Reply to Do many people pick publics because of money?

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[quote=Anonymous][quote=Anonymous]You realize that both UVA and WM are both so good that people from out of state want to attend them also, right? It’s not like it’s a huge compromise for top students to go there. The lower in-state tuition might be a necessity for some families, a bonus for some, and completely inconsequential for others. [/quote]

This. I would pick a public, in-state university for my kid any day over private. VA has a handful of excellent schools at reasonable rates. I went to a flagship state school and do well as an attorney. I did have law school loans and have since learned what a burden that can be at the beginning of one's career. I'd like to avoid that for my kids. Being debt-free allows you to take more risks or pursue opportunities which would otherwise not be available to those who shoulder hefty monthly student loan payments. I see no reason to pursue that option.

Plus, paying nearly $100K for a year of undergrad is just insanity. For someone in finance, I'm surprised that you consider that a good deal. [/quote]

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