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Post by KY Crusader 75 on Jan 9, 2018 18:30:46 GMT -5
I subscribe to Kiplinger's Personal Finance magazine and the issue I received yesterday featured a long article on the thread subject. Kiplinger's rated 1,200 colleges on Competitiveness, Graduation Rates, Academic Support, Cost and Financial Aid, Student Indebtedness, Salaries, and other factors. 55% of the rating was based on "Quality Measures" and 45% on "Financial Measures". The top 10 were
1- Princeton 2- Davidson 3- Swarthmore 4- Harvard 5- Duke 6- Pomona College 7- Vanderbilt 8- Rice 9- Washington & Lee 10- Wellesley
So where did Holy Cross rank? HC comes in at #25 which I think should make many, but not all, posters happy. It's right in the middle of "The Kiplinger Top 50" .
Other schools in the Top 50 that may be of interest to posters
#43- boston college #46- Notre Dame
The article also provides a list of Top 50 Private Universities (it includes all the schools from the overall Top 50) and there we see
#21 Georgetown #26 Lehigh #38 Boston U #47 Tulane (daughter #2's alma mater)
Among Top 50 Liberal Arts Colleges (HC is #13) we see
#31 Colgate #33 Lafayette #40 Bucknell
So, our Patriot League friends did quite well, led by HC....
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Post by nhteamer on Jan 9, 2018 18:43:44 GMT -5
we continued to get dissed by USN&WR however and it has, unfortunately, the biggest impact.
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Post by hcpride on Jan 10, 2018 7:29:48 GMT -5
we continued to get dissed by USN&WR however and it has, unfortunately, the biggest impact. While it is true USNWR is the most well-known and most impactful, there are hundreds of others and this is one of them.
Any ranking system that puts us at #25, UPenn at #41, and Georgetown at #51 is pretty cool.
( I looked at the criteria and the column labelled "average non-need based aid" seemed to yield a very high number for Holy Cross - 3rd in the US behind only Duke and Swarthmore FWIW. Jumps out a bit. The explanation for this category is interesting : "We reward schools with the highest percentage of need met, and we give points to schools based on the percentage of students without need who receive non-need-based aid. Read more at www.kiplinger.com/article/college/T014-C000-S002-how-we-rank-the-best-college-values-2018.html#UpgfhgC0x67RdA7b.99)
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Post by Xmassader on Jan 10, 2018 8:06:14 GMT -5
At first, I couldn’t understand how HC (which pledges to be “need-blind”) could rank so high in the category of students without need receiving full non-need based financial aid until I realized that those receiving athletic scholarships are getting non need based aid and that HC’s % of varsity athletes (and probably scholarship varsity athletes) in the student body as a whole is probably one of the highest in D-1.
At least for the Kiplinger rankings, the sponsoring of 25 teams appears to be a good thing.
BTW, 10-15 colleges were not ranked because they didn’t provide the relevant data, including Assumption and Worcester Tech.
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Post by ncaam on Jan 10, 2018 21:37:32 GMT -5
What is the most expensive college in CT? (very random I know)
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Post by ncaam on Jan 10, 2018 21:37:43 GMT -5
SHU
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Post by alum on Jan 11, 2018 7:47:41 GMT -5
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Post by Pakachoag Phreek on Jan 11, 2018 7:58:20 GMT -5
I thought one explanation for HC could be the number of athletic scollies. But now I don't know. Values below are for scholarship grants only awarded by the institution, no loans, self-help. Athletic totals are supposed to be exclusive of other financial aid.) Holy Cross 2017-18
45.4M need 2,6M merit 8.3M athletic merit (+3.6M athletic need) ________________ Lafayette 2017-18)30.2M need 6.4M merit 9.5M athletic merit (+0.7M athletic need) ________________ Duje 2016-17
109M need 10.3M merit 15.0M athletic merit, (+4.5M athletic need) ________________ Swarthmore 2016=17 ("Kremlin on the Crum", for those of a certain age) 36.9M need 0.6M merit 0 and 0 athletic awards ________________ Colgate 2016-17
44.7M need 0.2 merit 12,3M athletic merit, (0 athletic need) ________________ Stanford 2016-17
134M need 1.3M merit 19.3M athletic merit (+2.9M athletic need)
