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College and University Discussion
Reply to "Do many people pick publics because of money?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We chose private because after merit aid, it was the cheapest option. If public had been the cheapest, we would have sent our kids to public. It was ALL about the $$.[/quote] good for you but most parents reading this will not receive merit offers. You are not gping to get merit frim the top schools. You must drop down in the rankings to get merit.[/quote] We didn't care about a "top" school. We were happy for a run of the mill private where our kids could attend for cheap. We couldn't afford more and weren't going to do loans. Again, for us, price was the top factor. Same reason why we bought a house for half the mortgage we qualified for, why we drive a 15 year old car and why we don't do a lot of vacations. The OP seemed to look down on publics cause they are less expensive. I was making the point that many private schools are even less expensive than publics after merit. The reality is that MOST people attend the school they can afford and there's nothing wrong with that.[/quote] But you didn't admit up front that you had to settle for a second or third tier private in order to do this. It's important for parents reading this to understand that if you are chasing merit, you aren't going to be applying to T20. We had the same decision but weren't willing to compromise on the reputation of the school. Our kid was exceptionally high stats and going for Ivies and UVA. Because of his test scores he was offered, unsolicited, free rides but by SLACs you've never heard of. The schools he had applied to didn't offer any merit (no surprise) and our FAFSA gave us zero financial aid. That's simply the current system we are working within.[/quote]
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