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College and University Discussion
Reply to "UVM with free tuition or UVA and pay tuition?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Some friends of mine (from NY) have a child who was offered essentially a free ride at Lehigh to study chemistry. The child was accepted at Dartmouth, as well, and wanted to go there instead, no aid, or very little compared to Lehigh. So now she's at Sartmouth and the parents are mortgaging their house. Take the money, kids.[/quote] Gonna have to disagree with you there. An Ivy versus a second tier school. That's nice of the parents to do. [/quote] +1 They probably just used the mortgage because there are great rates right now and they get a mortgage deduction on taxes. I would do the same for my kids. [/quote] Maybe they did a cash out refinancing? No big deal for those with good equity. [/quote]
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