Reply to Amherst College COA $92,816 per year

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I make around 200k, but I have a seven figure trust fund. No way we're paying full pay for these schools - it's not worth it even if we can technically afford it. A kid that can get into Amherst could get generous merit aid from LACs ranked in the thirties, maybe even the twenties. We're looking to spend 60k the first year, then pay the yearly increase. [/quote]

And my kid who went to Amherst beat out the kids from lower ranked LACs for his spot in a coveted PhD program.

Sorry.[/quote]

Poster you're responding to - I don't care in part because I hope my kids don't pursue a PhD. Doesn't make financial sense for most degrees and it can be incredibly stressful for little reward. Even so, a lot of grad schools want diversity of institutions. I went to LAC ranked in the fifties and had a great experience. My friends and former classmates are doing interesting things and were nice people. Not everyone is obsessed with prestige, especially outside the beltway. [/quote]

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