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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Depends on my financial situation. Not if I could afford a T 10.[/quote]

100% depends upon your financial situation.

If you have the $400K plus enough for graduate school/professional school (if that's the path your kid might want) saved/readily available, then no I wouldn't make my kid turn down a T10.  They would get to pick their top school for them/best fit without concern for finances.

If I can [b]only[/b] comfortably afford $40K/year, then yes my kid would likely take the full ride and start their life debt free.

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😂 “only” 160k for an undergrad degree…basically pocket change [/quote]

Why is that shocking to you?!?!  If you planned for your kid to attend college, is was obvious that by now, instate schools would be $30K+.  So many MC/just above MC people did save to be able to afford that.  It is called planning.

But if you were not able to, then you find schools you can afford. 
You do dual entry in HS so you have your AA and only need 2-2.5 years at State U.  
Or you start at CC and then transfer.  Your kid can easily work to pay for CC, live at home, and you as a parents only cost is room and board in your house until they go to 4 year college for last 2 years. 
First way can be done for $80 K (if $40K school) and your kid can pay for $10K of it yearly. 
The 2nd is no extra cost to you until the last 2 years, and then it's at most $80K.

Or you find a 4 years school that will give your kid merit and/or FA.  Step down 1-2 tiers from your kid's reach and you open up a whole world of great merit.  My 1220/3.5UW/no AP kid had 2 state schools that were under $20K each, and multiple schools ranked 80-100 that were only $40K with merit (private schools close to $65K normally). And we were not "searching" for merit.  Now imagine what we could have found if we made an effort

The fact that after HS college is likely the next step for your kid is not a shock/shouldn't be a shock.  The fact it costs $$ also isn't a shock.  So you should be planning for that, and saving over time.  So yes, it is not that difficult to have a path to spending $30-40K/year for college---you had 18 years to plan.  And if that doesn't work, then I've laid out several plans that can do college for under $80K total and you take one of those.  Most of us live in areas where kids can earn $10K/year to put towards college that with $5.5K in fed loans and you are at 15K contributed and you as a parent can help figure out the remainder.  Or you find a school that gives great merit and lower your price.

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