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College and University Discussion
Reply to "Ivy worth full pay? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My DS got accepted to one of the Ivies—think Princeton, Yale, or Harvard—but we would have had to pay the full cost, around $100K per year. He also got accepted to University of Florida with a full ride (tuition plus room and board). We told him that he could attend UF and have $400K+ (depending on investment growth) waiting for him at graduation, or he could attend the Ivy. Seven years earlier, one of his older brothers had been in the exact same situation and chose to attend an Ivy League school, which he later regretted. His $300K could have grown into several million dollars. We’re not wealthy, so while money isn’t everything, it’s important to be able to live a stress-free life. My older DS advised his younger brother to take the $400K and attend UF, and he did. He’ll be a freshman at UF in a few months. YMMV.[/quote] let's see what he thinks of his decision later. i was full pay at HYP. no regrets! [/quote] PP here. Did you fully read what I wrote before commenting? DS older brother paid full tuition at HYP and regretted the decision.[/quote] Yes I read it. Did you miss that I am a HYP grad with a lot more career years behind me than your son, and I disagree with him? I would never advise anyone to go to U Florida over an Ivy unless the Ivy was truly unaffordable. [/quote] I'm an Ivy graduate (double) and knew several people back in my day 30 years ago who turned down Ivies for much cheaper schools and all have done extremely well. I also know plenty who went to the Ivies and have done no better than had they gone to their flagships, ending up in nice UMC lives but not elite. And I also know people who went to Ivies who effectively failed to take off in life. There's more than you'd think. The percent of Ivy, even HYP, grads who go on to elite outcomes is small, a minority of all HYP graduates. UF is a pretty good state university. At one time I'd have agreed HYP and the other Ivies would offer better overall educational experience, but that's much more subjective these days, it is probably much easier to graduate from HYP with a mediocre to useless education nowadays. A bright kid can absolutely get a great education at a big flagship. [/quote] But we aren’t talking about Cornell or Columbia. I attended a T10 college and T5 Ivy law school. The names alone have opened many doors for me. I did not attend Harvard but my spouse did. Take a look at the red books, you significantly underestimate the number of graduates with elite outcomes. Florida has an ok reputation but because it provides free tuition to so many, is significantly underresourced and heavily relies on online classes. There are other schools that offer a high quality education beyond the elite universities. Florida just isn’t one of them. [/quote] There are studies that show the majority of CEOs went to regular state universities.[/quote] So what? There are literally millions more graduates of state universities. Now do presidents and Supreme Court justices.[/quote] The odds of becoming a supreme court justice, even from an ivy, are laughable. That is not the argument you think it is.[/quote]
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