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College and University Discussion
Reply to "Duke vs. UVA (In-State)?"
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[quote=Anonymous][quote=Anonymous]My brother and I grew up in Virginia. We had the same amount of college savings. Mine covered four years of undergrad at UVA. His covered two years at Duke (this was 20+ years ago - disparity could be higher now). He had student loans. I did not. We both went to grad school - he went full-time for two years and added to student loans. I went part time while I worked full time, and also finished in two years. Again I [b]had no debt. [/b] We have both been equally successful and earn solid living in our respective fields. We both had very positive college experiences and got a very good higher education. He would choose the same again but so would I and it’s been refreshing to live a debt-free life. Aside from the college savings by our parents, we were not wealthy FYI. Solid middle class. [b]I would choose UVA in state every time unless there is some compelling reason to choose Duke[/b] (specific academic program, sports recruitment etc).[/quote] I have to agree. We sent both children instate. Both graduated with no debt except the $5,000 unsubsidized loans (I think they should have some skin in the game). No fancy cars. No fancy apartments. One is now working in her field full time. The other is at UVA applying to grad schools ($$$). Based upon his friends' performance, the UVA students are doing very well getting into the grad programs of their choosing. Since we banked the difference (between in-state and private) and because the stock market has done so well, we can pay for grad programs for both children without them incurring massive amounts of debt. This is critical inasmuch as law schools like Duke are now over $103 a year x 3 years.[/quote]
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