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College and University Discussion
Reply to "Duke vs. UVA (In-State)?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DS from a private VA high school has applied to UVA EA (non-binding) and is applying to Duke RD. Very strong stats and leadership in ECs. (Very likely admit to UVA, and counselor, who knows Duke well, is strongly encouraging application to Duke.) Interested in business or pre-law. Doesn't want to go North. These are the two top choices. Given the dramatic difference in cost of attendance ($78k Duke vs. $35K UVA), is there any good reason to attend Duke over UVA? [b]We will be paying from moderate savings and then out of pocket as we go[/b]. Duke is certainly ranked higher, but the "prestige" factor between the schools in the mid-Atlantic area seems to be minimal. Duke is smaller. Both seem to be pretty "preppy" and greek-oriented. Both seem very sports-focused, which is important to DS. They have similarly ranked business and law programs. I get paying a premium for HYPSM. But, in your opinion or experience, is Duke worth a similar premium? I imagine a number of posters will say, "wait and see if you have the problem first." I get that. But I also might preempt excessive exuberance for Duke by talking about the cost difference with DS now. Anyone else face this one before? [/quote] Whether it is worth the premium is an individual family decision based on your unique financial situation. [/quote] +1. Lot's of facts missing. Will choosing Duke require you to sacrifice any retirement savings? do you have another child who will attend college in the future? is your house already paid off? how many working years do you have before normal retirement? is your income stable or rising? are both parents already working? is your mortgage paid off? do you have other debts? do you have parents who may need financial assistance as they age?[/quote] That the OP is asking whether it's worth the extra money confirms that to the OP money is an issue. And if money is an issue then, no, it's not worth the money.[/quote]
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