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College and University Discussion
Reply to "Is it really worth it?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DC is a nmsf. #1 in class at academically rigorous private. All the right extracurriculars, internships, national and international awards to be competitive at Ivy and top private schools. We will be paying full freight--absolutely no aid. We can do so, but DH and I are first generation to go to college, do a cost benefit analysis for everything and have spent years supporting family members. We have a 529 plan for DC which would pay for excellent state school in this area but are not the best schools for DC's likely majors--plans to double major. DC has applied to said schools as "likely" admissions. If DC is admitted to Ivy or Ivy-lite is it really worth paying $65000 a year [b]on top of the $250,000 we have already paid for grammar school and high school? [/b]This seems so crazy, and yet, DC has worked hard to get to this spot. What would you do? DC will likely ultimately seek a PhD so there are a lot of years of school ahead. [/quote] Your mistake has already been made. You spent the college money on grammar school and high school! I pray you don't live in a good school district! [/quote] It was not a mistake at all. The best decision we could have ever made for DC and we would do it again in a heartbeat. We are simply gathering information regarding whether another $250,000 for college will be similarly "worth it." [/quote] It's probably MORE worth it than private elementary school! College actually matters and can help you land a job after school. I'd spend money on college before private elementary school. You remind me of my inlaws though. They would say the same thing. They spent at least 500k educating each child. My parents spent $0. I have done just as well, if not better, than my husband. My inlaws think it was worth the money and they are better parents because of it. Yet they can't afford to retire. [/quote] Wow. So defensive. Retirement is not an issue, but thank you for the concern. Most parents try to do what is right for their children and public vs. private is just one of the many decisions we make as parents. Neither is a better choice for everyone only a better choice for a particular child. You sound very angry and resentful. [/quote]
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