To you, what schools are truly worth 90k/year

[Anonymous]

Anonymous wrote:

Anonymous wrote:We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any?

Depends on what the child wants to do. To me, by far the most value proposition with the highest expected return is HYPSM. We are full pay and HYPSM's prices at around $90k per year are a steal. The best deal there is in all of higher education anywhere in the world.

Really just depends what you want to do. DH went to a top 10 law school from a state flagship undergrad. Many of his classmates were from the schools you mentioned. Guess what? They all ended up in the same law school with the same job offers. If you have any plans for grad school/additional degrees, I really think expensive undergrad is a waste.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any?

Absolutely not. And it’s supply and demand. Demand drives up prices.

Its not like egg prices during bird flu. No other country in the world has this kind of sticker price. Cambridge and Oxford are in high demand but their tuition has hardly changed.

[Anonymous]

My kid is a CS major. The only schools worth 90K per year.

MIT
Stanford
Berkeley


He wanted to be in East coast, so Stanford and Berkeley was not applied to. Did not get accepted to MIT. So he goes to UMD for free. I saved 400K.

[Anonymous]

For undergraduate? None.

[Anonymous]

Anonymous wrote:My kid is a CS major. The only schools worth 90K per year.

MIT
Stanford
Berkeley


He wanted to be in East coast, so Stanford and Berkeley was not applied to. Did not get accepted to MIT. So he goes to UMD for free. I saved 400K.

This is the way.

[Anonymous]

Anonymous wrote:Here is the problem...

if you go in state it's about $30K/year so the real question isn't who will pay $90K/year... the question who will pay $60K more than they are already going to pay... but in reality most people are going out of state anyway, so the math becomes OOS UVA/UMD is $60K... so who is willing to pay $30K more or $2K/mth...

the answer is people who are too snobby to go in state and think $2K/mth isn't that much money, they are already going to pay $60K no matter what.

??? No, they aren't. Most people go to college fairly close to home.

I think you mean most really rich kids go out of state anyway.

[Anonymous]

Anonymous wrote:Here is the problem...

if you go in state it's about $30K/year so the real question isn't who will pay $90K/year... the question who will pay $60K more than they are already going to pay... but in reality most people are going out of state anyway, so the math becomes OOS UVA/UMD is $60K... so who is willing to pay $30K more or $2K/mth...

the answer is people who are too snobby to go in state and think $2K/mth isn't that much money, they are already going to pay $60K no matter what.

$60k vs $90K doesn't sound big but it's a significant amount of money for many of us. Figure $120K savings per kid and we have 3 kids so basically about $400K. That's a few years of our entire take home income and clearly we're not poor! For many of our friends and our kids' friends it's a rounding error.

[Anonymous]

Anonymous wrote:My kid is a CS major. The only schools worth 90K per year.

MIT
Stanford
Berkeley


He wanted to be in East coast, so Stanford and Berkeley was not applied to. Did not get accepted to MIT. So he goes to UMD for free. I saved 400K.

For CS, 100%. Really depends on the major imo.

[Anonymous]

If DC gets into Stanford on Friday, we'll pay.

[Anonymous]

You're assuming everyone pays 90K. With Harvard being free for up to 200K they must be very confident poor people aren't going to Harvard. Seriously.

I know someone with a kid at GW using the GI bill. But, seriously, 90K for international relations where there are 0 summer internships available thus year or next? NOT WORTH IT

[Anonymous]

Anonymous wrote:For undergraduate? None.

Why waste more $$$ at grad? If you have a solid undergrad degree, you don't need a grad degree unless you have some specific purpose like medical school.

[Anonymous]

Anonymous wrote:We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any?

All of the T50 schools charging $90k+ will have full freshman classes with a robust wait list - every year.

It's what the market bears.

[Anonymous]

None.

[Anonymous]

It depends on your own family finances. How many families are actually full pay, though? I suspect not many.

[Anonymous]

Anonymous wrote:really only tip top like HYPSM. or those who give a ton of aid to families like mine (good income, real assets)

NO... Tell that to my Ivy kid who graduated in May '24 and is still looking for a job. He could have attended UVA and saved 140K in the bank.