If your kid got into an Ivy as an athletic recruit would you suck up the cost and send them?

[Anonymous]

Anonymous wrote:Yes I would. Also ivies give a lot more aid than other schools (especially for athletic recruits) and do different calculations so you might be surprised and get aid. Congrats to your DD!

This is not necessarily true. They'll have their expected family contribution calculator on their website. They do not give merit money, though I don't know anything about athletic recruit money. If someone can get into an Ivy, they're likely to get a lot of merit money at other schools that is given without the consideration of financial circumstances.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's fine for everyone to say the DH is an idiot, but how many kids do they have? What are their other expenses? Are they paying private school tuition for other students in the family currently? Etc. Yes, it's great to go to an Ivy, but not at the expense of other things or other people in the family.

Also, if you don't have that much debt because you live frugally (not because you're wealthy), drive old cars, live in a modest house that's paid off or has a small mortgage, yet make slightly over whatever they consider the threshhold, you are not getting much, if anything, from an Ivy, and your "expected family contribution" is way more than in-state tuition. I don't remember if they consider what you're paying for other kids' tuition or not. As far as FAFSA, you're getting the opportunity to borrow around $5K and nothing else. I'm not saying it's "not worth it," but it's ridiculous to say that it's compostable or less that in-state tuition in most cases.

Not true. There was a $3K difference between VTech FA and the Ivy my DC will attend (not tippy top stats kid but unique and stood out).

That's great for you. Was not true at all for me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes I would. Also ivies give a lot more aid than other schools (especially for athletic recruits) and do different calculations so you might be surprised and get aid. Congrats to your DD!

This is not necessarily true. They'll have their expected family contribution calculator on their website. They do not give merit money, though I don't know anything about athletic recruit money. If someone can get into an Ivy, they're likely to get a lot of merit money at other schools that is given without the consideration of financial circumstances.

No separate money for athletes, according to what I've read.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes I would. Also ivies give a lot more aid than other schools (especially for athletic recruits) and do different calculations so you might be surprised and get aid. Congrats to your DD!

This is not necessarily true. They'll have their expected family contribution calculator on their website. They do not give merit money, though I don't know anything about athletic recruit money. If someone can get into an Ivy, they're likely to get a lot of merit money at other schools that is given without the consideration of financial circumstances.

No separate money for athletes, according to what I've read.

Correct. Ivys don’t give $$ to athletic recruits.

[Anonymous]

OP, has your DD looked at top 20 non-Ivy schools? I know kids who have received significant scholarships to play their sport at Rice, Vanderbilt, and Georgetown. Know a couple receiving less money at Northwestern.

[Anonymous]

I am assuming OP has a prepaid tuition plan, not a general 529. That is a hard thing to ignore. I also don’t think all Ivies are equal. The only schools I would pay for rather than use a prepaid tuition are Harvard, Princeton, Yale, MIT, Stanford and Caltech.

[Anonymous]

Anonymous wrote:Yes, just for the future marriage pool even if they weren’t interested in finance or consulting

Your dh is an idiot

🙄 Ivy League college kids aren’t thinking about marriage. It’s not the MRS degree situation.

[Anonymous]

How much debt is the question. $200k— certainly not. $50k that I could help pay off in 5 years without too much trouble then probably yes.

[Anonymous]

Anonymous wrote:OP, has your DD looked at top 20 non-Ivy schools? I know kids who have received significant scholarships to play their sport at Rice, Vanderbilt, and Georgetown. Know a couple receiving less money at Northwestern.

Those are all D1 schools, I believe OP said D1 does not appear to be an option. If so, though, yes, there is athletic scholarship potential at all of those schools, plus Stanford.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, has your DD looked at top 20 non-Ivy schools? I know kids who have received significant scholarships to play their sport at Rice, Vanderbilt, and Georgetown. Know a couple receiving less money at Northwestern.

Those are all D1 schools, I believe OP said D1 does not appear to be an option. If so, though, yes, there is athletic scholarship potential at all of those schools, plus Stanford.

Ivies are also D1, but unlike other D1 schools, they don’t provide any athletic scholarships. The OP said her DD wasn’t good enough to play for the public universities on her State, but depending on the sport and her academics, she might be at a level where she could play at a non-Ivy D1 in the top 25 or so.

[Anonymous]

Anonymous wrote:DD has a lot of interested from several Ivys for her sport. It’s highly likely that she’ll end up with a couple offers to play.

Meanwhile, DH has fully funded her 529 but she’s not getting any interest to play in-state bc it’s much more competitive.

DH doesn’t want to pay Ivy prices when already have in state funded. DD can still go instate but just won’t be playing her sport, which she might be ok with if we tell her we cannot afford Ivy. The the truth is DH doesn’t want to spend the $$ and doesn’t want her to go into debt when her tuition is already covered for instate schools.

Are Ivys really worth it? And would you send your kid as an athletic recruit if you and they would have to borrow money?

Universal law of college admissions - If your kid gets into an Ivy, wants to go there, *and* you can afford it, send them. You'd be a fool not to.

If academics become too challenging or if her sport won't allow her to do what she wants to do academically, just drop the sport after the first semester.

[Anonymous]

I think it really depends on the kid. Is your kid intellectual? If so, I’d spring for the Ivy because she will be happier with the social peer group and less bored with classes. But if not, she might be happier with the in state school. Just because she can get into the Ivy because of the sport doesn’t mean it will be a good fit for her. If she feels out of place with the peer group or in the classes, she might be miserable.

[Anonymous]

Anonymous wrote:I think it really depends on the kid. Is your kid intellectual? If so, I’d spring for the Ivy because she will be happier with the social peer group and less bored with classes. But if not, she might be happier with the in state school. Just because she can get into the Ivy because of the sport doesn’t mean it will be a good fit for her. If she feels out of place with the peer group or in the classes, she might be miserable.

Yes, she’s intellectual and smart but likely wouldn’t be able able to get into Ivy without being recruited. She’s not Uber smart and other than excelling at her sport, doesn’t have any other ‘hooks or standouts’.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think it really depends on the kid. Is your kid intellectual? If so, I’d spring for the Ivy because she will be happier with the social peer group and less bored with classes. But if not, she might be happier with the in state school. Just because she can get into the Ivy because of the sport doesn’t mean it will be a good fit for her. If she feels out of place with the peer group or in the classes, she might be miserable.

Yes, she’s intellectual and smart but likely wouldn’t be able able to get into Ivy without being recruited. She’s not Uber smart and other than excelling at her sport, doesn’t have any other ‘hooks or standouts’.

Damn what sport?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP, has your DD looked at top 20 non-Ivy schools? I know kids who have received significant scholarships to play their sport at Rice, Vanderbilt, and Georgetown. Know a couple receiving less money at Northwestern.

Those are all D1 schools, I believe OP said D1 does not appear to be an option. If so, though, yes, there is athletic scholarship potential at all of those schools, plus Stanford.

Ivies are also D1, but unlike other D1 schools, they don’t provide any athletic scholarships. The OP said her DD wasn’t good enough to play for the public universities on her State, but depending on the sport and her academics, she might be at a level where she could play at a non-Ivy D1 in the top 25 or so.

Good advise but the top non-Ivys only give athletic scholarships to the very top recruits and while she could make the team she likely wouldn’t be getting any $$$. If you are paying for out of state tuition it’s not that much more to just suck up the extra cost and go Ivy.