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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid is in 7th grade, so admittedly I'm thinking ahead here, trying to get a sense of what the financial picture will be for college in 5 years.

We have a HHI of about $130k and hope to have about $200k saved for college by the time she heads off. Beyond that, we have enough investments so that I don't think we will be eligible for any need-based aid. I'm expecting to be able to cover in-state tuition (MD), but I'm wondering if SLACs like Oberlin, Haverford, Swarthmore offer any merit aid -- or maybe they don't have to because there are so many smart kids who are willing and able to pay full price? [/quote]

7th grade and you're talking about merit aid at the top liberal arts colleges in the country???  I've seen everything.  Parents in this area are certifiably nuts.[/quote]

Op here. I'm trying to understand the financial landscape for folks in our shoes. I have no idea if my kid could get into these schools or be eligible for merit aid, but as I said, we're not likely to qualify for need bases aid and she's no athlete, so that's where things stand. I'd rather ask the questions early than deal with painful sticker shock later on.[/quote]

Not only should you prepare for sticker shock, you should also prepare for admissions shock.  A 7th grade parent talking about Swarthmore!  Hahahahahahahaha[/quote]

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