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College and University Discussion
Reply to "Paying for a second or third tier college"
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[quote=Anonymous]I was clear to my kids early on my feelings about this. Top schools, I'll pay. Schools that rank 50 and below, maybe even 40 and below, you'll get some merit. But there's a very narrow band of schools that I won't be willing to pay full price for. Full pay for a school ranked 35 just makes me feel like I've been had. Boston College is a school that felt like a prime example. We even toured - I was willing to wrong - and nope. Not paying that. Also, if you get merit, you have that money in the 529 to use later. I honestly think telling your kids you'll pay 95k for only some schools is a perfectly fine thing to say. But be open. [/quote]
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