Reply to Does it benefit a doctor's child who's destined to become an MD to pay $$$ for Hopkins or Wash U?

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Reply to "Does it benefit a doctor's child who's destined to become an MD to pay $$$ for Hopkins or Wash U?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In-laws, wife works part-time, husband is an MD. A super genuine and good family. They are upper middle class but I don't know if they're "rich." He's a first generation MD.[/quote]

The analysis is wrong.  If they are middle class - they are not paying $75K for Wash U.

Per US News:  "The average need-based scholarship or grant awarded to first-year students at Washington University in St. Louis was $54,138."
Wash U is skewed wealthy - so if they really are upper middle class, I would expect that student would receive somewhere in the $50K package of aid.  
I am not dismissing the estimated $25K for Wash U vs free.  But the cost of $100K (and I assume they have saved something for college) vs $300K is materially different[/quote]

Pretty sure "average aid" is spin. It's the average award to the average [b]financial aid kid[/b]. [u]Not[/u] every student, period, every financial aid student. A 50 y/o MD and a wife who works part-time are not qualifying for financial aid.[/quote]

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