Reply to My kid has no real concept on what college will cost overall.

Forum Index » College and University Discussion

Reply to "My kid has no real concept on what college will cost overall."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]We are upper middle class and were always transparent about finances with our kids. Can we afford 100k in tuition a year? I’m giving an extreme example. Yes we could but that is just an illogical amount of money to spend on an undergraduate degree. Finances would be tight and we’d have to make sacrifices. I’m lucky none of my kids expected us to pay that much! All chose cheaper options![/quote]

Private LACS and universities are moving into 100K total costs of attendance. Georgetown is 93K right now, Dartmouth is similar. Some are 95K.

This is NOT an extreme example! This is why many middle class families, shut out of privates, apply en masse to their State Us and drive down the acceptance rate. UVA and UMD have become a lot more selective recently. I know a kid last year (my son's cohort) who was rejected from UMD with a 4.2wGPA, multiple APs, decent extra-curriculars, etc.

High stats these days are not merely for the nerds that want Ivies. It's a FINANCIAL consideration, so that kids can get into their state flagship and not cost their parents an arm and a leg.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics