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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My oldest is also going into 8th, and I started looking at this sub when thinking about college savings. I also work at a state flagship, so I have some general interest in colleges. The main takeaway I have gotten (from both this board and my job) is - the cost benefit analysis has changed a lot since I went to college in 2000.

I grew up in a prestige-focused NY burb, and it was a no brainer you would attend the highest rank school you got into. I now live in the midwest, where our flagship is decidedly mediocre, but plenty of bright and talented kids attend anyway. After they graduate, their parents can pay for their grad school or a down payment or new car and basically just launch them comfortably into the world. There is little need to get caught up in "prestige." Also - tuition prices have dramatically outpaced inflation. If you are in the "donut hole," it is really tough to justify a 90K/year school over a 50K or less school. 25 years ago, the math was different.[/quote]

How so?

25 years ago no one was chasing prestige.  Ivy acceptance rate was in 40% range, everyone went to their state flagships.

Bingham at that time had a real pipeline to Wall Street, sent droves.

[/quote]

Love Bing, great school. But it never sent droves to Wall Street. It was possible then, I got n interview at Goldman out of Buffalo (didn’t get hired) but not common.[/quote]

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