Reply to How important are college costs to you, even if you can afford any college?

Forum Index » College and University Discussion

Reply to "How important are college costs to you, even if you can afford any college?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I made more than enough money (just under 7 figures at my peak) to pay for any college whatsoever for each of my kids, but there was no way in hell I was going to pay for private school unless I was paying top tier.  It's just not worth it.

You'll find a lot of posters on this board with money who will say that they'll happily pay for second tier schools that nobody's ever heard of -- including those silly "CTCL" schools.  I think they're all nuts.

[/quote]

+1 Luckily DC had the grades for top schools and significant merit at others so we never had to cross the bridge to having such a conversation. [/quote]

But that is the question.  Is even a top tier school worth $80k a year if your child gets significant merit at another school?  My kid has high stats and that is the decision I am grappling with.  I am in a similar situation to the OP.  As a single parent, have a reasonable income (but not one where I can pay full tuition) but have some money in an account from my parents (who passed away) that means I will not quality for aid.  The question for me is whether to put all of that money to college tuition or not.  (I do own my house and have a good amount of retirement savings.)[/quote]

No one can answer this question but you, because each kid is different, each family is different and priorities might be different even for siblings from the same family.  We were in this situation, choosing between a nearly full pay at top 10 school and a full rude at a top 50 school (Stamps scholarship).  We ended up going with the more expensive option.  I know, many people say that they would not make that choice, but it was right for my kid.[/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