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College and University Discussion
Reply to "college admissions process so far, financial aid disappointment"
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[quote=Anonymous][quote=Anonymous]My daughter had to turn down her first choice because of cost. We had warned her at the time that it wasn’t in the budget, but she said she just wanted to see if she could get in. HA HA. She was salty about it for a little while, until she found her people at the school she ultimately attended. And then after graduation, when she was living in NYC, she told me how much harder it would have been to live there in an entry-level salary with student loan debt and how grateful she was that we didn’t let her take any loans.[/quote] An 18 yr old cannot fathom or understand what it means to have student loans, or spend $300K on undergrad from not a T10. I'm struggling with this with my 18 yr old who has chosen to go oos. It will be about $300K, but they will use some of their inheritance to pay for it. They got lots of merit aid from lesser ranked schools, but they still want the oos flagship. Granted, this oos is much more highly ranked than the next best option, but I just cannot stomach leaving all that merit money on the table. I've tried to talk them out of it for several weeks, but they won't budge. I suppose I can put my foot down, but if they are willing to use their inheritance money on this, then that's on them. I have explained to them as detailed and clearly as I can why spending their inheritance on this oos isn't the best option.[/quote]
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