Reply to If money was no object, what would you do?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We had this exact issue because my daughter would have loved Vassar but they don’t give any merit aid. Would the name value of a school like Vassar (or other schools that don’t give merit aid like Tufts or Wash U) be worth the extra money over a “lesser” school she’d like?

My DD almost had the stats to try for “top” schools but we couldn’t afford them so we tried our best not to let her fall in love with any of them. I felt really guilty. [/quote]

This was our exact situation! Kid focused her energy on Pitt and PSU (in-state) and then LACs offering merit scholarships. She also applied to some other LACs that don't offer merit aid like Vassar and Carleton (just to see) but didn't apply to many top schools or Ivies since our budget was tighter and she didn't want to get her hopes up. Between the LACs she was admitted to, she didn't really see much of a significant difference between Vassar (and even Carleton) and places like Kenyon and Bryn Mawr that was worth an extra 30k a year. She ended up at Oberlin and is really enjoying it so far. [/quote]

That’s great and makes sense! Oberlin has good name recognition though. I’ve been surprised to find that I get tired of hearing from people “I’ve never heard of that!” when I mention schools my daughter is applying to. I know it shouldn’t matter….[/quote]

I grew up an hour from Wake Forest, which I ultimately attended. And had people I grew up with look puzzled and say “Lake Forest?  Isn’t that somewhere cold?” When I told them where I was applying. Which is puzzling since Wake is ACC school and plays Duke and UNC.  So???  If nothing else, they had spent countless weekends watching Wake play sports.  I also applied to Davidson, and again, no one had ever heard of it even though it was also an hour away. And yet, everyone I knew who attended did amazing things with their lives.

I guess it’s nice to have people look impressed at your car magnet. But, not nearly as nice as talking to a health, happy 20 year old on a good life path that excites them— and might even make them financially self sufficient. I’d be careful about letting everyone who attends your cocktail party weigh in on your kid’s college decision. [/quote]

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