| It depends on the Ivy and the other school. I’d pick the Ivy only if Harvard, Yale or Princeton. Otherwise there isn’t $200,000 more in prestige than a T50, especially one with a strong undergrad business school. |
Not OP's situation. Huge difference between full-ride scholarship and full-pay student (at a very expensive school nonetheless). |
Again, depends upon the specific schools. |
|
We’re in a similar boat. DC decided to ED to his (very expensive) top academic choice (D1) school and just try out for the club team. As soon as he submits his ED application he gets contacted by a coach from a D3 SLAC inviting him to an official visit with a very generous merit scholarship, based on his academic stats, that would essentially bring the cost down to in-state tuition range. Now we’re trying to decide if it’s worth the visit before ED decisions come out and change to RD or wait and see if he gets in ED and let that decide for him, at the risk of the offer from the D3 school getting pulled.
We’re also going through the “broken leg” scenarios, as a PP mentioned. I don’t think there is a wrong answer. And there’s always the transfer portal. |
This is important. Happened to two kids I know, one as a freshman, one as a junior. |
| Ivies aren’t what they used to be. Go the athlete route. |
It depends what kid wants to study. An engineering degree at a school like UMD will open a lot of doors. I would considered intended major when figuring out the value of the Ivy brand. |
Consider if your child is top of a mediocre school vs mediocre in a top school. I had plenty opportunities as summa cum laude of a mediocre school - more than I could take. |
You are more likely these days to be cut from the team than injured. It feels 1000x worse to remain at a school where the coach basically said they no longer wanted you. |
Which ivy? And what other school? Hard to answer without that info. |
| Playing sports at the Ivy likely gives you better networking opportunities than not playing sports there. Would he play? |
| The answer seems clear unless the Ivy is Brown. |
There are plenty of top students who choose T50's. I wouldn't go in expecting a middle IVY kid to end up at the very top of a large B-school class. |
| Given that the major is economics, I would say the Ivy at full price is not worth it. There are lots and lots of econ majors out there - hard to differentiate yourself. The Ivy is worth it maybe only if the student is gunning for investment banking or top-tier management consulting, and then it depends on which school is the other school. |
| Ivy is worth the cost in the long run, for the connections your child will make and the doors that will be open to them in the future. Just do it |