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College and University Discussion
Reply to "The New America: Elite Privates forever out of reach for UMC?"
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[quote=Anonymous]“Can afford” is subjective, and what a financial aid office thinks may be different than what a family thinks. At elites - the subject of this thread - the financial aid is more generous than anywhere else by far. One fortunate thing is that any family with an elite-worthy kid can get merit aid at a lot of excellent schools if they decide they do not want to be full pay. A second fortunate thing is that any family who does not qualify for financial aid at an elite certainly can afford many colleges with merit aid, which may include in-state options making the top line costs less to begin with. Any family with those three options: Pay for an Ivy, get merit aid elsewhere, pay less at your in-state school - is a very lucky family indeed.[/quote]
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