Reply to panicking about cost and distance

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[quote=Anonymous][quote=Anonymous]This is an opportunity for your daughter to be a grownup.  Sit down with her with all the offer letters and net cost calculators and calculate the cost of the school over 4 (or 5, sigh) years.  Calculate the travel costs for each year.  You could have saved yourself some grief if you had given her a sense of your budget, and told her she could apply anywhere but attending would be contingent on budget-but now is the time for that convo.

If the most expensive school is out of reach for you, you should say so.  If the most expensive school would just be a stretch, it's totally appropriate for you to require her to take out a loan to offset some of the cost of attendance, and to let her know that there are trade offs: maybe if she attended one of the less expensive schools you could help her with extras and she could do things like go on spring break, get more allowance, join a sorority (shudder), but if she attends the most expensive school those extras just won't be possible.

In my experience, high school students are pretty practical when they see the finances.[/quote]

+1 to all of this.  Great advice, great post.[/quote]

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