Reply to Do many people pick publics because of money?

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[quote=Anonymous][quote=Anonymous]There are belief shifts happening about the value of education, as education has become astronomically expensive. People are starting to take seriously the idea that very good publics basically have the same outcomes. If your kid can get into a top 10 school, MAYBE worth the networks, but after that, research suggests that it's just not. And so a lot of smart people are stepping back and redefining what "best" means. Used to be "best" reputation/prestige. Now it's "best" outcomes. And when you spin it like that, a lot of smart folks are going to choose publics. A lot of people have come to understand that it's fundamentally a waste of hundreds of thousands of dollars to pay for private over public, or private with merit aid (unless your kid has very specific needs or interests).

I would absolutely advise my kid to go to a strong public rather than saddle themselves with years and years of debt to go to a private.

[/quote]

+1 I'd also encourage people who think their elite college degree is the reason for their success to look more closely at their neighbors and the people they work with. You might be surprised at where your peers went to undergrad.

I work at a "brand name" company and in my department we have people who went to regional publics (including me), regional LACs, top public schools, elite LACs. No undergrad Ivies but one who did Ivy grad school. All doing well and working in the same place.

Also this whole discussion presupposes you have kids who are competitive to T15 private schools. Sure, maybe if I had a student like that, I'd be willing to stretch our budget to cover HYP. But more often it's a very expensive private school vs. public school for a good but not amazing student. Then, I don't see how the financial trade-off makes sense unless (maybe) there is something really unique offered at that private school.[/quote]

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