No point in Stanford over Emory if goal is law school. Save the money for law school where name/rank matter more. |
If the kid wants Stanford I would do everything possible to make it happen. There is a lot of lifetime value in being a Stanford grad. |
This is same woman who posted uva vs Stanford . Your kid wants law go with cheapest option |
I am not that woman PP. |
I'm old fashioned and grasp that its a ton of money, but a lifetime of Stanford prestige and connections would be worth the extra expense to me. Emery is an excellent school but a Stanford degree would provide a lifetime of unexpected benefits. And no, I didn't go to either school. |
At least call Stanford financial aid to plead your case. It can't hurt. |
Old fashioned as in college costs 10k and a house 100k? |
The truth is that your kid just may never get into a great law school, or will completely abandon the idea of grad/professional school. Who knows?
But Stanford is right there. |
Emory. Bank money for grad school or place to live. Emory is a very selective school. Not Stanford. But if money matters and it does to you, Emory all the way. |
I think if your kid really wants Stanford, I'd try to make it happen. It's a stretch but it's not unobtainable. $80 - $55 = 25K that needs to be found. $5500 for freshman year can come from federal loans which leaves around $20K that needs to be found. For $20K, I'd look at a home equity loan, side hustle, reaching out to grandparents for assistance, maybe trying to cash flow a few thousand. I don't know your financial situation and maybe none of these are options. On your son's side, he can look for a work study job on campus; he also should be able to make $5K over the summer. I would also reach out to the FA office and see if there is anything they can do. $5 or $10K would go a long way to closing that $25K gap. |
For one who is likely to attend grad school or professional school, Emory University is a very attractive option at $20,000 per year versus $80,000 per year for Stanford.
The play here is not asking Stanford for money simply because they are not going to give you any if you do not qualify for financial aid. The correct approach in this situation is to ask Emory University to make the decision for your family. If Emory is requiring $20,000 per year, then Emory can move $20,000 a year in your direction to buy your son away from Stanford. If Emory grants an additional $20,000 per year, then the difference becomes $320,000 and Emory becomes a stress free lifestyle for all involved. If Emory says no more money, then the College Gods will have spoken & you can rest assured that Stanford University is the better option. You're welcome in advance. |
Stanford- I would find a way to come up with the difference between what you can pay annually - 55K and the tuition cost of $80K. Stanford degree opens doors for a lifetime. |
I agree that if you are seriously considering Emory and would go with a fully free ride, you should push for the additional $$ by disclosing the Stanford admission. I would not be surprised that if you said you'd enroll for $15-20k/year that they could make it happen.
Stanford is an awesome place and I loved my time on campus but everything isn't equal here with your personal situation. If you can afford Stanford, I can't recommend it enough though and your kid will have a slight advantage getting into Stanford's top 2-3 law school. |
Kid got into Emory. We have to turn it down because we got no aid. I wish they would give my kid some. |
Maybe. I find it hard to believe that one's graduate degree, one's work experience and work history aren't more important after about 5 years in the workforce. If one earns a law degree or an MBA or a medical degree, the undergrad degree from Stanford has little to no value. The Stanford undergraduate degree is most valuable for one who does not go to grad school or to a professional school. |