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College and University Discussion
Reply to "Sad that I can’t afford a top school for DD. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If it makes you feel any better, many MC/UMC families are in the exact same situation. Public flagships are filled with upper middle class kids who can’t afford $90k a year Private schools. She will get a good education and have a blast! Emphasize the positives. [/quote] +1 my UMC super high stats kid is at the state flagship. DC has had some wonderful internships and is having a blast. They also got merit aid, and the school took most of DC's AP/IB scores. We saved so much money. DC will have money leftover from their college fund.[/quote] Yep. The $90k private schools are filled with wealthy and low-income students, and the social divide between them is stark (see other DCUM thread). Flagships are great because of the enormous range of students, especially a huge concentration of middle class and UMC students. [/quote] No, they are filled with rich kids, lower income kids and UMC kids whose parents chose to make saving for college a priority. Most in the T25 meet full need and at many that means kids from families making $175-200K are getting 20-30K/year. If you were making $200K, you had the choice to save enough for 30-40K/year easily and possibly more. Not saying it's the best choice of money---I'd personally do in-state and/or chase merit at state and private schools and find the best value. But it's a choice you likely could have made to have $200-250K in a 529 [/quote]
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