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College and University Discussion
Reply to "Be honest with your seniors"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Told DS that any school that's not HYPSM is going to have to come up with aid to get us "near" the cost of W&M full pay in-state. That's it. [/quote] That’s the absolute worst. You’re telling your kid that it’s Ivy or In state only, which means that you are telling them that you have the money, but if they’re not at the tippy top and have their name chosen out of the magical hat, you don’t find them worthy of the money you would otherwise spend on their education. [/quote] This is totally bonkers. I can afford a fancy car for the family but choose to buy a safe, functional car instead. Even if my kids would prefer the nicer car. I can say that I am willing to stretch for schools that may give my daughter a big boost but otherwise, I will pay for good quality in state options. It’s not a question of whether she is “worthy”. She and her brother get all my money at some point anyway. But I will make her think about the value of her choices. Even if she ends up having a ton of money in the future, I want to guide her toward making good financial decisions and college selection is a great place to have that conversation. [/quote] Your position of HYPSM or W&M-level is absolutely bonkers if you are being literal, and your car analogy is not on point. Are you saying you have the funds for, but would refuse to pay for, CalTech, Cal, Harvey Mudd, Wharton, University of Chicago, or Cornell regardless of what major your kid chose? That makes zero sense from a return-on-investment standpoint if they opt for a marketable major. What possible reason could you have other than bragging rights?[/quote]
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