Reply to Should I just tell DS what we have in his college fund?

Forum Index » College and University Discussion

Reply to "Should I just tell DS what we have in his college fund?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]DS is a Junior with great stats - he talks of going to schools like UNC, Wake Forest, Case Western (sort of mid-sized schools), where the tuition is $50K plus R&B.  We live in Maryland and I'm confident he will be accepted to UMD CP.  Quite simply, by the time college rolls around, I'll have somewhere between $275-300K saved for college, to be split between him and his younger sibling.  If he chooses to go to UNC, Wake, etc., it will require some merit aid or loans, and he'll still definitely blow through his share of the funds, with nothing left over for grad school, if he chooses to pursue it.  If he goes to UMD CP, he'll likely have $50K or so leftover for graduate school or whatever.  DS's main gripe with UMD is that it's too large, and too much of a rah-rah football/basketball school, which is not his thing.  I don't want to force him there, but think it's the best move and it's diverse enough that he'll find his smaller tribe.  He has many friends with more well-off families that are willing to pay full freight to wherever, so he is a little bummed that we aren't that flush with cash.

Anyway, the question is, whether I should just tell DS what's available, and the consequences of his decision, and let him decide?  It may mean that he doesn't go to his dream school, which makes me sad because he's worked so hard, but this is also life and for him to understand that we can't always get what we want.

Thanks for listening.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics