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No doubt these are good colleges but please tell me what they offer that would justify a $60,000+ price tag. There must be something very specific besides name recognition.
http://www.businessinsider.com/50-colleges-charge-60000-dollars-2014-7 |
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Even attending a good out-of-state school can run you $50-55K. When a great school like U Mich is $55,000 for out of state students, a pricetag of $62K for some of the private colleges/universities on your list doesn't seem such a huge leap.
The question is, are some or all of those schools worth $30-40K more than your local state school. It depends what you want to study, and whether it's taught well at your local state university. |
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I'd love my kid to attend U Mich. But from out of state, it's $55K for freshman and sophomore years, and $58K for junior and senior years.
http://www.finaid.umich.edu/TopNav/AboutUMFinancialAid/CostofAttendance.aspx At that point, if what you really want is a small ivory-tower experience, and you can afford it, why not spring the extra $6K for Vassar. Also, many of the schools on that list provide significant merit aid. I know a kid who got a great merit package from Bennington, for example. |
Nothing, nada, zilch. I would love to send my kid to one of these schools, but they are too expensive. It's ridiculous that they charge so much money for one year of college!! No school is worth that much!! In-state tuition for us or merit aid, but those are our kids' only choices. |
| A lot of these schools give very good financial aid. We are solidly upper middle class and both of my kids got generous aid packages from Wash. U and Duke, for example. |
| Imagine how much your kid could learn if you sent him of her around the world with that dough. |
these are wonderful schools, worth every penny |
| Tulane...I wonder what % r paying full freight...no way... |
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It's like asking what cars are "worth" $150k, bottles of wine "worth" $500, or country clubs worth $5000 per round of golf?
These colleges are luxuries for people with money to burn. That cost can never be justified for someone who has to sacrifice to pay. |
Sums it up very nicely. |
| That list includes Dartmouth, John Hopkins, Trinity, Sarah Lawrence, USC, Northwestern, Columbia, Chicago, and Oberlin. All of those schools are worth the price. I would pay it, if I had the money and my kids got in. |
This is it exactly. |
| Very few pay full price. It is monopoly pricing, getting each sucker to pay what they can afford. At many places a lot of the price is the cost of grad programs(paying high prices for star professors, their staff and facilities). It adds to the name of the university, but is of questionable value to ungrads who have no interaction with the professors or programs. |
| My kid attends a school on the list and another graduated from one of the listed schools. After merit and need based aid we ended up paying less than 20K. |
OP here. I guess I have to agree if I had the money. I could do half but unlikely I would get the rest without loans. |