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Post by KY Crusader 75 on Jan 11, 2018 9:50:01 GMT -5
The Kiplinger article provides a recap for each school's "% of students who receive need-based aid" and "percentage of all undergraduates without need who received non-need-based aid". I take the second to mean "merit money" and you can see the schools who use that strategy. Here are the numbers for some schools of interest
School= Need %/Non-Need %
Holy Cross=49%/2% Obviously athletic scholarships must not be included boston college= 40%/4% Notre Dame= 48%/9% Georgetown=37%/0% Lehigh=38%/8% colgate= 37%/0% Lafayette=30%/12% Bucknell=37%/18%
Two other schools
Saint Louis U (#41 Private U)= 55%/73% My older daughter, HC 2009, applied to SLU and I learned that it had an established sliding scale where, e.g. "Get a 3.6 HS GPA and a 28 ACT and get $X"
Tulane(#47 Private U)= 34%/58% My younger daughter graduated from Tulane and received $$ off based on a high ACT as we would not qualify for need aid
There are a number of schools in the overall Top 50 that exceed 40% in "non-need"
#26 Hillsdale= 51%/92% #27 Grinnell= 66%/53% #33 Richmond= 44%/32% #36 Centre= 55%/91% #45 Bryn Mawr= 52%/35% #47 Whitman= 45%/53% #49 Wheaton (IL)= 53%/46
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Post by hchoops on Jan 11, 2018 10:44:05 GMT -5
That 49% is why we are trying to attract more full pays. 49 is probably not a sustainable number
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Post by rgs318 on Jan 11, 2018 10:49:05 GMT -5
KY,
If a student who demonstrates need gets an athletic scholarship, coudn't that explain pat if that low number? Or are all athletic scholarships counted as "non-need"?
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Post by hchoops on Jan 11, 2018 10:55:18 GMT -5
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Post by breezy on Jan 11, 2018 18:07:44 GMT -5
Nate Pine trumpeting the Kiplinger rating:
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Post by Pakachoag Phreek on Jan 12, 2018 6:33:24 GMT -5
breezy, I think alums larger point is that the college does not 'advertise' to those students who do well on the PSAT. Its not enough to do a press release about this good news and post it on the website when 99.998 percent of those who do well on the PSAT are not regular readers of HC's website.
Ever since HC went SAT optional, Ann seems to want nothing to do with standardized tests, and any mass mailings to students based on demographics and PSAT scores is verboten. I am of the view that most of the contact with prospective students who attend schools outside her 'network' is by athletic coaches recruiting. We'll see how much the changes to the tax code cut into the discretionary income of families from the Northeast who might previously have been candidates for full pays at HC.. +++++++++++++++++++++++++++
Harvard's most recent public CDS is 2014-15. Harvard awards practically zero merit aid. 3986 of 6807 undergraduates were receiving fin aid (99.5% of it need based) So why isn't Harvard #1 based on that particular metric? What am I missing?
Yale CDS for 2016-17 Zero merit aid. 2733 of 5460 undergraduates receive fin aid. Average schollie aid for the 2733 undergraduates was $50,565. Wonder what percentage of Yale's football team is receiving fin aid.
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Post by sader1970 on Jan 12, 2018 6:47:29 GMT -5
Phreek, you seem to be especially good in this area and wonder if you would consider reaching out to Ann to answer 5-10 questions you might pose to her about her philosophy and strategy for attracting high quality students to Holy Cross and be willing to answer publicly, on the record?
This would be similar to the historical interviews breezy has had with Holy Cross coaches.
We have all been just speculating over many years.
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Post by hcpride on Jan 12, 2018 7:36:56 GMT -5
+++++++++++++++++++++++++++ Harvard's most recent public CDS is 2014-15. Harvard awards practically zero merit aid. 3986 of 6807 undergraduates were receiving fin aid (99.5% of it need based) So why isn't Harvard #1 based on that particular metric? What am I missing? Because that particular metric (in which HC was 3rd in the entire US) is "non-need based". Harvard has essentially 0 non-need based aid - therefore they are in last place. We are MUCH 'better' than Harvard in that particular category.
"Wonder what percentage of Yale's football team is receiving fin aid."
