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College and University Discussion
Reply to "Spin off Donut family post"
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[quote=Anonymous]Let's say you are full pay, have a HHI in the 300s, have 250K in your child's 529, and your child does not have specific pre-professional goals- what do you weigh, and what guidance do you give, in determining whether your kid should choose a top school vs in state / lower ranked school with merit? I grew up in that boat - we were full pay but not made of money- and I ended up at UVA oos - mostly because it was not as $$ as Wake Forest (my other top pick), but otherwise similar enough. I'm still getting a feel for the changed landscape, since my oldest child is only in 9th grade. For example, adjusted for inflation, my 14,800 UVA tuition would be 26,000 today. Even Wake's tuition would only be 38,000. However, oos tuition at UVA is now 55,900. I feel like that changes the calculus a lot from when I was in high school (not to mention the more-competitive and less numbes-based seeming admissions landscape). [/quote]
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