Reply to The social continuation of High School

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[quote=Anonymous][quote=Anonymous]My DS rejected two in-state options, including one that gave him 10K/year in merit, for an OOS private with good merit but still $20K more than the in-state w/merit and $10K more than the in-state w/o merit. He has lived his whole life in our state and does not want to stay in-state for school (both in-state schools are within an hour's drive from our house). It is not so much for him about the other kids there as that it just feels to him like he would not be getting away.

I justified the cost by telling him he gets a certain dollar amount for school, for all 4 years combined, and whatever he doesn't spend he can get back to use towards grad school, a serviceable car, or a house down payment. If he goes "over" that threshold he has to take out loans to cover the balance. I then showed him how much was "left" with each option. He chose the OOS where he will have very little "left" but is still under the threshold.[/quote]
IMO, 17/18 yr olds don't understand dollar for value. They  are willing to spend $80K+ extra just to experience living in a different state?  As my college aged DS would say, "That's not value".[/quote]

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