In answer to another question, I would assume essentially all of the Yale football players receive some form of need-based aid. Using the same formula as applied to the their non-football players. (Of course some of the regular students are wealthy, etc. so receive no need-based aid)
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Post by alum on Jan 12, 2018 8:34:45 GMT -5
1. I think that Kiplinger values and features non need based aid because its readership includes plenty of people who do not qualify for need based aid. Many of those people are looking for good private schools where they can maybe get $15,000 off of the $66,000 price tag. The college wins, too, because a B+ school might get an A- student. (Based on KY's research above, for liberal arts schools they might want to look at Bucknell, Lafayette, and Bryn Mawr to name a few.)
2. The Ivy advantage is that their "need based aid" (especially at HYP) is better than everyone else's need based aid.
3. Great schools like HC that can compete on price by starting with a sticker price a few thousand less than the competition and then meeting need without loans to separate themselves from the pack. I continue to think that the campaign had insufficient emphasis on raising unrestricted endowment funds to do that.
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Post by hcpride on Jan 12, 2018 11:45:59 GMT -5
Good points alum .
1. I do think if Kiplinger replaced the category "non need-based aid" with "non-need based academic merit aid" it might be more useful (avoid the athletic merit aid) to some readers. Some schools have an awful ratio of athletic merit aid to academic merit aid and that would clarify potential benefits for those bright kids without athletic scholarship aspirations.
2. HYP's advantage (much much better need-based aid) is shown by the very low average debt load of graduates. Considering the sticker price.
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Post by Pakachoag Phreek on Jan 12, 2018 17:01:32 GMT -5
Phreek, you seem to be especially good in this area and wonder if you would consider reaching out to Ann to answer 5-10 questions you might pose to her about her philosophy and strategy for attracting high quality students to Holy Cross and be willing to answer publicly, on the record? This would be similar to the historical interviews breezy has had with Holy Cross coaches. We have all been just speculating over many years. I may not know much, but I do know a bit about metrics. Many moons ago, I asked the commander of Shaw AFB how he gauged morale of the fighter wing that was based there. The reply was, 'Sales at the Officers' Club.' If I had an oracle award to hand out, he would have won it. If I was on the BoT, here are the first five questions I would ask Ann. 1.) The re-accreditation report cautioned HC that if it persisted in recruiting students from its traditional demographic areas, that the academic quality of the applicants would decline. This would be the consequence of fewer matriculating high school students in the Northeast. (Smaller cohort means more competition for the academically qualified.) Looking at the geographic distribution of enrolling HC students over the period since this report was sent to HC, how has that distribution changed? 2.) [Assuming the answer to #1 indicates little substantive change.] What strategies did you develop and apply to increase student interest and applications from geographic areas outside of the Northeast? Why did these strategies not produce an increase in enrollment from students residing in states outside the Northeast? 3.) Other liberal arts colleges (and private universities) in the Northeast are confronted with a similar demographic challenge Here is the percentage of in-state students at several, very competitive colleges and universities in Massachusetts: 12 percent Wellesley; 17 percent Amherst; 21 percent Tufts; 22 per\cent Boston College; 24 percent Northeastern; and 39 percent Holy Cross. What strategies or approaches have these other institutions used to broaden their geographic diversity, while maintaining or increasing their competitiveness and reputation? If there are strategies that you considered but have not used at Holy Cross, why were such strategies rejected? 4.) For the class of 2021, 35.4 percent submitted their SAT score, 23.4 percent submitted class rank, and the percentage of those submitting GPA is indicated as N/A. HC notes that differences in grading scales for GPA make GPA values unreliable as a set. With few objective measures being submitted by applicants. why should we not conclude that the HC admissions process has devolved into a subjective exercise? 5.) Some have suggested that HC's downplaying of standardized tests and other metrics, e.g., class rank, has now created a perception, in the minds of some prospective students and their parents, that the college is becoming less competitive when it comes to admissions. What would you say to counter such perceptions? .
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Post by hchoops on Jan 12, 2018 17:05:21 GMT -5
PP Please email these to Ms McDermott with a cc to the Board and the President.
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Post by sader1970 on Jan 12, 2018 17:16:42 GMT -5
I second hoops motion. I don't think you have to be on the BoT to send Ann an email with those questions and I am confident that you either already have,or can figure out, Ann's email address. As to her reaction to those questions, as my late mother used to say: "All they can do is say 'no'."
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