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[quote=Anonymous][quote=Anonymous]Four years of ND will cost about $325,000. $40,000 is a 12% discount ---yes, it's better than nothing, but you still need to pay $285,000.[/quote]

This. My kid is applying to WM and SLACs with good merit aid.  Needs to bring the price down to about $45,000 a year— a bit over WM—  for us to make them work.  $10,000 / year would not be life changing for us.  It would be nice to get a $10,000 break at WM, and give my kid a cushion for grad school or a down payment in the future.  It wouldn't more the needle on attending Oberlin— we can’t afford $65,000 a year, and no way my kid takes on undergrad debt when WM without debt is an option.  So not life changing.  It’s only life changing if it gives you different and better options.  A $30,000/year scholarship from some of these schools, OTOH could actually be life changing.

It’s like saying you negotiated the price down $100,000 on a $1.2M house. If you can only afford $750,000, it’s not life changing. [/quote]

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