Reply to Question: those who send their kids to slac or oos schools..

Forum Index » College and University Discussion

Reply to "Question: those who send their kids to slac or oos schools.."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Oberlin:

$76k a year, including R and B

Paid as follows:

$24k merit
$4k  OSCA (does co-op dining, rather than standard meal plan.  Works in the co-op about 6 hours a week, saves $2k a semester)
$25k out of 529 (we saved $110k by May Senior year, cushion because costs will increase each year) 
$15k out of income ($1200 a month, which is what we saved during HS)
$8K from my kid (he had $80,000 gifted to him for education between both sets of grandparents and my grandparents)

This year, OSCA isn’t happening because of COVID, so my kid’s portion is $12k.

We are very lucky that we have the only grandkids on both sides, and both sets of grandparents opened a 529 or education IRA when they were born and contributed some each year.  Otherwise, my kid would take out a $5500 Stanford and we would make up the difference.

Kid is responsible for books and spending money from summer job.

Realized WM is now $42k w/ R&B and once merit and OSCA are factored in Oberlin is $48k w/ R&B. 
[/quote]

Bang for the buck just isn’t there.[/quote]

Maybe not for your kid. It is for ours. [/quote]

I can see that. A lot of families prefer slac just like they prefer private schools. To them, private is better, expensive is better. Exclusive is better. Then the cost can be justified [/quote]

Another Oberlin parent here. For our family, it is not that private/expensive/exclusive is “better.“ It’s that a small liberal arts school offers small classes, undergraduate research, connections with professors, and various other experiences that make it worth it to us.  Our DC’s specific academic and other needs make a small school a good fit.

Our DC has a $32,000 merit scholarship. We pay for the rest out of our 529 and other savings. We will have some leftover for graduate school.[/quote]

Yet another Oberlin parent here.  Oberlin gave enough merit/aid so I pretty much paid for R & B.  Thank you Oberlin![/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics