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College and University Discussion
Reply to "As schools near $100K/year when will that affect the pool of students?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think its a tipping point. This question has been asked every year when tuition rises. The answer is that it affects a few more families every year, which is why you have also seen a much larger interest in merit-award giving schools than you did in the past. But its incremental.[/quote] I think the tipping point is long past. All of my children attended or attend in-state schools for one reason only: Price. My children are top students, but they were not eligible for FA at top 20 schools that interested them. When we did the FA calculators, we got zero FA. Our accountant told us in no uncertain terms that to take out loans to send our kids to college would be insane given our ages (we are older parents) and income. Those competitive colleges lost out on our kids because of price. We refused to pay the outrageous prices of these private schools, so our kids did not apply. The price of American private education will continue to rise as long as wealthy parents continue to pay it. We dropped out. [/quote] This was my situation applying in 2003! DCUM is a weird bubble of people who really think the very most talented people all apply to the top schools. [/quote]
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