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College and University Discussion
Reply to "two kids in college - what is prestige worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] 4 pages in and OP has no numbers so far. [/quote] I had a pre-read and got numbers. In the first post I shared the total COA for two kids based on those pre-reads. Those are the numbers. The colleges actually can confirm a lot, they use historical increase in tuition yoy, etc. They have a spreadsheet they just put figures into and they can tell me how often that spreadsheet changes (for Princeton, Grinnell and Williams, they've only allocated more money to FA, not less). I have a name and a piece of paper I can go back and talk to them about if their numbers are not what they gave in a pre-read. They said to do that - it puts you in a really good position to get more money during an appeal should it come to that. What they can't predict (nor can I) is if my own income changes substantially or if I inherit a diamond mine. [/quote] So... let's believe they will honor this conversation next year and actually follow through. Was this exercise helpful in any way, considering these colleges' vast differences in reputation? Both of your kids should go to their best overall fit. It's a bit weird to tell your oldest, this close to May 1st, go to this school and not that school because we'll maybe end up paying less for both of you if you do. Where does your oldest want to go? If they want Princeton, and you waited until April 24th to tell them no, you suck entirely. She said the kid was leaning towards Williams. [/quote][/quote]
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