Reply to To you, what schools are truly worth 90k/year

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[quote=Anonymous][quote=Anonymous]We are fortunate to be in a place where we can afford $90k/year for our kids’ college so the following would not be true if we (or they) had to take out loans.

I’m a big believer that the best way to spend your money is not on “stuff” but on experiences. I’d rather pay $90k/year for my kid to go to the school with the best “fit”- where they are most likely to enjoy and amazing 4-year experience than to pay the same amount based on an ROÍ estimate of how much the marginal cost will lead to marginal income increases down the road.

Using the experience lens, for some kids, Tufts is 100 percent worth it; for another kid, the fit of the school might not make it worthwhile.[/quote]

This.

I happily paid $90k/year for two of my kids to go to Haverford and Brown. They each had an amazing college experiences that made them grow academically, intellectually, and socially.

Is it possible- even likely- that they could have achieved their (excellent) career outcomes had they gone to a less expensive schools? Absolutely. But I am also convinced that they are the people they are today—inquisitive, empathetic, and committed to the social good— in large part because of the experiences at these two schools.  I will also note that my third child had a horrible experience two years at a top 10 school with a similar price tag and transferred out…fit matters.

As the PP said, we have the luxury of being full pay and would likely feel differently if the choice included taking out a mountain of debt…[/quote]

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