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Reply to "full ride at ND vs full pay at Wharton"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]WWYD: heard this several times in last few years, with similar kind of schools. Stamps at ND vs Wharton. Went w Wharton. Another full ride at Vanderbilt vs full pay at Duke. Went Duke. etc. this from families with more than one kid and total wealth at 3 or 4ish million (let's say). So full pay for each is possible, but not meaningless. every time the bigger name school was picked over the full ride. and I'm not really buying fit since these could all be fit schools - they're schools they applied to and acknowledge would have been fine. "but she just really wanted Duke" or whatever. I honestly think you all might love your kids more than I do ... because I'd be banking that money for kid down the road.[/quote] Sure happens all the time for fullpay families: some families let the kids pick based on fit. Nothing wrong with that, to each their own. Some families pay for all kids to be full pay and plan for full pay, so they would not push a kid toward saving money for the sake of saving money, because they already have a plan. Why should one sibling get to be full pay wherever they want and then another wins a huge scholarship and suddenly is not allowed to pick the favorite, when the plan the whole time was to pay? The push to take the full ride would only make sense if finances were a concern: that is a different ballgame. As to Wharton vs ND, I can imagine a few kids who would pick ND even if both schools cost the same. It is a fit thing. Not everyone picks based on some screwy ranking. [/quote] Some full pay families let kids keep scholarship money they earned. It just stays in the 529 or whatever[/quote]
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