Reply to I’ve been honest with my daughter about what we can afford but….

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[quote=Anonymous]Correct.  It's insane to tell your kid to apply when there is no realistic way that the parents can pay for it.

I'd be that OP probably has a HHI of $250K.  Clearly a good HHI but not one that generally allows a DC resident (with the associated cost-of-living) to pay for $85K/year for college for two kids back-to-back. 
However, it's way too much to qualify for financial aid at any school (Princeton, Harvard included). 
There is zero way these schools are going to magically come up with aid.

I'm in this income bracket as are most of many of my friends in DC.  We don't send our kids to Amherst or Northwestern or Harvard because we can't afford them. 
There is a whole slew of kids at Walls and Wilson (Jackson Reed) who go to lower ranked schools because their parents don't have the $80K+/year for these school but because they're in the $200K+ income 
range they do not qualify for aid.  The kids who do attend are either 1)wealthier 2) poorer.  Plenty of both in DCPS.

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