Reply to For UMC families.. how much did you end up paying OOP for college?

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[quote=Anonymous][quote=Anonymous]UMC with investments in non-liquid NQ assets.  We did not apply for financial aide.  Offered merit at lower ranked schools but accepted at a high ranked school which has faculty and career counseling advantages for DC's academic strength.  Paid full freight of about $80k/year including travel costs, abroad programs, internship lodging expenses and EC donations.  While the internships were well compensated, it wasn't enough to make a dent;[b] instead, we elected that DC retain "his" monies.  [/b]Goal being to obtain early decision making experience with personal financial management   Way back when, we thought we had put aside enough for both college and grad school.  The forecast when we started was a max of $50k/year.  It all worked out though [b]because it provided the luxury of having room to pivot[/b].[/quote]
I find it difficult to understand parts of this post    I think the poster is saying that although their child got offered merit at a lower ranked school they decided to send their DC to a school that was more expensive ($80K) but a better fit.   I don't understand the parts I have bolded.[/quote]

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