Keats wrote:What are the chances a similarly-ranked school would try to match a $120K offer from IUB? Do you think every other school knows that someone in the IUB admissions office has lost it and handed out free rides to half the admitted class?
I don't see other schools around it coming close to that. The reason IU is giving out so much is because it essentially hit a scholarship jackpot from a donor. A lot of the schools around it are either state funded or notorious for not giving much. Also, who would really want to spend 3 years in Bloomington over some of the other cities that the schools ranked near IU are in
. There are definite quality of life and networking advantages to the other schools that IU can't compete with.
Plenty of people, including myself. It's an hour away from Indianapolis. It's not bad in job placing outside of Indiana. It's super cheap to live there. Bloomington is in south Indiana so it's actually a pretty temperate climate (huge for someone like me who hates winter).
So what if IU has the money to give out for scholarships, and they're doing so? It's not like anyone's being offered $$$ from a TTT, we're talking about a highly ranked school here. None of those schools has a obvious location advantage that would sway a large amount of people from IU for significantly less $$$. Probably sway some, but it's not absurd to take IU at good money.
Just because you personally wouldn't doesn't mean most people would do the same, is all I'm saying.