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Reply to "Boston U full scholarship vs. Yale full price "
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[quote=Anonymous][quote=Anonymous]I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school. However: 1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools. 2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work. IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes. [/quote] Just imagine if you had undergrad debt on top of your medical school debt and could not afford anything into your mid thirties. How much more will be the regret be? My spouse and I lived in a tiny apartment for a very long time to pay off loans. One day a plumber came to fix our sink and he asked us why we were living there. We did not fit the "rich doctor" myth...from OP's financial details she's not going to able to help with medical school at all if DD goes to Yale. DD will be in debt for a very very long time impeding big milestones such as marriage, kids and house purchase. BU is a good school that would be considered by medical schools.[/quote]
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