Reply to How much to save for college - child is in 10th grade

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[quote=Anonymous][quote=Anonymous][quote]“Well, there is the answer. It isn’t so much that colleges in the US are expensive, so much as they are carefully designed to extract the maximum possible wealth from American parents, playing on their fears of downward mobility.” [/quote]
Indeed! ^
But I know I'm falling into that trap. NP here. [b]It's hard for me to come to grips with the idea that my kid won't be able to go to a school that costs as much as the private college I went to [/b]... even though we have higher incomes than my parents did and we've saved since before my HS freshman was born. I definitely feel sticker shock as I realize that [b]the $150k I've saved is only two years of college. Do people actually pay that much? [/b]
There must be other options for people who want a bright honors (but not straight A) student to have small class sizes and a school that emphasizes learning. I can't imagine paying $75k/year but do you have to be a perfect student athlete with some unique talent to get merit aid at, say, a top-50 college? I would love to have some names of colleges that offer at least some kind of break for smart kids who aren't perfect, or colleges whose regular tuition rates are less expensive than you'd expect despite very high academic expectations and small classes.[/quote]

You need to adjust your expectations and get comfortable with a non-brand-name school.

Many of us who went to elite schools do not pay that much.  Our kids go to in-state public, or to private schools with merit aid.

Happy to share names of colleges if you provide your kid's stats (approximate) and whether you want a large state school, a LAC, or something in between.[/quote]

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