mrjames
Professor
Posts: 6062
Loc: Montclair, NJ
Reg: 11-21-04
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10-11-17 02:37 PM - Post#233801
In response to palestra38
I understand that you don't think it's true, but in practice, FA reads are more complex than your income and trying to reduce a school's read to just that is silly.
FA reads are incredibly complicated and include income, investment assets, savings, real estate, number of other kids in college, etc. Each school independently assesses how much each impacts ability to pay. If your point is that HYP consistently give more favorable reads across all of those dimensions, then that's incorrect. If your point is that HYP give better reads across certain dimensions, worse across others, but tend to give more favorable reads than other Ivies on average, that may very well be true.
But this sort of reminds me of statistical and economic significance. Just because we can prove something is statistically different from zero doesn't mean its magnitude matters for what we're talking about.
Blaming FA for Penn's recent struggles might be convenient, but it's not accurate.
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