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Reply to "$80k In Debt Worth It for Ivy Undergrad?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d tell your parents that you are going to transfer to a less prestigious school because you don’t want to take out loans. If they don’t get bragging rights anymore, they might change their mind about funding the Ivy. [/quote] This.[/quote] OP here. I did this to my parents, and then they just told me that they were going to cut off all contact with me. Honestly, they are not in any sort of financial shape to take out Parent Plus Loans or a HELOC (they're in their early 50s with less than $500k saved up for retirement and have $400k left on their mortgage). [/quote]
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