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College and University Discussion
Reply to "LACs will avoid endowment tax"
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[quote=Anonymous]It was a big deal to my family. We chose a WASP school because of the financial aid. DS could have gone to our public flagship on a scholarship for a little less overall money. But the flagship, while a great option, is usually ranked between 150 and 200, and the WASP school seemed to have a lot of "value added." When Congress passed the original version of the bill, it certainly created a bit of anxiety. Were we going to have to dip into my retirement plan? If we couldn't afford the WASP, DS could transfer to the public flagship but would have lost the opportunity for the scholarship. In short, these things matter. Side note: I feel bad for Dartmouth, which has a large endowment for its ~4,500 students and, in my mind, is more LAC than university.[/quote]
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