Reply to How important are college costs to you, even if you can afford any college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I won’t pay a lot for clothes or cars or alcohol or beauty treatments or jewelry or fine dining any of that stuff but yeah, I will pay tuition at whatever college my kid wants to go to. My kid goes to an $80k school, my pants are from Old Navy. Makes me happy. YMMV. [/quote]

+1000

DOn't understand the "I'll pay for an ivy or Stanford/MIT but after that, I'm not paying $80K". If you can afford to pay, why would you not want your kid to attend the best college of THEIR choice?

And if you would need to take loans for the IVY/S/M I don't call that affording it.  I'd ask, why would you take $40-50K/year just for that.  Ivies are great school, but really not that much better (or even better at all) than many of the other T50 schools.  For me it's more about major and fit.  But I wouldn't go into debt for any school if I had other choices I could afford (but it's a mute point as I have saved and can/am sending my kids to full pay expensive schools)[/quote]

Because paying 80k "after that" is just plain stupid, that's why, and most 18 year olds aren't sophisticated enough financially to realize that.  So you have to step in.  Why is it that folks don't think twice about denying a kid anything but a college education on the ground that the thing they want just isn't worth the money.

We had one kid get into UVA and Notre Dame.  Yes, we could have afforded Notre Dame, but we can afford lots of things that we don't buy.  Are we really just expected to pay double for Notre Dame just because our kid wants us to?  Sorry, no.  [/quote]

We value education.  So yes, I'd happily pay if that's where my kid wants to attend. You obviously are not required to do that.  But I'd rather spend on a college education than a fancy car or vacation[/quote]

Ridiculous.  UVA in state is less than half of ND and the educations are very comparable.  Next?[/quote]

Not ridiculous at all, just in your opinion. [b]I suspect you don't have $320K saved so ND just isn't affordable for your family so you are just stating they are "comparable".  
[/b]
  If one is a better fit for your kid and their major and you can afford to pay, why wouldn't you? 
ND vs UVA stats
10K vs 17K undergrads alone is a huge difference for many kids.  
8.3:1 vs 14:1 student:faculty ratio
2.3% vs 6.5% of classes with  100+ students 
7.9% vs 14.5% of classes with 50+ students

In less than 5 mins I found these key data points demonstrating key differences and ones that I'd argue make ND "a better school"  More access to faculty, smaller class sizes makes for a better educational experience IMO.

So while both are great schools, [b]ND definately has an edge[/b].

[/quote]

The first bolded sentence is just absolutely and unnecessarily gratuitous. And the second bolded one definitely calls everything into question. [/quote]

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