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College and University Discussion
Reply to "How does most of America pay for these elite schools?"
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[quote=Anonymous][quote=Anonymous]In my extended family: - In one family, two high-income married parents paid for two kids to go to college - In another family, divorced parents of a high one-income family and dad paid for college - In another family, grandma left some money in her will (the remains of grandpa's life insurance policy) that will be used for college plus parents will fund balance. Both parents work and have high incomes. - In another family, kid went to 1 year out-of state private and returned to local college because they ran out of money. Finished at the state school on a prepaid plan. - In another case, one-parent low income and kid had almost full ride. Other kid had full tuition. Other kid pulled it together with loans, work, savings, money from both grandparents. The rest of the kids in my extended family attended public colleges. [/quote] Oh wait - - One other family, low-income, kid had full academic scholarship. This wasn't one of the top schools but a very good private. I know kid had work-study. Kid was valedictorian of class and attended a school in the 60-90 range that gave merit. [/quote]
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