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College and University Discussion
Reply to "So many mistakes. So much disappointment. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Flagship ranking is around 150. She got a scholarship so cost is 5K tuition plus housing (10K). 15K total. T10 school. She got 20K in financial aid which would bring tuition down to 50K. Housing is about 15K. 65K total. Engineering major. [/quote] The difference is only 50k! Of course she can work part time to pay for the difference. Waitress, tutoring, etc. I can’t imagine how difficult it would be to earn 50k per year. If you are willing to pay additional 10k, that really helps.[/quote] OP, I’m sorry you are getting weird belligerent responses like the one above. Did she only apply to 3 schools? For engineering I would not take out $200k+ in loans. Do your local school and then see about transferring. Or the one that puts a bad taste in your mouth, assuming you can afford it. [/quote] OP here. Thank you for your kind response. I agree that an engineering degree cannot justify 200K in loans. I’ve talked to her about potentially transferring schools after two years. She wasn’t open to the idea. I think she just needs some time to be sad. [/quote] yes she does need time to be sad. But that's because you led her to believe she might get to attend. If you ran the NPC and you would know you only get $20K, and T10 schools don't give Merit aid (maybe a few but in reality it's less than 2-3% who get any). So you explain that and don't let her apply. If she's truly smart enough to get into a T10 for engineering (or anything), she should be able to understand finances. It's our job as parents to set realistic expectations for our kids. [/quote]
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