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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I can’t afford a top school for DD unless I spend my life savings, which I’m not willing to do. 
But I’m sad that she worked hard in high school and can’t apply to anything that will cost more than in state. 
Her friends are applying to ivy schools because they qualify for financial aid and they can afford to go there if they get in. 
DD could likely get into a top 20 school but wouldn’t get merit aid there. 
Just a vent. [/quote]

How did you spend your money OP? We didn't go on fancy international vacations. We watched others do this with some envy but guess what, now they can't afford out of state private colleges and we can. [/quote]

It definately is a choice.  And anyone taking fancy international vacations certainly could have cut back a bit and saved.  If you save early, it doesn't take that much ($100K total can easily turn into 400K by time kid is in junior/senior year)[/quote] please stop making it sound like paying exorbitant tuition is a normal thing to do. There is absolutely no advantage of going to a t20 over t60 if your kid is smart and hardworking.[/quote]

Just pointing out that people do plan and save, even in the "donut Hole". 
It's a choice.

I agree, if that it's 99% what you do while you are there and 1% where you attend.  SO find a school YOU can AFFORD, that is best for your kid and apply.

But also, if someone has been making $250K+ for at least 5+ years, they could have opted to save more.  It's their choice.  But they likely went from $150-250K over several years, and each time you get an increase, you can choose to save it and not "let lifestyle creep happen".  Most people are not disciplined enough to do that.  But if you want your kid to have the option of attending Harvard/T25/$90K schools, that is what you have to do.  
Not saying it's the smart choice.

My own kid (engineering major) got $42K/year at CWRU (T50 school).  Had we not been easily able to pay full pay, they would be at CWRU.  However, they chose a similar school (slightly higher ranked, but very similar) at full pay.  But my kid knows (as their college counselor kept pointing out until I told them to stop with the money aspect) that 99% of kids would be choosing CWRU for the incredible merit offer.  The differences between the schools was not much--more of a fit issue, but my kid would have found their place at CWRU if they attended. 
[/quote] I respect your candid reply and it is obvious that your family made an informed decision. 
I just think that it’s very important to NOT normalize $100k/yr CoA when the job market is changing so fast. A lot of hearts are gonna be broken when kids would have to pivot to a different skill set after having spent a fortune learning something that’s no longer relevant after 4 years.

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