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College and University Discussion
Reply to "Be honest with your seniors"
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[quote=Anonymous][quote=Anonymous]I never thought I could afford most of the things I ended up affording. Multiple children, big house in desirable zip code, extensive renovations, very nice vacations. Things have a way of working out. Esp if you’re gainfully employed, have good credit, and are a homeowner. Money is a tool. You just have to know how to move it around to make it work for you. I would never rule out a school upfront just bc of price. You never know what could happen… [/quote] You can take that approach for 1-2 schools, but your kid needs to know they might really not be affordable. And your kid needs a viable list of 7-8 other schools that are targets/reach/safeties that should all be affordable. You can't rule it out, but if you can only afford $25K/year and make over $150K, you are not likely getting any aide. If a school costs $80K, you are also not likely getting enough merit to bridge the difference. So you kid deserve to understand that going in, so they don't have all 10 schools being unaffordable. Much better to have true target and safeties that are also affordable [/quote]
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