1) Financial aid- I believe there's a general decline in legacy students at Penn over the past few years. The general idea is that it doesn't matter how wealthy you are, because the school's going to squeeze as much money out of you as it is able to. So rich kids have to pay more and lower income families get subsidies from the government or school grants.
2) Seriously, most Penn students are working their ass off to find a job or go to grad school. Maybe I'm biased since I'm in the College of Arts and Sciences, and not Wharton, but most people I've spoken to after 3 years are quite passionate about what they do, whether it's starting a business or studying politics. Yeah, ok, there are the few who depend solely on sucking up to people and networking to get through their exams and getting an interview, but I think there's a balance between that sort of corruption (for lack of a better word) and genuine hard work. This is, well, part of life, right?
3) The article fails to specify who those people were, but goes on to talk about how most MBAs go on to earn a six figure income right after graduation, and how the school's connections are filled with the big names on Wall Street, implying that those people ARE going to earn the same amount, and will have the same connections. I think it's silly to assume this much, as it's very likely that those people will find jobs with long hours that pay the same rate as someone who's selling clothes. Everything's relative, and costs in NY are quite expensive.
And because I should be studying right now, I'm going to leave with the following comments:
For all the protestors out there, these are desperate times, but complaining in front of a school won't help. Most college kids are like internet trolls, and will probably say/do things that are hurtful or insulting because they think it's amusing, or because they feel needlessly attacked. Come on, it's not like all the state college kids saints. Oh, and a last note about the legacy students... while I'm not friends with any, I do think they are good for the school- not only because their families give Penn money and Penn can create fun stuff to do (or not :/ ) the students are so dumb, they lower the curve and thus increase my GPA. So yeah, they're important.
*Last year it was about how filthy Penn students are, and how they needed their parents to pay them personal maids to clean after their disgusting frat parties. And the pictures of their hovels were, unfortunately, proof of their general laziness and pure nastiness. NOTE that this is not representative of the entire school population.







