mar 11, 2022 20:11:05 GMT -5
Not really, no. Schools definitely have an interest in having wealthy alumni. That's not the same thing as having wealthy students, although given the way that wealth accumulates in generations, being wealthy as a student is a good predictor of being wealthy as an alumni. But non-wealthy students who become wealthy alumni are as good or better for the school, because not only are they wealthy alumni but they may also be more inclined to credit the school for their wealth. Both are true. It behooves schools to have alumni that give back, no matter how they come about it. It also behooves them to have parents/families that can pay and/or donate in their incoming classes because that is what allows them to be generous in financial aid to the students that need it, fund capital campaign projects, and invest in research or activities that raise the school's profile. I have worked at a variety of schools, from small, private schools to large, state schools and all have something similar to what is described in the article, a VIP list of applicants that have families that are likely donors that have been identified by the Advancement Office or other departments for potential contribution to the school. This is genuinely common practice. Common practices I have heard about: 1) "legacy" -- children of alumni get special priority 2) "dean's attention list" (or whatever it is called) -- children/grandchildren of big donors get special priority 3) recruited athletes get special priority 4) children of famous people (or applicants who are famous people themselves!) get special priority 5) children of professors at the school get special priority These things are pretty common, although I doubt they are truly universal. I've been told many times, for instance, that MIT does not do "legacy" and that alumni and children of alumni should understand that there is absolutely no weight given in admissions to being the child of MIT alumni.
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Post by Mocha on Apr 8, 2022 20:04:15 GMT -5
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Post by Mocha on Jan 4, 2023 18:35:18 GMT -5
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Post by lovetennis7 on Jan 6, 2023 19:03:53 GMT -5
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Post by Mocha on Jan 9, 2023 1:35:05 GMT -5
Mick Haley high-fiving after hearing the news of Heinel’s sentencing.
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Post by NebraskaVBfan93 on Jan 9, 2023 1:55:51 GMT -5
Mick Haley high-fiving after hearing the news of Heinel’s sentencing. Clearly the early early early favorite for post of the year honors.
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