| We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any? |
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The biggest purpose of a college is to prepare for your career for the most people.
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I agree with you, OP. Wish more people had your sense so the price hikes would stop. I also think, with all the taxpayer money these institutions receive, citizens and legal residents should get priority. For 91K+/year (with increases every year), I’d want a guaranteed career. That’s a pipe dream of course, so why not go to a cheaper school and throw some money in an ETF or other investment vehicle for the child. I hope to do that. |
| Stanford, Penn, WashU, and MIT. |
| Any school that costs that much that one of my kids wants to attend. I get that money is an issue for most, but not for our family |
| 90k is really not that much. |
| all of them. If they are a good fit and have great reps - they are worth it. |
Let them eat cake! |
WashU? |
| It's a comparison between available options. How much less are the other options? |
| This thread has been done multiple times recently. |
| No price is too high. Private college is a Veblen good—the more expensive the better, because the whole point is to show off the fact that you’re rich enough to bear the expense. |
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College was the best four years of my life. And made countless lifelong friends there. My parents worked very hard and made sacrifices to allow me to have that experience and graduate without debt.
I have committed to do the same for my children - they will go wherever they want. I consider myself blessed to be able to do that and appreciate that it is not the norm. For those with fewer resources, I agree that it is a tough call for many schools if they are incrementally better than much lower priced options. I read about the $50 million gift to Bowdoin for AI and wish that funds like that were used to slow the growth in tuition for all students. It is truly getting out of hand. Web sites like this which obsessively analyze food, amenities, etc. only make the problem worse. Food should be edible, amenities should be adequate, dorms should be clean and modern but not luxurious - this is not what schools should compete on. |
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Ivies
MIT Stanford Duke Rice WashU JHU Vanderbilt Caltech UChicago Northwestern |
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I drew the line at BC when we toured.
Tufts is that same level. |