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[quote=Anonymous]We are in the process of applying for colleges for DC1.  Some background:  We are immigrants, have lived within our means and continue to do so, have net worth of over $4M and current income over $350K.  We want our kids to have the "best possible" education (we have 2) and can afford to send both to a top tier private but have no basis for determining if we should or not.  It looks like most top schools run about 80K/year.  That's about $320-350K for each kid once you factor in all expenses and by several objective measures, seems to guarantee excellent life outcomes.  On the other hand, I read about public schools with similar outcomes albeit with differences in the college experience.  We would save about $150K by sending DC1 to say a UVA vs a Harvard (neither one is guaranteed, I know but that's not the issue here).

DC1 (4.0 UW/1600 kid) wants to apply ED to a T10 school (T10 based on USNews rankings) which would increase chances of admission based on what we are seeing but it removes the opportunity to compare offers across schools.  Tradeoff of course is the possibility of not being admitted. Wondering how we should frame our thinking so we make the right decision.  I know the decision is ours but looking for factors that we should consider as we decide whether to ED or not.

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