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Reply to "Why would you pay full freight to send your kid to Middlebury?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Let's assume your combined income is $300K and you don't qualify for much aid, if any. Why would you send your child to a preppy, white SLAC near the Canadian border? 23% of students come from families in the top 1%. Meanwhile, the median income for alumni at age 34 is a paltry $62K. How much value are you getting out of that $55K/year tuition? Obviously they are known for teaching and language programs, but does the tuition, isolation and limited career earnings potential justify the exorbitant cost? [/quote] Tuition+room and board about $300k assuming your child graduates in 4 years. NOT to mention travel expenses to and from Vermont. I don't think ANY private school is worth sticker price. [b]I bet they would give you SOMETHING.[/b] Say they gave 30%....your down to cost of out of state at a public school. [/quote] This is a bizarre statement. Middlebury does not give any merit scholarships. It does award need-based aid for families who qualify. Absent extraordinary circumstances, a family with a HHI of $300K will not qualify for need-based aid. Therefore, they would pay full freight or not send their child there. Middlebury would not "give (them) SOMETHING."[/quote]
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