Donut hole reality

[Anonymous]

My god— my niece paid $100k freshmen year to attend Boston College.

It’s not very different from Georgetown or any of the SLACs.

My child has been accepted to some very adjective universities (5-6%%) acceptance rate—but paying $70k more per year over the very good VA public university seems ludicrous.

This is the point we have come to in higher education. A $400k undergrad degree?

[Anonymous]

^selective, not adjective

[Anonymous]

Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

[Anonymous]

Anonymous wrote:Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

Most likely what we are doing- W&M or UVA

I just read all these people fighting over prestige and it’s crazy. My kid got into many of these schools they are raving about, but not worth the $.

[Anonymous]

I'm worried about affording those very good public schools, let alone the private ones!!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

Most likely what we are doing- W&M or UVA

I just read all these people fighting over prestige and it’s crazy. My kid got into many of these schools they are raving about, but not worth the $.

Pot, meet kettle

[Anonymous]

My child is interested in a very niche major that is not available in any VA public schools. Even with the academic common market, her only in state options are two schools in Kentucky.

[Anonymous]

Anonymous wrote:My child is interested in a very niche major that is not available in any VA public schools. Even with the academic common market, her only in state options are two schools in Kentucky.

If you can afford it, godspeed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

Most likely what we are doing- W&M or UVA

I just read all these people fighting over prestige and it’s crazy. My kid got into many of these schools they are raving about, but not worth the $.

Pot, meet kettle

Kid is in a liberal arts major/govt-international relations. Those are the two publics with best programs in his field. The point was—why pay $85-100k for a private university.

[Anonymous]

We hired a financial planner when DC was born 13 years ago. We were told that when DC is 18 that a 4-year private college would be about $500k. Could not believe it then, but looks like that is accurate. Crazy.

[Anonymous]

At least 1/4 is room & board, but it's still expensive.

Hope she saved some money attending public K-12. I rather invest in private college over white-flight "elite" private K-12.

[Anonymous]

Anonymous wrote:My god— my niece paid $100k freshmen year to attend Boston College.

It’s not very different from Georgetown or any of the SLACs.

My child has been accepted to some very adjective universities (5-6%%) acceptance rate—but paying $70k more per year over the very good VA public university seems ludicrous.

This is the point we have come to in higher education. A $400k undergrad degree?

Yep, we are at this same realization. We've saved a lot and thought it would be enough. It's not. We are foregoing all of those big, fancy schools as it does not make sense. Once out of grad school it will not matter that DC went to Bridgewater vs. Boston College. Sorry, it won't.

These prices are unsustainable and it's absurd we accept them as "normal" now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

Most likely what we are doing- W&M or UVA

I just read all these people fighting over prestige and it’s crazy. My kid got into many of these schools they are raving about, but not worth the $.

Don't say you don't care about prestige and then throw out you're planning on UVA or W&M. GMAFB.

[Anonymous]

Anonymous wrote:My child is interested in a very niche major that is not available in any VA public schools. Even with the academic common market, her only in state options are two schools in Kentucky.

But it is necessary to have that niche major to get a job later?

[Anonymous]

Anonymous wrote:Yeah, it's ridiculous. Send your kid to a decent public school - there are plenty of them.

Decent public schools are 30k per year. Mind boggling