Do many people pick publics because of money?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Virginia has some fantastic state schools. Why pay for private when you can get a better education, with a larger alumni network, at a public?

UVA is definitely better than SUNY.

+`1. UVA is no 24 best univirisites in the US. SUNY is no. 76

You do understand there is more than one SUNY, just like there are more public universities in VA other than UVA?

[Anonymous]

Why yes, they sure do, OP.

Air getting thin up there? Affecting your brain?

[Anonymous]

Of course they do. Did you know the most common number of colleges applied to is one? The closest public college.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You understand that tuition rates have grown astronomically faster than wages since you were in college, right?

Of course I understand. We can easily afford to pay tuition. However, even if we couldn’t, I would encourage my children to apply and attend the best college possible.

I know many kids going to UVA and W&M could have gone to “better” schools. I’m sure this is more from public high schools, not private. If you are already paying 50k for high school tuition, paying 80k for college tuition probably would not be a factor in deciding where to go to college.

1. If you couldn't afford to pay, then why would you encourage your children to apply and attend the "best college possible"?

2. Your statement about a person paying $50K being able to pay $80K (and rising)(It's actually $90K now, generally) makes assumptions and is erroneous.

3. Yes, people pick publics and privates with merit aid over "better" brand-name schools because of money.

Dh and I want to HYP grad schools. I earned high six figures and Dh now earns seven figures. I don’t think it would have been possible without our education.

You can't be serious? Do you know how many people make that much who went to unknown schools, or are entrepreneurs, or dropped out?

This…DH and I went to sec schools and both earn 7 figures each. Suckers!!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:My parents did not pay for my college or grad school. I never considered any public universities in state or out of state. I am from NY. I applied to schools I was interested in, got financial aid and graduated grad school with loans and paid it off pretty quickly. I worked in investment banking and private equity in NYC so it was fast.

I’m surprised at how many people choose state schools in VA and MD.

Are students that afraid of debt?

All these families are better off financially than my family was when I was going to college. The cost of college was not a factor for me. I just knew I would pay it back.

You are tone-deaf and ignorant, OP. Most professions will never, ever, create investment banking type wealth. Most people don't want that job, because we're all different with different skills and personalities. So for the MAJORITY of jobs requiring a college degree or graduate school, there is no point in paying more for a private university. The ROI just isn't there.

Snap out of your bubble.

THIS.

[Anonymous]

The best option is to run a high amount of debt and marry a woman making a decent income and tell her to pay off your debts leaving your MIL with no recourse except posting here how unfair it is that your kid picked public specifically to not have debts and now has to pay your son in law's loans

[Anonymous]

Anonymous wrote:OP-you made $$ in IB, went to great schools. Are you really that dim? You can’t comprehend that a) most people will never make IB type of money and therefore 1) can’t pay off student debt quickly and 2) can’t shell out $$ for their kids to attend $$$ private schools? That’s why the whole debate of private vs public school results is not accurate. “Results” (where kids actually end up vs where they get in) are a product of parental SES more than anything.

+1 OP isn't very bright for being in IB.

Does OP recall that the taxpayers just paid off billions worth of student debt.

[Anonymous]

Anonymous wrote:OP-you made $$ in IB, went to great schools. Are you really that dim? You can’t comprehend that a) most people will never make IB type of money and therefore 1) can’t pay off student debt quickly and 2) can’t shell out $$ for their kids to attend $$$ private schools? That’s why the whole debate of private vs public school results is not accurate. “Results” (where kids actually end up vs where they get in) are a product of parental SES more than anything.

We live in an affluent area in the DMV. I’m just genuinely surprised at the number of students who go private when I know they were perfect students. I also know it is not easy to get into UVA and that UVA is a respectable school. Like I said, I’m sure it is geographic, just the way other posters said most people went to UC or UNC. SUNY, Rutgers and UConn are not the same caliber.

[Anonymous]

Meant to say that they go to public. I wrote private by accident.

I’m typing on my phone waiting for my kid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP-you made $$ in IB, went to great schools. Are you really that dim? You can’t comprehend that a) most people will never make IB type of money and therefore 1) can’t pay off student debt quickly and 2) can’t shell out $$ for their kids to attend $$$ private schools? That’s why the whole debate of private vs public school results is not accurate. “Results” (where kids actually end up vs where they get in) are a product of parental SES more than anything.

+1 OP isn't very bright for being in IB.

Does OP recall that the taxpayers just paid off billions worth of student debt.

There is a kid we know who chose UVA over Harvard. It is hard for me not to understand. While I don’t know the financial circumstances of this family, they seem like an UMC family. Would they be full pay? Probably. I’m sure there are many students who could have gone away to college and decide to stay in state. These are people who live in nice homes, vacation, drive luxury cars and appear to have money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You understand that tuition rates have grown astronomically faster than wages since you were in college, right?

Of course I understand. We can easily afford to pay tuition. However, even if we couldn’t, I would encourage my children to apply and attend the best college possible.

I know many kids going to UVA and W&M could have gone to “better” schools. I’m sure this is more from public high schools, not private. If you are already paying 50k for high school tuition, paying 80k for college tuition probably would not be a factor in deciding where to go to college.

1. If you couldn't afford to pay, then why would you encourage your children to apply and attend the "best college possible"?

2. Your statement about a person paying $50K being able to pay $80K (and rising)(It's actually $90K now, generally) makes assumptions and is erroneous.

3. Yes, people pick publics and privates with merit aid over "better" brand-name schools because of money.

Dh and I want to HYP grad schools. I earned high six figures and Dh now earns seven figures. I don’t think it would have been possible without our education.

You can't be serious? Do you know how many people make that much who went to unknown schools, or are entrepreneurs, or dropped out?

This…DH and I went to sec schools and both earn 7 figures each. Suckers!!!

I never understood why people make it a point to say this. Yes, many more people attend non elite colleges than elite ones and some become successful. Why the need to put down people with an ivy degree?

I have a friend who went to a Midwest state school and she often puts down those with elite degrees. It is not a good look.

[Anonymous]

Anonymous wrote:My parents did not pay for my college or grad school. I never considered any public universities in state or out of state. I am from NY. I applied to schools I was interested in, got financial aid and graduated grad school with loans and paid it off pretty quickly. I worked in investment banking and private equity in NYC so it was fast.

I’m surprised at how many people choose state schools in VA and MD.

Are students that afraid of debt?

All these families are better off financially than my family was when I was going to college. The cost of college was not a factor for me. I just knew I would pay it back.

Agree. I think that some people did not have the experiences that you and I had, so they are afraid of having to pay back school loans, OP. And absolutely yes, money is why anyone I know who has their kids attend publics, attend publics. Which is fine for them, we are grateful for more options.

[Anonymous]

Well I’ll have the last laugh. I pay a fraction of what people pay out of state for my kid to go to uva. Will try and do it with my second kid too. GL!

[Anonymous]

Anonymous wrote:Well I’ll have the last laugh. I pay a fraction of what people pay out of state for my kid to go to uva. Will try and do it with my second kid too. GL!

I am in state. To be clear. Fantastic value. Surely as a finance person you get this? lol.

[Anonymous]

Yes. I grew up in VA. My parents only would pay for in-state public universities.

It would have been hard for them to pay for us otherwise--didn't qualify for any aid--but not enough for private.

We also don't qualify for aid, but can pay for our kids to go anywhere (VA residents). It does hurt a little to not be using in-state schools like UVA, Tech, WM--but our kid is not interested in them and it's a better fit where they are now.