Reply to Tulane or Regional SLAC with Merit Aid?

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[quote=Anonymous]Ugh. Personally we went full pay for the right school for our kid, despite the prospect of saving a similar amount thanks to a merit package at a lower tier school. But in your case, it seems less clear-cut. Some of it may come down to how much your kid cares and how much of a stretch the extra cost would be for your family.

PSA: if you share the name of the other school you'll get a lot more definitive opinions. They may not be correct opinions, but they will be vehement in either or both directions.

Another PSA: I know everyone on DCUM & College Confidential insists you should save your $$ for grad school rather than pay big bucks for undergrad. I think there may be cases where that's true - someone eyeing med school for example. But most kids don't go straight to grad school after undergrad, and some types of grad school programs aren't worth attending if you have to pay. There's a lot of middle ground there, but as someone who had help with undergrad but not with grad school, tuition can be a helpful way of focusing a young adult on the real cost-benefit calculation of their career and life choices. In other words, don't save your money just to pay for some random possible future grad school - if it's a worthwhile career investment, your kid will figure that out.[/quote]

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