Reply to Looking back, do you wish your child attended the least expensive college?

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[quote=Anonymous]This is an extreme example but maybe a cautionary tale if the least expensive isn't just a reasonably priced public or a good merit offer from a National level LAC that is lower in the USNWR rankings: One of our friends (in the Midwest, not DMV) made her kid go to the least expensive school--it was truly a no-name place, out of state but a regional college that offered her a near full-ride and an opportunity to play her sport. I don't even know how they found the place. I'm not sure if the school is even ranked in the USNWR and isn't included among Princeton Review schools.  It was a terrible decision---the education was sup-par, practices for a dead-end team took up a lot of time and she lost interest and motivation in the sport.  The school was clearly on the financial edge and there were few amenities.  She did okay in classes but not stellar because she pretty much hated everything. The school turned out to be a 'suitcase school' so not much social life.  Her mom made her stick it out for two years, but then she dropped out.  She is now at community college and says the classes are far more organized and challenging than her other school.  She now has to drag this transcript with her that looks bad.  She initially got into reasonably-priced in-state schools when she applied as a freshman, but the full-ride was tempting to her family I guess. It's ending up costing a lot of lost time, motivation and money and will likely drag on her opportunities. So while I think being attentive to costs is important, choosing the least expensive option might not always be.[/quote]

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