Reply to Are the NESCACs worth the money?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I graduated from a NESCAC and have always understood the value proposition. DC graduated a different NESCAC and is at a FAANG earning nearly 200k two years out. Is a NESCAC worth it? I’d say yes if you can afford 85k/year because it’s an investment in your child’s future that’s enduring and will pay dividends over a lifetime. If you can’t afford the investment (and it’s important to understand that’s what it is) then the obvious answer is no, it’s not worth it.[/quote]

I do believe in a small liberal arts education, but for the quality of that education, not to guaranty a $200k salary a year-ish out of college. Someone posted on another thread that their kid is making $200k at a FAANG after dropping out of 2 years at Purdue, but presumably you wouldn’t recommend that. I know you noted the college experience is a “lifetime investment” and I agree. [/quote]

I think the big thing is that, for the right kid, going to the right NESCAC might be a lot of fun, and maybe less intimidating than going to Purdue or Virginia Tech.

No parents who’d struggle financially to send their kids there should feel guilty about saying the aid package is too skimpy and they can’t afford it.

But, if I heard of a high-income, wealthy person who refused to send a great kid to a school like that, just because the parent thought the state flagship was just as good, I’d look down on that parent a little. It seems to me as if the most wonderful luxury is to have a wonderful child and to be able to afford to send the child to a great school that the child likes. W[/quote]

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