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College and University Discussion
Reply to "Paying for a second or third tier college"
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[quote=Anonymous][quote=Anonymous]I've always thought that I'd pay for a top tier school or state school, nothing in between. My first got into and attends a top tier school but my second will almost certainly not get into one, yet is interested in a number of second tier schools that have the same hefty price tag. Would you force your kid to attend a state school if they didn't get into a top tier school? [b]With great sacrifice, we can afford to pay the second or third tier price tag [/b]but I can't help but think my kid would be better off at a state school and with ~200k (the likely cost difference) in a long-term investment.[/quote] Thus you would make that financial sacrifice for a T15/ivy(assume that is what you mean by top tier?) IME "second tier" (From Notre Dame/Vandy down to Wake/BC, or good but non-top4 LAcs such as Davidson, Wellesley, Middlebury) is as good or better in MANY respects than UVA or William and Mary. I think you should pay, no question. Third tier: What's that? T50 and below privates and LAcs at T25 and below? SMU, Lehigh, Tulane, Dickinson, Colby, Kenyon, Bucknell, Union? Some of the latter have benefits for certain areas and certain kids over UVA /WM/VT. Why wouldn't you pay if they are as good or close, and a better fit for your kid? If there are safeties on their list that you honestly know are not worth the $ then either do not let kid apply or be very clear early that they must attend the in-state option if they get in. [/quote]
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