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Reply to "Boston U full scholarship vs. Yale full price "
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[quote=Anonymous][quote=Anonymous]Hi all. Thanks for your input. We have $120K saved in a 529/other savings vehicles, are comfortable paying $25K out of pocket, and the rest would need to be made up elsewhere- so about $15K/year. We are in that donut hole of no aid received, but can't pay full price. IF she goes to Yale, med school would obviously not be covered. BU, some of it would be covered. She has took organic chemistry at Northwestern and liked it and is very certain pre-Med is the way she wants to go, but you're right...there is a chance that could change. [/quote] OP this is going to be us in a couple of years- ds might not get into Yale but has the stats for a top 20 college. We will (hopefully) have enough to spend around $55K a year for undergrad and unlikely to get much or any need based aid. We might be able to swing it by dipping into other savings but will not have any savings left for med school which is around $80K a year. Of course as other posters rightly point out a lot can happen in four years of undergrad (including organic chemistry!) and he might not make it to med school in which case would he have been better off going to the elite univ. which would presumably open more doors into top notch Ph.D programs. Hard to make these decisions without a crystal ball. I hope you will come back and tell us what your child decides. [/quote]
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