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College and University Discussion
Reply to "Amherst College COA $92,816 per year"
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[quote=Anonymous][quote=Anonymous]DH and I make around 200k, but I have a seven figure trust fund. No way we're paying full pay for these schools - it's not worth it even if we can technically afford it. A kid that can get into Amherst could get generous merit aid from LACs ranked in the thirties, maybe even the twenties. We're looking to spend 60k the first year, then pay the yearly increase. [/quote] Easier said than done. Most of the top 30 LACs don't give merit aid. And even for the few that do offer merit, a lot of the schools in the 20s and 30s have become significantly more competitive admits over the past few years. PP's kids won't get merit aid unless their stats are well above average for the school. [/quote]
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