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College and University Discussion
Reply to "s/o If you didn't attend or apply to a top college because of the cost..."
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[quote=Anonymous]I'm upper 40s. I wasn't actually allowed to apply to the fancy schools I lusted over because paying for them would have used up the limited college support saved both for me and for my younger siblings. We all ultimately gained big scholarships (merit, not need) at slightly less fancy schools that taught us extremely well, and all of my graduate work was completed on fellowship based on the great background I had from undergrad. My parents used what was left of that much-debated college fund to pay for my wedding. My parents were totally right. But it should also be noted that my parents were totally right in a very different economic environment. Merit aid now is not what it used to be, some fancy schools claim/try to meet all of EFC in certain income brackets, and the sticker price of any traditional college education has outpaced inflation at a dizzying rate. The calculations and planning are much more complicated and challenging than they were when I went to college.[/quote]
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