For sure. But it sounds like maintaining their "lifestyle" is a higher priority . . . . |
Not at all. DC just knows that and handful of small $90-100K privates that don't offer merit are off the table. There are still dozens of schools that would be a great fit and are either more affordable or offer merit to make it more affordable. Plus around 20 other schools that we'll pay that $400K for if DC gets in. |
Of course it is. We're not giving up UMC things like travel, house cleaners, restaurants and entertainment, retirement funds, etc. to live like paupers just so DC can go to Colgate instead of another SLAC that offers merit or one of our excellent State schools that has similar or even better career placement. |
So you will pay $400K for Harvard, but not for Tufts? I guess I don't get that. I don't think T10 schools are that great over the others, and if I'm willing to pay for one, I'd pay for all of them |
Smart choice! It is okay to tell your kids "we have only $40-50K to spend per year for college. And if you spend less, then you get it for graduate school". There are plenty of great schools that will give merit/be priced in that range (or whatever your range is) |
Tufts is much more similar to several less expensive schools than it is to Harvard. But great if Tufts works for your family. |
Agreed. Not everyone is going for the austerity martyr prize. |
Different poster here, and I am solidly upper class, and I would pay for Tufts, WashU, Emory, Georgetown level, but if my kids don't get into that level, I will expect them to go to our state flagship school. My view is that the top kids at flagships will do well in grad school placement (possibly better actually) and I think alumni networks and jobs are available to kids who rise to the top of their state universities, but I don't think a "no name" school is worth the squeeze when you look at job and grad school outcomes. It's not a money thing - it's more the fact that no hiring manager is going to have any familiarity with say, Rhodes College or Gettysburg College or Augustana College. |
So I guess if big state school is not the right fit, then too bad so sad?? |
All fine and dandy, but what's the cutoff in your mythical world? Georgetown good. Tufts good at #36 How about #57 Villanova? #51 Wake? #46 Northeastern? #42 BU? You have started down the slippery slope of the OP point. |
+1 |
Tufts might have similar selectivity, (its still the least selective when compared to Emory, Georgetown, WashU etc.) But academically and prestige wise its not the same prestige level. Its closer to Georgia tech or BC in prestige. |
| I went to visit Tufts in the 90s and thought it was depressing. I went to UVa and loved it. Now that college prices are absolutely insane, I am having trouble understanding why you wouldn't go to a good state school instead of one of these places, especially if they feel isolated and depressing. |
Nope, go to W&M or a smaller private that offers merit. This isn't rocket science. But you feel free to spend your $400k however you like. My kid will have grad school tuition and a down payment instead. |
Totally agree with this. And we are not in Virginia, but I don't consider UVA a big state school. Also a number of state schools (I'm thinking of UCSD in particular) are divided into smaller colleges so they don't feel as big. I also think that at some point, you cannot coddle your kids anymore - they need to join the real world. |