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% of Low Income Students who become Upper Middle Class
Posted on 8/12/19 at 2:18 pm
Posted on 8/12/19 at 2:18 pm
From the school profiles on Money.com. Hadn't seen this metric anywhere before. Pretty cool - one of the most important jobs of college IMHO, help lift a family from one economic point to another and climb the ladder.
Money - % of Low Income Students who become Upper Middle Class
(1) Vanderbilt - 59%
(2) Texas A&M - 45%
(3) Florida - 43%
(4) Georgia - 35%
(5) Arkansas - 33%
(6) Auburn - 32%
(7) Missouri - 30%
(8) Alabama - 25%
(9) Ole Miss - 24%
(10) Mississippi St - 20%
(11) Kentucky - 17%
LSU - N/A
South Carolina - N/A
Tennessee - N/A
Money - % of Low Income Students who become Upper Middle Class
(1) Vanderbilt - 59%
(2) Texas A&M - 45%
(3) Florida - 43%
(4) Georgia - 35%
(5) Arkansas - 33%
(6) Auburn - 32%
(7) Missouri - 30%
(8) Alabama - 25%
(9) Ole Miss - 24%
(10) Mississippi St - 20%
(11) Kentucky - 17%
LSU - N/A
South Carolina - N/A
Tennessee - N/A
This post was edited on 8/12/19 at 2:22 pm
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Posted on 8/12/19 at 2:31 pm to SummerOfGeorge
That's actually a really cool metric in theory. I just wonder how accurate it is.
Posted on 8/12/19 at 2:31 pm to SummerOfGeorge
Define "Upper Middle Class" in this context.
Posted on 8/12/19 at 2:32 pm to skrayper
quote:The higher end of the class in the middle.
Define "Upper Middle Class" in this context.
Posted on 8/12/19 at 2:32 pm to SummerOfGeorge
Georgia skews slightly lower due to how the HOPE scholarship affects the demographics of the admissions process, compared to how Vandy, AnM, and UF operate.
ETA- unlike traditional scholarship programs, the university cant take the best and brightest of the poor, but turns it into a lottery of sorts where non-academic factors amalgamate into a greater driver of acceptance than academics alone.
ETA- unlike traditional scholarship programs, the university cant take the best and brightest of the poor, but turns it into a lottery of sorts where non-academic factors amalgamate into a greater driver of acceptance than academics alone.
This post was edited on 8/12/19 at 2:35 pm
Posted on 8/12/19 at 2:32 pm to DoreonthePlains
quote:
That's actually a really cool metric in theory. I just wonder how accurate it is.
Considering it has to be based off the "payscale.com" data, probably not super accurate, but i like the idea of it at least.
Posted on 8/12/19 at 2:35 pm to skrayper
quote:
Define "Upper Middle Class" in this context.
They didn't have any qualifiers or details. The 2018 census qualifies people nationally as being Upper Middle Class at $140K household income.
Of course, that varies greatly from region to region.
This post was edited on 8/12/19 at 2:36 pm
Posted on 8/12/19 at 2:38 pm to SummerOfGeorge
$140k household is middle middle and I don't care what the census defined.
Posted on 8/12/19 at 2:39 pm to deeprig9
quote:
$140k household is middle middle and I don't care what the census defined.
$140K ain't middle middle in New York City and it ain't middle middle in Evergreen, AL.
Posted on 8/12/19 at 2:40 pm to deeprig9
quote:
$140k household is middle middle and I don't care what the census defined.
lol, what?
Nationally, median income is more like $60,000/yr.
Posted on 8/12/19 at 2:42 pm to GetCocky11
Per person or household?
Posted on 8/12/19 at 2:49 pm to pioneerbasketball
looks like median household is 61k
Posted on 8/12/19 at 2:51 pm to SummerOfGeorge
I think a major factor for schools in the SEC, is how many generations removed students are from the first College Grad in the family. Most people in the South over 50 are first generation College grads. Right now those individuals have children in School, so the demographics are totally different. My guess those number listed increase about a 1% per year.
Posted on 8/12/19 at 2:52 pm to SummerOfGeorge
One reason A&M does this so well.
quote:
Aggie Assurance
Texas A&M University has expanded its commitment to low and middle income students through the Aggie Assurance program. The Aggie Assurance aids students with family income of $60,000 or less by pledging to provide enough scholarships and grants to pay tuition for all eligible* students. The Aggie Assurance encourages Texans to pursue higher education at a flagship, research institution.
Aggie Assurance covers tuition – state mandated, designated tuition, and differential tuition. In essence, this is a commitment by the University that those below $60,000 in income will always have grants and scholarships to meet the tuition costs. At this time, the program does not include fees.
Posted on 8/12/19 at 2:55 pm to SummerOfGeorge
Kinda dispels that hit piece on Alabama earlier this year that they only recruit students from only the wealthy, affluent suburbs.
Posted on 8/12/19 at 2:56 pm to secuniversity
quote:
Kinda dispels that hit piece on Alabama earlier this year that they only recruit students from only the wealthy, affluent suburbs.
Depends on where the 45% from Alabama fall.
Posted on 8/12/19 at 3:01 pm to Farmer1906
quote:
Aggie Assurance
Sounds a lot like the Opportunity Vanderbilt program at Vandy that everyone bitches about during baseball. The Ole Miss, MSU, and LSU fans are going to jump all over this as unfair if A&M ever beats them in baseball.
Posted on 8/12/19 at 3:05 pm to Farmer1906
quote:
One reason A&M does this so well.
A&M and Florida do a great job of educating all of their state, rich and poor. Something to be proud of.
Posted on 8/12/19 at 3:08 pm to DoreonthePlains
I'm not sure D1 athletes are eligible for this and most of the baseball recruits don't meet these criteria.
Posted on 8/12/19 at 3:15 pm to deeprig9
HOPE seems to be very similar to the Bright Futures scholarships in Florida.
This post was edited on 8/12/19 at 3:16 pm
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