20% Of Harvard’s First-Year Class Has Deferred

[PlayerRep]

"According to an email sent by Harvard and as reported in The Chronicle of Higher Education this morning, 340 first-year students have chosen to defer. Using estimates from Harvard’s reported class of 2023 – which counted 1,650 matriculates – this means that roughly 20% of first-year students have deferred from the top-ranked university in the country. Harvard had also anticipated 40% of their undergraduate population choosing to live on campus; they now expect only 25% based on the number of students who have accepted the invitation to do so. If these are the numbers for Harvard, it’s going to be a wild roller-coaster ride for higher education this year.

A number of student surveys from this spring and summer have pointed to potentially catastrophic drops in college enrollments this fall – some predicting by as much as 20%. "

https://www.forbes.com/sites/brandonbusteed/2020/08/07/20-of-harvards-first-year-class-has-deferred/#226a898114a9

I assume that UM is going to experience some, or a lot, of this. Paying the cost of an Ivy education for online classes doesn't seem like a good idea to me.

 

[kemajic]

"According to an email sent by Harvard and as reported in The Chronicle of Higher Education this morning, 340 first-year students have chosen to defer. Using estimates from Harvard’s reported class of 2023 – which counted 1,650 matriculates – this means that roughly 20% of first-year students have deferred from the top-ranked university in the country. Harvard had also anticipated 40% of their undergraduate population choosing to live on campus; they now expect only 25% based on the number of students who have accepted the invitation to do so. If these are the numbers for Harvard, it’s going to be a wild roller-coaster ride for higher education this year.

A number of student surveys from this spring and summer have pointed to potentially catastrophic drops in college enrollments this fall – some predicting by as much as 20%. "

https://www.forbes.com/sites/brandonbusteed/2020/08/07/20-of-harvards-first-year-class-has-deferred/#226a898114a9

I assume that UM is going to experience some, or a lot, of this. Paying the cost of an Ivy education for online classes doesn't seem like a good idea to me.

Harvard's endowment can absorb the pain; UM, not so much.

 

[GrizTexas]

Might also be driven by the $50K plus price to attend, given the alternative is on-line seems like the smart choice?

 

[MikeyGriz]

Might also be driven by the $50K plus price to attend, given the alternative is on-line seems like the smart choice?

Any price difference between the two?

 

[SoldierGriz]

Meanwhile at West Point, the Nation continues to produce leaders and scholars...on Campus. Over 1000 appointed and over 1000 showed up.

 

[PlayerRep]

Might also be driven by the $50K plus price to attend, given the alternative is on-line seems like the smart choice?

Tuition is about $50,000. With room, board and fees, over $72,000. All-in with transportation, books, house and athletic fees, spending money, spring break, etc., probably $85,000 - $90,000.

 

[GrizTexas]

Might also be driven by the $50K plus price to attend, given the alternative is on-line seems like the smart choice?

Tuition is about $50,000. With room, board and fees, over $72,000. All-in with transportation, books, house and athletic fees, spending money, spring break, etc., probably $85,000 - $90,000.

From where I sit if I was an incoming freshman (or better yet the parent of) I would seriously consider deferring. The on-campus experience is so much a part of the education process... hard to pay that kind of money to look at a computer screen every week even if the content is coming from Harvard!

 

[grizband]

Might also be driven by the $50K plus price to attend, given the alternative is on-line seems like the smart choice?

Tuition is about $50,000. With room, board and fees, over $72,000. All-in with transportation, books, house and athletic fees, spending money, spring break, etc., probably $85,000 - $90,000.

I would be very curious to know how much incoming students actually pay. Harvard grants vast amounts of aide to incoming students, based off a variety of factors relative to each family.

 

[PlayerRep]

Tuition is about $50,000. With room, board and fees, over $72,000. All-in with transportation, books, house and athletic fees, spending money, spring break, etc., probably $85,000 - $90,000.

I would be very curious to know how much incoming students actually pay. Harvard grants vast amounts of aide to incoming students, based off a variety of factors relative to each family.

Harvard's claims that most students pay less the cost of a public school.

The Ivies have great financial aid. I think most Ivies are full of rich, or fairly rich, kids, whose parents pay full freight. Poorer students get virtually a full ride. Families making up to $125,000 to about $150,000 also have most of the cost paid for. Above that, it gets pretty expensive fairly fast, especially compared to public schools and for athletes who otherwise would have an athletic scholarship.

The Ivies were much less expensive, and more affordable for middle class families, back in the day.

No athletic scholarships for the Ivies. All or mostly need-based. However, since an antitrust case and settlement about 2 or so decades ago, financial aid is not exactly even for all Ivies and MIT and a few others. The schools can vary the financial aid a bit, and do. I liked the old system of financial aid. The week before acceptances and financial aid went out, the admissions/financial aid people of each of those schools got together and agreed on financial aid for each common admittee. The extra family cost was exactly the same for each school, and I believe grants and loans were the same. Thus, no admittee had cost influence his/her decision.