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College and University Discussion
Reply to "200% increase in tuition "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's affecting the choices people make. When my kids were little I'd have told you we'd pay for an Ivy/top school, make it a priority. I just don't feel that way anymore. Public colleges offer a great education at a much lower price. I can see around me people are also just doing in-state for their kids, even other umc people with strong students. It has stopped being justifiable unless you get a lot of aid/help or are actually wealthy to the point 1 mil in college education is no big deal to your financial picture. [/quote] +100 $200-500k HHI are doing publics more and more now and forgoing T10s for them. We are a $475k HHI and my kid hit into 6 schools in T1-T20 and will be headed to UVA. It’s not worth $400k for undergrad.[/quote] That is your choice to make. I agree, many would make that choice. We saved so our kids would have the option to chose the best fit for them. But I get that for many in-state is the best financial choice, and spending $400K is ridiculous if it's not an easy spend[/quote]
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