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College and University Discussion
Reply to "Jeff Selingo on people skipping "target schools""
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[quote=Anonymous] DC ended up applying ED and getting in with no merit at T30/T40 SLAC but got merit awards before then from T60/70 SLACS that would have saved us a lot of money. To some extent, it feels dumb to pay the premium, and if it represented any kind of financial strain on us, it would be dumb. But the difference in total cost for 4 years would be like 2% our net worth, so whatever. But the idea that parents are borrowing money for their kid to attend a second tier school instead of a less expensive but probably basically as good third tier school is kind of insane. [/quote]
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