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College and University Discussion
Reply to "Looking back, do you wish your child attended the least expensive college?"
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[quote=Anonymous]We would have paid for MIT for CS if my Asian DS with the highest possible stats and very impressive ECs got in. But, he did not get in and he decided to go to UMD with merit money $$$. While money is not an issue, we only thought of the following privates - MIT, CMU, and Stanford - as worthwhile to full pay for CS. We prefer to pay as little as we can to get the best education for our DS's career goals and UMD gave him all the opportunities he wanted. We do understand how hard it is for our children to save even $10k-$20k a year once they start a job. So, I told them that a portion of the money we have saved for their college will be theirs if they choose to go to UMD. Both my kids opted to use it to start their brokerage accounts. There are going to be other schools better than UMD if people want some other majors than CS. Our choice was very clear. [/quote]
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