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College and University Discussion
Reply to "What is a "donut hole family"?"
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[quote=Anonymous]We’re in that donut hole, mostly because we have three kids. But one went to UMD, one went to OOS flagship on merit scholarship (and will graduate early with APs), and one is still in high school. All three want careers where they have to go to grad school so it didn’t make sense for us to go overboard with loans etc. for undergrad. Plus I’m still paying off my own student loan (but it will be paid off this summer)! But the UMD kid just got into a bunch of top notch grad programs, including an Ivy. So I don’t think we really needed to pay all that extra money for a Carnegie Mellon undergrad (for example). Maybe it’s worth it if your kid isn’t going to grad school? It wasn’t for us.[/quote]
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