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College and University Discussion
Reply to "How do you grapple with the cost of expensive colleges?"
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[quote=Anonymous]Maybe they do save (e.g. enough for UMD full pay), maybe they had significant student debt of their own, or were saving for retirement so they wouldn't be a financial burden on their kids later, or had medical bills or family members who needed help, or a period of unemployment or just made had significantly less income (and higher expenses --e.g. childcare) in the early years. I don't assume selfishness -- just different resources and priorities. But the bigger picture is, in some sense, because it doesn't matter for undergrad. If a kid could have gone to HYPS for college but gets a free ride to UMD instead and graduates at the top of the class, that kid will have access to most everything a Harvard AB would have access to. And be in a much better position to afford grad or professional school than s/he would have been had s/he gone to Harvard.[/quote]
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