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College and University Discussion
Reply to "Donut hole families who are stretching to pay college tuition … are you worried it will be a waste especially with AI "
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[quote=Anonymous]OP, your DC needs to go to college. The issue is how much can you afford to spend. Don't pay more for a school that you're not even sure if it will result in higher earnings for your kid. We told DC that we would pay for a T10 or else the athletic & merit scholarships needed to be significant. Some of these SLACs cost just as much as an Ivy but they're not worth the financial sacrifice for us. There are D1 and D2 schools that offer a combination of athletic and merit scholarships. Plus your State's schools. I mean this gently, but if your kid isn't at the level of earning a significant athletic scholarship, then you're essentially paying an extra $40-60K per year for your DC to enjoy playing on a team. Some of these expensive D3 schools are for rich kids who are excellent students and good (but not top) athletes. Or for needy kids who receive significant aid. They don't necessarily yield better career outcomes than a good State school. We had to tell DC no to these schools also. [/quote]
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