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[quote=Anonymous][quote=Anonymous]We don't have any money saved up for their college. We're an upper middle-class family with a 270k HHI, so they can't get much need-based financial aid. [/quote]

First, keep in mind that aid at Princeton have great need-based aid, even for families with income close to $300K.

Second, you probably spend plenty on kid 1. All if that money (maybe $30k per year?) can go toward college, that plus a guaranteed student loan plus a student job is probably more than enough to pay for UVa. in-state or a school that price matches UVa. in-state.

Third, UVa. and W&M are equivalent to Ivy League schools, and George Mason can provide amazing opportunities for a student equipped to take the opportunities. You don’t have to feel any guilt whatsoever about send your child to those schools.

Fourth, schools a little below the top 10 do have some great merit aid aimed at really great students. If your daughter wants to go out of state, she just has to go compete for merit aid.

Finally, if she can’t get good merit aid, she’s desperate to go away for school, and she’s open to having a really unusual college experience, she could consider English-language bachelor’s programs at KU Leuven in Belgium. Belgium universities are a lot cheaper than UK schools, it’s fairly easy for good students to get into most EU schools, and she’d be sure not to see half of her high school classmates on campus. [/quote]

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