Reply to Looking back, do you wish your child attended the least expensive college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I guess I disagree. An expensive but prestigious undergrad might cost more, but [b]nobody can ever take degree away from you.[/b] You don’t know whether you’ll go to grad school or straight to work. I’d go for the best school you can get into. [/quote]

I am a generally frugal person but I at least take this into consideration.  If both options are affordable to me (i.e., I'm not taking on loans and it isn't compromising my ability to pay for college for my other kids or retirement security) and one has a stronger reputation, I'd rather encourage my kid to go to the school with the strongest reputation over chipping in the saved $ for a car or wedding. A degree--and the education you received-- lasts your whole life and no one can take it away. But if the school my kid preferred was just a lot more expensive but not any reputation/educational difference I would try to lure them with the freedom to use the saved money for other things or insist they make a better decision with my money.[/quote]

This is exactly how I feel. I would rather pay for expensive college for my dc over wedding, car, down payment on a house... [/quote]

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