Reply to Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm realizing that the top 50 or so schools are all about $80K+ and none of them offer merit aid, outside of maybe CWRU. 
The rest have 20-50 full-ride scholarships for their most elite students but that's pretty much it for merit aid. 
Then of course there is UVA and W&M which are instate.  And UMD which is ranked just above 50. 
We've in DC so none of these in-states are particularly relevant.

So all this constant chatter about this or that top50 school----are you all paying the $80K/+year sticker price(s)?

College is around the corner for us and I'm realizing that yes indeed, they're all about that much.  Guess I knew that in theory but it's another thing 
entirely to think "huh, they're asking $360K for undergrad.  Are we really going to pay it?"
Sobering. 
Are people really paying it? 
[/quote]

Our kids declined their top choices from T10 colleges and attended T25 colleges where they got half tuition merit scholarships. We just couldn't swing four years of almost $100K for each child. However, we are aware that we got luck with merit money, otherwise could've sold our rental property or pulled money out of retirement or primary residence. We could've been luckier if our kids took full rides to state schools but   we felt it would be unfair to push them as only reason they aren't getting need based aid is because of us. If we hadn't worked hard and spent money instead of being frugal, they would've been eligible for aid.[/quote]

Same.[/quote]

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