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[quote=Anonymous][quote=Anonymous]I can’t afford a top school for DD unless I spend my life savings, which I’m not willing to do. 
But I’m sad that she worked hard in high school and can’t apply to anything that will cost more than in state. 
Her friends are applying to ivy schools because they qualify for financial aid and they can afford to go there if they get in. 
DD could likely get into a top 20 school but wouldn’t get merit aid there. 
Just a vent. [/quote]

We were in the exact same situation as you last year ... kids friends DID get into T20s... coming from a public magnet with a lot of very, very low income but high achieving students. Many are there for very little $ (think $4k a year at Duke).

Everyone loves to say ... apply, meets need to schools give $ up to X income. That's great but at a high(er) income level you're getting maybe 25k-30k off a 90k school at the very most, if you have no assets. Which is still 60k+/year. The NPCs are accurate.

I will say...in the fall as the early acceptances come in there were lot of kids saying they are committed to Michigan, Cornell, etc...but by the spring, when the financial aid packages come out it's time to commit and the reality of the cost sets in, some of those kids ended up at our in-state flagship, or less expensive, less prestigious schools.

The GREAT news is that if you have ivy level stats, there are a LOT of places you can probably go almost for free. If it's a school that gives great merit money to super high achievers...there will be a LOT of super high achievers there. My kids school is very low ranked but has a TON of Ivy level kids (kids that turned down T10 acceptances) and followed the money...

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