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College and University Discussion
Reply to "Question about financial aid at Ivies"
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[quote=Anonymous][quote=Anonymous][quote]Big difference between private HS (35k on the high end for the DMV area) & Ivy (60k a year).[/quote] Well yeah, but you would imagine that there would be at least some savings to tap into. And is [i]some[/i] student loan debt the end of the world? I understand that going 200K into debt is really horrible for a young person to be saddled with, but I'm not sure that ~20K or less at a low interest rate is so untenable for a young person (obviously 25K x 4 is 100K, but presuming there might be savings in the picture).[/quote] Plus, if you've been paying $35k a year for 12 years what is it about year 13 that suddenly makes it unaffordable? [/quote]
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