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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Reed
Swarthmore if he can get in
Carleton
Kenyon[/quote]

Swarthmore and Carleton will NOT OFFER MERIT AID. The most competitive, prestigious SLACs do not offer merit aid because they do not need to in order to attract the best applicants.[/quote]

+1. I know some of the Ivies and their peers offer free tuition if you're in a certain income bracket. Does anyone know if the wealthier SLACs do this?[/quote]

Swarthmore, Williams, Amherst, and several other of the best SLACs are need blind, meet 100% of financial need, and are committed to reducing or even eliminating loans entirely. I'm not aware of any "free tuition" option for people in a certain bracket, however.[/quote]

OP will not qualify for financial aid.

OP cannot afford the $59K/year EFC that FAFSA tells her she can pay.

Therefore the Ivies and elite SLACs are out of the question for OP's son, unless he is willing to take on substantial debt.

This is the reality for upper middle class families.  They cannot pay sticker price, but will not qualify for financial aid.  So unless they are willing to take on substantial student loan debt, their options are limited to state schools or schools that will give their children merit aid.

The elite schools are therefore populated by the very wealthy and by people who qualify for merit aid.[/quote]

Upper middle class families should (absent any additional major, and obligatory, financial burden like supporting a sick parent) be able to save in advance for private college - they shouldn't now get a big chunk of financial aid because they opted to buy a big house in a wealthy area, send the kids to private high schools, etc. Niot saying this is the case with op, but responding to the pp's point about umc families. [/quote]

OP here.  We have saved diligently for college and can pay up to $45k/ year/kid and not more, unless we jeopardize retirement.

We live in eastern MoCo, send our kids to public school, and take one modest beach vacation per year.

There is nothing we could have done differently to afford $65k/yr/kid (and more every year).  Nothing.[/quote]

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