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College and University Discussion
Reply to "Does anyone else notice that more families are encouraging their kids to apply to state schools?"
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[quote=Anonymous]The cost of private universities has risen to the point where a two-govt worker family (in this area, a typical upper middle class family earning $200-250k combined from two workers) can't afford private college very easily. It's possible, but you need to start saving very early, get help from the grandparents, get merit aid, and/or take out significant student loans. Back in the day, my mid-level management dad sent us both to private colleges, but with tuition at $60K/year, that's no longer feasible for much of the middle class. Plus, it's hard to get FA with household income much overv$100-150K except in special circumstances, like multiple kids in college. Private school families, who have managed to pay tuition for years, seem more likely to be in a position to go the private college route.[/quote]
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