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College and University Discussion
Reply to "When the reality of college cost hits. Cannot do dream school."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't believe you[/quote] This is an odd post.[/quote] Under the circumstances OP has described, I don't believe an Ivy would require the parents to pay 75k. I just don't. [/quote] That is exactly what Ivies (excluding Princeton) ask of families such as described. We were in the same position last year with slightly higher income and the schools asked for between $63k and $72k. It’s obscene how bad the financial aid is at the Ivy league level. [/quote] Not to be a turd by why do the schools "owe" you aid? Going to an Ivy is a privilege, not a right. If you can't make it work, I'm sorry. Lots of other great schools out there that might be cheaper. And sorry if people have multiple kids. Should have thought about that before having more kids (I feel a bit worse for those with twins). I knew what I wanted to be able to pay for for my kids and that having more than two kids would prohibit that, so we stopped at two. Three would have been nice but the sacrifices weren't worth it. Plus the fact that you get more aid if you have two kids in college at the same time but less if kids are further apart? That makes no sense.[/quote] Because we as a country still like to believe in the myth of meritocracy, that elite college slots goes to those who earned it on merit, and that college is the gateway to upward social mobility. And these elite institutions with more money than entire countries pay virtually no taxes on the assumption that they're doing a public good and serving society. And it's very fair to question the outrageous cost of higher education. It's like this nowhere else in the world. Even UVA in-state is over $40,000 per year. That is not accessible or affordable to the vast majority of Virginians. An undergrad can't borrow enough to cover even a quarter of that. [/quote]
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