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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a niece who is attending an instate public and is taking out loans for the entire tuition. Her sister is now applying to colleges which include a few [b][u]ivies[/u][/b]. She is willing to to [b][u]take out loans to fund the entire $280,000[/u][/b]. This seems crazy to me. Do kids really do this?[/quote]

Not at Ivies or comparable schools at the top end.  They freely provide F.A. and several (most notably Princeton) won't even agree to process an undergraduate student loan application.  There is no need, ever, for any Ivy undergrad who plans well to ever take out one dime in student loans, period.    [/quote]

That's BS.  There are a huge number of families that do not qualify for financial aid and can't come up with the full amount of money the Ivies think they can.  The solution is to not go there.  If you can get into Princeton, you can probably get merit aid from a host of really good schools.[/quote]

Two of our kids were accepted at Ivies, VT, and UVA.  After financial aid, the cheapest option for each was the Ivy.  Surprising to us because VT and UVA are bargains for in-state kids.[/quote]
These "data points" are useless without specifying your HHI.[/quote]

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