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College and University Discussion
Reply to "Question about financial aid at Ivies"
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[quote=Anonymous][quote]I agree with the catch 22 part completely - if you save for college, then you won't qualify for FA. If you earn more than $100k you aren't going to qualify for even partial FA unless you have extenuating circumstances. I do disagree with the assumption here, that your kid is going to hate school unless you put him in private school. There are certainly some public schools that are bad, but there are also plenty of great public schools with smart, motivated kids. Conversely, we've had some bad teachers in private school, in fact DC was ready to put needles in his eyes in 4th grade at a well-respected DC-area private school. Parental sacrifice doesn't have to mean foregoing the college and retirement savings ... parental sacrifice can also mean giving up that fun urban house and moving to the burbs for a good public school plus the ability to save for college.[/quote] I agree that a good public will work for most. That is why most go there. But there are plenty of kids in private because they were lost in the cracks in public. Mostly you are looking at a B/C student who needs nothing from a public school perspective because the teacher thinks great a B/C. When that child is in a small environment the kid will be more motivated because he is not in the cracks. Having left private for public then to another private, it is just about where the kid can do their best. Really, I would forgo the Ivy and find the right fit again and that might mean some merit aid. But I guess I see too many non-Ivy successful people and don't see the big deal.[/quote]
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