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College and University Discussion
Reply to "10 ranks higher or $100K?"
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[quote=Anonymous]Really depends upon your individual student and family. Is that 100K+ a "drop in the bucket"? Does the kid plan to attend graduate school and/or Professional grad school and do you have the ability to fund that easily? For 98%+, the answer is attend the school with merit. However, we have a kid who is at the school ranked "10 higher" and full pay and turned dow $42K/year merit award ($168K/4 years of undergrad). Why? Because it had nothing to do with "rank" and everything to do with that school being a much better fit for my kid. It was the school where anytime we visited, I just got the feel "this is the school they will end up at and want". The $$ is in the 529, we can fund graduate school, and it's a blip in our financial situation. But my kids knows most kids would have taken the $$$$$ and gone to the school with merit [/quote]
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