Reply to How does most of America pay for these elite schools?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Unless my DC gets a large merit scholarship and can give us a good reason, we won't consider sending him to some teeny tiny liberal arts school that no one's heard of outside of the two or three states.

Some of these schools will be nearly six figures by the time DC graduates from HS-- it's ridiculous. [/quote]
Not sure why you get a veto if kid gets a large merit scholarship and doesn't need your help. [/quote]

There is pretty much no scenario that doesn’t involve parents’ help.[/quote]
I always forget what weird rich people lives everyone on this board leads. Many kids live on their own and don't receive financial help from their parents all through college. It's not that rare. [/quote]

pp here- yes, even with a large merit scholarship it would still likely cost more to send DC out of state and/or an expensive private college. Maybe many kids live on their own and are full time students without parents' help.I'm trying to imagine the scenarios-- non-traditional student with a full time job, someone who worked/saved then went back to school, full ride scholarship with all expenses paid, community college, a kid who successfully emancipated from his/her parents (combo financial aid and merit). None of these really encompass a traditional college experience with a high achiever at a four year college who is not an elite athlete or financially independent.

We have a 529 that would enable DC to pay for most/all of many schools, but it doesn't give him an equal vote on where to go to college, since we're the account holders and expect to see it used responsibly. [/quote]

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