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Reply to "Perspective on the Madness"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We're in the midwest- at my DS's private HS there are kids with 1530-1600 SAT scores, grades, etc. (I know this because it's a small school, kids talk, parents talk, etc). If the parents don't have money, the kids go in-state, honors or out of state on schools that offer a lot of merit and financial aid. A lot of talent doesn't go to the Ivy League or T20- it's too expensive for most families, especially if there are multiple bright siblings. [/quote] Ivy League/T20 are need blind. [/quote] Need blind is just about admissions. It doesn’t make money appear out of the ether to pay the bill. And it’s not just about whether you technically can pay. It’s also about whether you should. For example, DC has a brilliant friend currently deciding between an Ivy ($30k of need-based aid per year) and our flagship (merit-based full ride). Kid is leaning toward the flagship. Because in this economy, who commits to paying ~$280k over four years when you can attend a similarly well-known school for free?[/quote] Smart choice!!! Take the free ride, and perhaps their parents can help them upon graduation with grad school or at least a new car/setting up their first apartment. It would be ridiculous not to do that, unless you are wealthy/already have it all saved[/quote]
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