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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We don’t qualify for need-based aid. Here’s how it shook out for us, including merit aid: Regional in-state: 15k Flagship in-state: 30k Flagship out-of-state public: $48k Higher-ranked private: $72k We went with the third option. My guess is that employers will begin to take private school grads with a grain of salt: they may be very bright, or they may just be very rich. [/quote] You can be rich and very bright at same time. Rich kids do not just "get admission" to an elite private because they are rich (except for someone ala Bush or Clinton or parent is Hollywood star). Those kids are also very smart, they just happen to have rich parents or parents who have saved for $90K/year college. I'd argue it doesn't make sense to do option 3, unless your state flagship is not very good. UVA/VAtech and UMD are all great schools and I cannot see paying extra to go anywhere else if my kid gets in [/quote] “Good” is measured in relation to what the kid wants to study. Some out of state flagships are better at specific degrees than UMD.[/quote] That is a given. However, overall UMD is a very good school. If you don't have the money for spending more, then you go to UMD and get your degree that you can afford. Or you choose to take the loans and have debt, but don't complain that you are in debt for student loans---you made a choice. No school is worth massive debt, no school [/quote]
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