Reply to Which college is worth $90k?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Absolutely no school is worth $90k.  How utterly stupid.[/quote]

So what is the option? Frankly, the privates in the top 50 all cost around that much and don’t offer merit aid. Yes, there are excellent public colleges but not everyone gets in.  For some families who have saved/can afford it they clearly believe it is worth it as they chose to pay it [/quote]

The option is not to play the game, but the schools know many families will do ANYTHING to send their kids to T20s.

If you are selling a luxury good in a feeding frenzy it’s not rational to lower your price (merit aid) for those that can afford it.[/quote]

It’s not just T20s asking for $90K+. Even OOS public schools are charging similar amounts.[/quote]

So true.  I get the frustration at the cost but think people suggesting we not "play the game" are either naive or the type of people willing to use their own kids to make a philosophical point.  Or they can't afford it/will get aid and don't have to afford it so totally fine making up rules for a game they are never going to play in . . .
[/quote]

Kids can get an excellent education at any IN-STATE public university or even community college!  They’re not being reaped for the hunger games.[/quote]

Sure, but not all do.  For example, the 6 year graduation rate for U Mass Lowell is around 60%, at Bowie State it is around 40% . . .  the graduation rates for the Ivies are all above 95%.  [/quote]

Do you think your Ivy caliber kid wouldn’t manage to graduate from Bowie State???[/quote]

Most likely not, but life happens and I definitely think some of his joy comes from the deep relationships with classmates and the fact that they are there all 4 years and together at graduation and doing the weird ancient traditions together is definitely part of the glue that keeps everyone moving forward.  [/quote]

+1 so much this!!

We aren’t paying 90k, because we got financial aid. But we are paying 30k, where we could have paid 20k at a lower ranked state school. 
However, the 30k (for us) private has an extremely high retention and 4 year graduation rate, and the 20k school does not. This is one of many reasons we went with the more expensive school. [/quote]

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