UND News (General)

RDU Irish

Catholics vs. Cousins
Messages
8,673
Reaction score
2,774
LOL. I am 1000% positive that these represent guaranteed minimums. A family that makes $60,000 per year is not paying $20,000 a year.

It certainly could apply to those in the top of each of these ranges.

We had two kids go to ND graduating in 2020 and 2023. The financial aid was amazing then and it sounds like it is improving. Our family income at the time may have been in the $115k range and our kids had tuition fully covered and only had to pay around half of the portion of the room and board figure.

But yes the ND Administration is evil. :rolleyes:

Pretty good deal congrats. I'm jaded by my mid 90s experiences with the financial aid office. I tell people to wait for the financial aid package before knocking any school off your list.
 

TorontoGold

Mr. Dumb Moron
Messages
7,572
Reaction score
5,821
Roughly $70k/year tuition and $20k/year room & board.

$60,001 to $150,000 per year income family pays $20,000/year (33% to 13% of their annual top line income)
$150,001 to $200,000 per year of income - pay $55,000/year ($20k plus half of $70k) or 37% to 28% of income
Over $200k - 90k cost = 45% of family income

"Beginning in the 2026-27 academic year, Notre Dame will ensure that families with annual income below $150,000 will receive need-based financial aid that covers the cost of tuition. Families with income below $200,000 will receive need-based aid that covers half the cost of tuition. In addition, most students from families with annual income below $60,000 will receive need-based financial aid that covers tuition, fees, housing and food."

Refuse to address the absurdity of $90k cost of attendance while slapping yourself on the back about "affordability" where demanding a third of a family's paycheck is altruistic. And that is pretax.

ND just got another 100k in billables for CPA’s with clients that have kids applying to ND. Another perfect opportunity for *tax planning*
 

tirishman505

Well-known member
Messages
173
Reaction score
299
I remember articles in the Observer back when I was a student about how ND was moving out of reach of the middle class student. That was when all in it was less than $18K a year. It's absurd they've let it get this bad.
 

stlnd01

Was away. Now returned.
Messages
13,434
Reaction score
10,327
I remember articles in the Observer back when I was a student about how ND was moving out of reach of the middle class student. That was when all in it was less than $18K a year. It's absurd they've let it get this bad.
It is. But also basically every top-tier private school costs in this same ballpark of $85-$100K. I realize they all offer aid to varying degrees, and lots of students aren't paying full freight. But I keep waiting for one of them to just be like "fuck it, we're just gonna charge $30,000." Never happens.
 

DomeFieldAdvantage

Well-known member
Messages
337
Reaction score
557
It is. But also basically every top-tier private school costs in this same ballpark of $85-$100K. I realize they all offer aid to varying degrees, and lots of students aren't paying full freight. But I keep waiting for one of them to just be like "fuck it, we're just gonna charge $30,000." Never happens.
There have been a decent number of struggling schools that have done exactly this. The problem is, we humans have stupid little monkey brains that subconsciously equate price with quality.

If anything, I'm waiting for the exact opposite. We already saw the corrupt admissions practices that were brought to attention by Operation Varsity Blues. I want some very desirable school to just put it out there in the open and publicly auction off some admissions offers each year.
 

IrishLax

Something Witty
Staff member
Messages
37,602
Reaction score
29,188
There have been a decent number of struggling schools that have done exactly this. The problem is, we humans have stupid little monkey brains that subconsciously equate price with quality.

If anything, I'm waiting for the exact opposite. We already saw the corrupt admissions practices that were brought to attention by Operation Varsity Blues. I want some very desirable school to just put it out there in the open and publicly auction off some admissions offers each year.
This is exactly the issue. These places are all showing crazy sticker price for two reasons:
1. They get most foreign students to pay full freight, which subsidizes loads of stuff for the school (like their armies of do-nothing administrators... ND is better about this than others to be fair)
2. They can show "look how valuable our degree is, we charge this much and still reject 90% of applicants"
 

RDU Irish

Catholics vs. Cousins
Messages
8,673
Reaction score
2,774
So if stay a single dad and dont take any raises in the next 18 yrs my boy is going to ND for free baby!!!!

Four year sabbatical starting their junior year of High School is the way to go. 529s are a fools errand - instead pay the house off and sock it in the 401k. $60k/year salary in a paid off $1M house getting a free ride over some sucker two income family continuing to work full time making $200k saving $250k in 529 and carrying a mortgage. Probably picking up OT, reducing their 401k contribution thinking they need to pile up some cash for college to disqualify themselves from a pile of aid. Perverse incentives.
 

tirishman505

Well-known member
Messages
173
Reaction score
299
This is exactly the issue. These places are all showing crazy sticker price for two reasons:
1. They get most foreign students to pay full freight, which subsidizes loads of stuff for the school (like their armies of do-nothing administrators... ND is better about this than others to be fair)
2. They can show "look how valuable our degree is, we charge this much and still reject 90% of applicants"
I think the bigger reason is that generally 1) higher education loans are easy to get 2) student loan debt isn't dischargeable in bankruptcy. Change #2, you'll change #1 > a lot fewer people will go to college and the ones that will are going to be more price sensitive
 

burmafrd1944

Well-known member
Messages
413
Reaction score
325
There have been a decent number of struggling schools that have done exactly this. The problem is, we humans have stupid little monkey brains that subconsciously equate price with quality.

If anything, I'm waiting for the exact opposite. We already saw the corrupt admissions practices that were brought to attention by Operation Varsity Blues. I want some very desirable school to just put it out there in the open and publicly auction off some admissions offers each year.
Varsity Blues was PR thing by the FBI. Over a hundred agents on that operation that could have been doing real law enforcement.
It changed nothing.
 
Top