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[quote=Anonymous]I would pay if I had the income. Any school that my child wanted to go to, I would pay $60K. I don't think any school is worth that much, but my child has special needs, a learning disability, etc., and I would be so happy if I could afford to send her to a SLAC that meets her needs.

She's gifted, so one of the top schools might accept her, but no way can we pay. We are like you, OP. We have too much income/savings to qualify for financial aid, but we are not willing to spend our retirement savings and do not have the income to pay even $20K!!

DH almost lost his job last year and, I'm not sure how much longer my job will last. Without retirment savings to rely on, what would we do if DH lost his job? It's crazy to spend down your nest egg to send your child to college, so we won't do it.

But I truly wish I had the $60K to send her to Williams or Middlebury, where I know she'd fit in and be happy, despite her disabilities. Don't know what we're going to do. Hope for decent merit aid from somewhere, but am not hopeful, so she'll probably end up our state school, which won't be a good fit, but at least we can manage the tuition.

I don't think any school is worth spending $250K for four years! That is completely insane! Only a very small percentage of the population have the money to do this, especially for more than one child. But when a child struggles so much as ours has, we would be willing to spend the money if we had it. But $250K would gut our retirement savings, so no way would it be prudent for us to do so.

And we are not saddling ourselves or our child with debt either. The way college costs have spiraled out of control is the fault of our government, which has refused to stop them. Go on any college campus and look at the extravagant facilities they have, even the less-selective schools. They are pulling in loads of money, so they spend it on prestigious faculty, huge buildings, crazy, crazy.

If we refused to pay, they'd have to stop, but parents dutifully pull out their wallets, and dump their savings into colleges, which use the money to build up their campuses and their endowments, but are they worth the money? Half of college graduates aren't even employed!

Simple answer: No, not a single college is worth $60K per year. [/quote]

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