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[quote=Anonymous][quote]One friend recently told me that her son has his heart set on a pricey out-of-state engineering program, despite the fact that a fantastic engineering program exists at the public university in our town. “It’s a reach school, but if he gets in he’ll probably go there—and I guess deal with a lot of student loan debt afterward,” she said with a laugh.[/quote] This piece of ridiculousness I hear far too often from friends. I told my kids clearly that I would refuse to pay for any school that is more expensive than our state school if our state school had an equivalent (or even better) program. Taking on debt because you like the out-of-state school's campus and football team better than your in-state school? Nope. There are only a couple of schools/programs that I think the debt would be worth it, and that doesn't include every top 10 school. Save money for undergrad, go to the great school for a grad program.[/quote]
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