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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Having been through this process, and saved quite a bit towards college, we still chose public school as do many people in our financial situation. [b] The biggest problem with the belief that "donut reality" means being shut out, is letting rich people convince you that expensive is better.[/b] Despite what US news claims, in reality, a kid can have the fabulous life and a quality education and not deplete their parents of every cent they saved, plus take on debt and undue stress, for an undergrad degree. [/quote] And they should stop reading this forum and the private school forum immediately :lol: :lol: . So many prestige strivers. We had kids get into top 10 schools, but with no aid and enough in 529 to fully cover in-state tuition. They chose the in-state option. Frankly, the tables are turning. More and more high stat UMC families are no longer paying for private/ivies. The top in-state schools are getting stronger and stronger as a result. [b]Add in the fact that many top employers have stated that they would rather have a top state college kid than many of the Ivies and you really are going to see a shift. [/b] The high cost of tuition has reached a tipping point. It seems $85-90k is it. It will be six-figures a year for privates by the time a Freshmen makes it to Senior year. Now you only have the poor and the uber rich at Ivies which is an awful dynamic, but mirrors the US.[/quote] Plenty of people keep making this statement...please, list the "top" employers. Even the alums of Ivy schools such as Bill Ackman (Harvard), Marc Rowan (Penn) et al that are upset with their alma maters, have not stopped hiring the grads (that are not part of any "extreme" student organizations).[/quote]
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