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College and University Discussion
Reply to "Should I just tell DS what we have in his college fund?"
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[quote=Anonymous]OP, it’s really funny you posted this since we are in the exact same position with my DC. He will likely get into UMD no problem. He is a twin and we have a younger one, so clearly 80k a year is out of the question. He has super high stats, great ECs, and dreams of going to a top school. However, we were very clear with him and he understands that UMD will be completely paid for by us, but that if he chooses to go private or OOS, that there will be some loans involved. He has looked at other schools that give merit aid, it’s just too bad that the schools he likes only do financial or minimal merit aid.[/quote]
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