Reply to How important are college costs to you, even if you can afford any college?

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[quote=Anonymous][quote=Anonymous]
We are in a weird situation with a lower middle class income but significant family assets in our name - no hope of financial aid, and we’ll have to sell assets to pay for college. We’d rather do that than take out loans.

So while we can “technically” afford a $77K a year SLAC, and having just finished touring them and larger universities, including our more affordable State U, I feel really uncomfortable at the idea of paying enormous prices for 4 years, especially considering my kids will likely want graduate degrees as well (law and vet school, perhaps).

Is a smaller private college really worth $50K more per year, meaning $200K more for undergrad, per child, than State U?
Are the sense of community, hand-holding, mentorship, internship and research opportunities really that much better?

What do you think?[/quote]

I agree however it is kind of easy from my vantage point be. We can afford choices and it’s not a hardship at all.

Our approach was we thought all of ours where capable of large state schools. We gave them basically a budge t and explained all costs. They were free to choose any 
college they wanted but we would only pay the instate tuition price.

Each choose a different path.

I do think parents need to make kids aware of college costs way before senior year . I do think community college is a great way for some kids to go.  And I also think in our case SLACS weren’t the best idea mine are all stem majors .

Every kid is different experience and learning styles.

I think it’s more important when going through the process is for kids to understand the goals and costs of the college they choose . 
[/quote]

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