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College and University Discussion
Reply to "Alabama for free or a more elite school that is less than free-ride?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, you are making what I strongly suspect are multiple socio-demographic assumptions that are informing your choice. And you are making a severe mistake that will do a generation's worth of damage. An undergraduate degree from UA is of effectively no value, and earning it will impart no breadth, compared to a degree from a top-20. If you complete the forms and make a convincing case, you can easily receive a nearly-free ride if your son is admitted to Harvard, Yale, Chicago, Stanford, Princeton, Columbia or Penn. Your comment to the effect that you just don't believe it reveals what seem to be other priorities and assumptions on your part. Please don't damage your child. [/quote] You clearh care about OP's child future more than she does. And it was already explained, multiple times, that financial aid at "need based" only schools is essentially nill for middle class families. [/quote] A student from a family of 4, with 1 in college, making the median family income for MD ($105,000) would be given a grant of $46,775 a year at Harvard, according to their netprice calculator. That's pretty far from "nil" [/quote] That's right. But I think the OP has already told us that they aren't going to qualify for that kind of grant. They make too much money. Not to mention the fact that we are making some pretty big assumptions here--like the one that this kid is guaranteed to get into Harvard?[/quote] Which is an indication that the OP isn't middle class. Not that elite schools don't give aid to middle class families. For a family who can afford full pay, but at significant sacrifice, whose child has the credentials to even discuss a place like Harvard, and scores that will guarantee them the full ride at 'Bama, there is a lot of middle ground. Many fine selective schools, although not the super elite, offer generous merit aid. I'd explore a range of options, have my kid apply widely including to schools with good merit aid and 'Bama, and probably end up somewhere in the middle. [/quote] There are two examples here that are getting mixed up. One is the OP example and the other one is Tulane/Case Western + $50k vs. Harvard.[/quote]
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