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☆ Why some families will pay $500,000 for Ivy League admissions consulting: 'It’s worth the investment'
▼ + stars: | 2024-10-18 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Loop Images | Getty ImagesAt the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. For those willing to pay for a four-year, private college, it should be worthwhile, the sentiment often goes. To get into this elite group of schools, many families look for outside help to get a leg up. The vast majority of students come from New York City private schools with household incomes over $1,500,000 according to Howell's account. However, the wealthiest students hailing form the country's top private schools are primarily competing amongst themselves as schools look to build a diversified class.

Persons: Thomas Howell, Howell, Ivy League — Brown, Hafeez Lakhani, Lakhani, they've, Christopher Rim, Covid, — Organizations: Ivy League, Princeton University, Forum Education, Cornell, Dartmouth, Harvard, University of Pennsylvania, Yale, University of Chicago, Massachusetts Institute of Technology, Stanford, Finance, Navy, Command, Rim, Command Education, Test, Christopher, Education, National Association for College, Counseling, National Bureau of Economic Research Locations: York, Columbia, Princeton, Duke, New York, New York City

☆ More colleges set to close in 2025, even as 'Ivy Plus' schools experience application boom
▼ + stars: | 2024-10-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Many colleges are under financial pressure, and the cracks are starting to show. At least 20 colleges closed in 2024, and more are set to shut down after the current academic year, according to the latest tally by Implan, an economic software and analysis company. Altogether, more than 40 colleges have closed since 2020, according to a separate report by Best Colleges. Experts have continuously warned that ongoing problems with the new Free Application for Federal Student Aid form have resulted in fewer students applying for financial aid, which could also contribute to declining enrollment. That has left some colleges and universities in a bind, especially "small private — often liberal arts — schools," said Candi Clouse, a vice president at Implan.

Persons: Implan, Candi Clouse Organizations: Best Colleges, Finance, Teens, Federal Locations: Implan

☆ Stanford University costs over $92,000 a year—how much students actually pay, according to income level
▼ + stars: | 2024-06-13 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

For many college students, attending a prestigious Ivy League school is a dream come true. But many commentators and admissions experts now have a slightly wider view of schools that are on par with the Ivy League. These days, several colleges, including Stanford University, are known as "Ivy-Plus" schools. For the 2024-25 school year, tuition alone at Stanford costs $65,127. Here's how much students typically pay to go to Stanford.

Organizations: Ivy League, Stanford University, Stanford, Massachusetts Institute of Technology, The University of Chicago, Duke University, Ivy, U.S . News Locations: U.S

☆ A Harvard education costs over $82,000 a year—here's how much students actually pay
▼ + stars: | 2024-05-12 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Going to an Ivy League institution like Harvard University can pay off in the long run. Before they get there, though, Harvard students have a steep price to pay. However, many students pay far less than the sticker price. Over half — 55% — of Harvard undergraduates receive institutional scholarships, according to the school, and 24% of Harvard families pay nothing after aid and grants. Students who receive federal financial aid pay an average of $19,500 a year to attend Harvard, according to the College Scorecard.

Organizations: Ivy League, Harvard, Department, Education's, Stanford University , Massachusetts Institute of Technology, Duke University and University of Chicago

☆ SATs are back. Dartmouth is the first Ivy League to reverse course after pledging to remove standardized test requirement.
▼ + stars: | 2024-02-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewDartmouth is the first Ivy League to reinstate its standardized test requirement, which will go into effect for 2029 applicants. The reintroduction of the standardized test requirement was based on a research study the school's faculty recently conducted with Brown University, according to Dartmouth's president. AdvertisementHistorically, standardized test scores have reflected national inequalities, with caucasian and Asian Americans scoring higher than Black and Latino test-takers. Coffin said that the reinstatement of the test requirement may lead to a smaller number of applicants, The Dartmouth reported. MIT was one of the first colleges to reinstate its standardized test requirement after the results of a study that reviewed applicants over the last 15 years.

Persons: —, Lee Coffin, Bruce Sacerdote, Coffin Organizations: Service, Ivy League, Business, Brown University, Ivy, Dartmouth, Brown, Pew Research, MIT, ACT Locations: Dartmouth

☆ Kids of the 1% are twice as likely to get into 'Ivy Plus' colleges, even when their grades are no better than anyone else's
▼ + stars: | 2023-07-26 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A new study shows kids of the top 1% are over twice as likely to be admitted to Ivy Plus colleges. That's despite scoring no better than students of other income groups, per an Opportunity Insights study. Ivy Plus refers to the eight Ivy League colleges Brown, Columbia, Cornell, Dartmouth, Harvard, UPenn, Princeton, and Yale, plus Stanford, MIT, Duke, and the University of Chicago. On Tuesday, the US Department of Education launched a federal civil rights probe against Harvard, alleging favoritism towards legacy students in their admission process, per Reuters. The Ivy Plus colleges did not immediately respond to requests for comment from Insider, sent outside regular business hours.

Persons: Rhodes Organizations: Ivy Plus, Service, Opportunity, Harvard, Ivy, Ivy League colleges Brown, Cornell, Dartmouth, Yale, Stanford, MIT, Duke, University of Chicago, US, Associated Press, US Department of Education, Reuters Locations: Wall, Silicon, Columbia, UPenn, Princeton

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