She did get one generous private scholarship (and I'm grateful for it) but it's just enough to cover her meal plan -- which is a mandatory fee, BTW. It's still gonna cost me over $35000 per year
God forbid she goes to a state school if she can't earn free tuition with her grades or find other financing options.
$35K? Sheesh. That's Ivy League prices.
And I bet that 3.97 is on a 5.0 scale instead of the old 4.0 scale. Or is it on the new self-esteem approved 6.0 scale that I've heard rumors of?
Back in my day (jeez do I feel old and crotchety saying that), there was a 4.0 and that was it. An "A" was a 4.0, whether it was in basketweaving, PhysEd, or Calculus. You took your chances and came out with the best you could. There was no invention of "extra" value to "advanced" courses.
Not trying to pick on you and your daughter... just irked by the sense of entitlement created by falsely stuffing records to sound like acheivements made by previous years of students, while having no direct parallel at all.
Similarly, the SAT scoring system keeps changing to cater to some misguided need to artificially boost the bell-point of the curve. The test gets dumber and the scores get higher. Just like raising the max possible on a GPA.
When I went to school (1996-2000), Stafford unsubsidized loans were available at a rate of $2500/3500/5500/5500 for each of the four years of school. I'm sure those caps are higher now. There are also subsidized Stafford loans, and Perkins loans.
I went to a great school, it cost $25K a year in tuition of which I got about $17K in scholarships and loans and had to come up with $8K each year, working. I graduated oweing about $27K in student loans, and I'm down to about $20K at this point at age 30.
University educations should not be free. If they were, we'd invent yet another stratosphere of education to differentiate the gifted from the average. It would become "mandatory" to get a masters or doctorate in order to succeed rather than a BA.