Reply to As tuition continues to climb in price = easier to get into?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]When colleges compute your tuition amount, they expect the money to come from 3 sources: 1) Past earnings (savings), 2) Current earnings ((how much $$ you + your student can contribute this year)  and 3) Future earnings (loans).  if you are missing a piece of this puzzle (savings) or don't agree with their methodology (loans), find another school.[/quote]

This is exactly what many parents with comfortable incomes are doing. They are asking how a college education can be worth $250k when the same education is available in-state for $100k or less. If you have the savings and income to send your kid to one of these schools, congratulations!!You are more than comfortable--you are wealthy. More and more, private colleges will be populated by the children of the wealthy, like you. Parents who cannot justify the unreasonably high cost of a college education will and are looking elsewhere. Fact: my DC turned down two highly selective colleges to attend one that accepts 65% of its applicants. Why? Cost, why else?[/quote]

Thus proving the point of the OP.[/quote]

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