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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous]People need to vote with their feet. We are quite wealthy, but our son goes to UVA because the similar private alternatives are simply a waste of money. The middle class has been sold a giant scam - don't capitulate.[/quote] But if your kid hadn't gotten into UVA, where would he be? people pick UVA in-state because it's a highly ranked/highly regarded school. It's a no brainer, if your kid likes UVA and gets in, that you save $$ and attend. But lets say you live in Iowa---are you choosing U of Iowa or ISU over anything else? Perhaps, but if you have the money you are likely letting your kid pick another place. Same for Illinois---sure if you get into UIUC for your major great---but if you don't get into engineering or CS, you are heading OOS because there are not any other great in state choices. Our kid got into our flagship state (ranked in Top 50, well known for engineering) and got into the engineering program, but our kid didn't want to attend college with 25K+ undergrads or be only 45 mins from home. They also got into a T30 and a T45---both cost $85K...T30 is full pay, T45 had merit of $42K/year. Guess what, we let them pick the T30 because it truly is the better school for them---much better fit. Had money been an issue, they'd be at the one with $42K merit. But for us (we are rich and money is fully saved in 529), our kid's 2nd choice after their ED was the T30 for many reasons---mostly because major is great and the entire school and what it offers (unique core curriculum) is perfect for them. After 2 years there, turns out it is the best fit and they are thriving. [/quote]
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