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Reply to "Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm realizing that the top 50 or so schools are all about $80K+ and none of them offer merit aid, outside of maybe CWRU. The rest have 20-50 full-ride scholarships for their most elite students but that's pretty much it for merit aid. Then of course there is UVA and W&M which are instate. And UMD which is ranked just above 50. We've in DC so none of these in-states are particularly relevant. So all this constant chatter about this or that top50 school----are you all paying the $80K/+year sticker price(s)? College is around the corner for us and I'm realizing that yes indeed, they're all about that much. Guess I knew that in theory but it's another thing entirely to think "huh, they're asking $360K for undergrad. Are we really going to pay it?" Sobering. Are people really paying it? [/quote] Not us. We are not willing to pay that for undergrad. Our kids know this and have known this since 1st grade. We say it often. We will pay $50 COA max. [/quote] If your kid has the "resume" for a T20-50, they can very likely find several excellent schools in the 50-100 range for under that price. My own 26ACT/3.5UW attended on in the 80s for only $40K/year, and had 2nd similar choice for also $40K/year. And we were not even searching for merit--had we been we could have gone in the 100-130 range and gone for much less. [/quote]
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