Reply to two kids in college - what is prestige worth?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
First, it's a bit laughable to make assumptions on where the second child will end up.

Second, if you can afford it, go with what makes the most sense for the desired major. Often it's the better-known schools, but occasionally it's not.

Third, and this is where you get into the weeds - what exactly does it mean to you, to afford it? What do you plan to put towards retirement, nursing homes and health issues later in life, not to mention leisure and travel? [/quote]

No need to laugh.  I'm making zero assumptions about where second kid will end up -- other than another 4 year private college. The only reason I specified having two at Georgetown is that some schools are more generous if second is also at same school.  But, per Georgetown, even if second is there, they don't care. If second goes to a 4 year public, 2 year public, military academy or skips college altogether .. prices will be cheaper.  But I need to make some assumptions about attending college. [/quote]

Why are you assuming a private college? I’d rather send my kid to Georgia Tech than Grinnell by a long shot. And nothing to do with money. [/quote]

Because that's what colleges ask to calculate FA award. [/quote]

Also, OOS public colleges can cost as much as private schools.[/quote]

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