Reply to How hard is it to get to Ivy Law School from State Flagship?

Forum Index » College and University Discussion

Reply to "How hard is it to get to Ivy Law School from State Flagship?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Is it harder to get into an Ivy Law School from a State flagship than from another Ivy or private that's one tier down?

[b]We're not made of money and could pay for either all of a State flagship or maybe half of an expensive private for undergrad, with DD taking on loans for the rest.[/b] DD's targets for undergrad would be along the lines of University Florida (or similar State flagship) or Tufts (or similar private). Of course Ivies would be a reach.

DD wants to be a lawyer and go into biglaw or other high earning type of law. She wants to go to an Ivy for law school if possible. We're looking at the ROI for undergrad schools and trying to figure out where she has the best opportunities. Thank you for any insights.[/quote]

OP, this is a problem.You need to read more to figure out how you are going to pay the half because it will fall to you, not her, to finance this. Have you run the NPC for those schools in the 90k range? what did it say.  Most families with a HHI of over $205k will ne told by FAFSA that it will be expected that you cover 100% of your child's education Your child's only option is the federal unsubsidized loans which is only $5500 the first year with small incremental increases each year for a grand total of around $23,000 for all four years.

Your child will have a hard time finding private loans because she has no collateral. If you find one you will have to co-sign. After 3 kids going thru college and never getting any financial aid or merit, we had to refinance our  home to finish the last one. You don't want to do this.

You need to figure this out long before you talk about Ivy law schools, most of which do not offer merit aid and like Harvard run $115k a year.

There are many books on this. Consult a financial advisor or CPA (ours knew nothing). look into Parent Plus loans. Run those NPCs. Ask grandparents for help. Look at in-state schools. Talk to your high school counselor. Consider hiring a private counselor. This will affect the list of schools to which your daughter will apply because it sounds like your DD will need to go in-state or chase merit[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics