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Reply to "How much to save for college - child is in 10th grade"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Omg this is nuts. College is ridiculously expensive now.[/quote] It really isn’t unless you are paying full freight at a really expensive school. My son is senior applying to a combination of public and privates. The publics are about $25k/year all in and the public offered enough merit aid to bring those costs down either below the public schools or within $5-10k of them. He isn’t an incredible student. [/quote] My experience too. Sticker price on the privates that my B student applied to are all 65-70K, but he has been offered merit aid at all (no need-based aid). He could be going to a few of them for about 30-35K. As it happens the best fit for him is going to be a bit higher in cost (47K). But we are in a position to pay this without loans or compromising other financial objecives, so we will. It''s good for people who are freaking out about college costs and won't qualify for financial aid to know there is actually a fair amount of money out there. [/quote]
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