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College and University Discussion
Reply to "Is 20k a year less a reason to choose the cheaper school? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Depends on how that 80k looks in your family budget. [/quote] This 100% There is no "magical right answer". We let our kid turn down $40K merit per year and attend a similar (slightly higher ranked if that matter) but somewhat better fit for our kid (with the intangibles, like ECs and the type of student). Both schools were $85K+/year. So we pay $40K extra each year. However it's a blip on our financial radar, and the money is already in the 529 with plenty more for grad school. If that extra $40K meant debt for our kid or us, then they'd be at the cheaper school [/quote] What is your hhi?[/quote]
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