Reply to Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?

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[quote=Anonymous][quote=Anonymous]Yes, everyone that posts on this forum is a millionaire, and most have two high income parents adding to the family fortune.

That said there are top 50 schools that are less, either because of VA state residence or state schools in Illinois, Wisconsin, Texas, Georgia and Florida have reasonable out of state tuition.

So top 50 at around $50K or less is still possible.  Other schools in the 50-100 range offer merit/tuition discounts to attract top students so provide a good value in education.

[/quote]

My DC’s 529 would cover 4 years of private tuition, and they applied ED to a to 20 school. In the meantime, they got accepted EA to a school that is very similar in many ways (same size, urban private university) in the 60-70 range (I’m not exactly sure, and I don’t really care enough to look) with $35k in merit aid per year. When they didn’t get in to the ED school, they were actually relieved (as was I). The difference truly wasn’t worth it. The extra $$ will probably be used for graduate school.  [/quote]

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