I recently came across an article on my Facebook feed about high school senior Ronald Nelson, who was accepted into all 8 ivy league colleges (among other highly competitive schools). The article discussed how, despite this amazing opportunity for Nelson to attend arguably one of the better colleges in the nation, he ultimately chose to attend University of Alabama (which is still a decent school). According to Business Insider, “After some thought and consideration of all the schools’ offers, Nelson decided it wouldn’t be worth the financial strain to use this money on his undergraduate education.”
Talk about the rising costs and burden of affording college is everywhere. The Wall Street Journal just announced that the graduating class of 2014 has the highest student debt in history, with the average student owing $33,000 after college. So for Nelson, attending a less competitive school that offered him a full ride scholarship was a strategy, as he plans on attending graduate school (where that debt only accumulates…). Seems like a smart choice, right?
Not according to Sociologists of Education who study and believe in undermatching theory.