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[quote=Anonymous]My kid had a similar situation with 3 options and went with the more selective school that was the same cost as the less selective with better "fit" but opted against the expensive dream school.  So essentially the 'middle option.'  The costs between the more selective and the better fit were about the same for us (one was private with considerable merit aid, one was public in-state).  My guess is both would have been fine for him.

What we did was just the usual advantages and disadvantages chart.  For something like cost, I mapped out for him how to think about the numbers.  The dream school would mean he would take on debt, the other he wouldn't--so I took the interest rates at the time, we looked at salary outcomes across the different schools.

For other things, we tried to get concrete on the aspect of "fit" of the other school and put them in the chart.  Then he just sat with it and made a decision. It was a close call and I would have gone with the "better fit" school myself, but it's most important that while you help your kid think through the options, that they make and own the decision.

It worked out--DC is set to graduate this year and loved his college experience.[/quote]

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