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College and University Discussion
Reply to "Where do high stats students end up"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid with these stats is only applying to state flagships.[/quote] +1. At our public HS, even the higher income families are balking at the cost of private college for kids not eligible for aid. It's getting harder and harder to justify the cost, especially for kids planning on grad school anyway. [/quote] If you don't readily have it saved/can easily cash flow it, then yes no school is worth the $90K+. But if you have saved (and most higher income families easily could have), then it's nice to have those options [/quote] This is a mentality I do not understand at all. We could pay $400k but wouldn’t because the ROI is not there. Part of our job as parents is to teach our kids to make good financial decisions. Spending $400k to get the same outcome as going somewhere free seems hard to justify.[/quote] ROI is personal. We all assign value to different things. For example, the idea of paying for private ES/MS/HS is completely alien to me; I understand what that money gets people, but I don’t value it. My kids get the things we value in public school. For college, what I value is that my kids are happy and in environments where they will thrive intellectually and socially; their salary/placement after college isn’t a factor in the value equation for us. We are lucky to be in a position where they won’t graduate with debt, so we want them to be able to make the choice that makes them happy. For one of my kids, that meant a 90K LAC; for the other, it could mean a public school. [/quote]
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