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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think private tuition for college is only worth it if your kid can get into a top 10 (maybe top 15) school; if they can get into an ivy or Stanford, Chicago/Caltech/MIT or the like -- I can consider parents doing everything possible to make it happen.

But what I really don't get is the parents (who are not independently wealthy) killing themselves to make sure that their princess can go to her dream school -- Boston U or Babson or Middlebury or whatever. I say if you can't make the cut for the top 10, go to your in-state school. The education offered is no different and the name on the resume just doesn't mean anything once you get below a certain level. If you're an engineer from MIT or a finance grad from Wharton/UPenn -- that stands out in some circles and often for life; but your typical person and hiring manager cannot tell you whether a chemistry degree from Maryland is any better or worse than one from Boston U.

Now if the parents are independently wealthy -- do whatever you want. I just don't see killing myself or letting a kid take out HUGE loans bc they can imagine themselves on a certain campus -- I guarantee they'll be fine on some other, cheaper campus as well.[/quote]

100% agree. Every word. No kid of mine is going to Davidson or University of Richmond. NFW.[/quote]

+1. Add to this -- I also wouldn't pay out of state tuition to go to a state school in another state because a program is marginally better. If we're still living in Maryland by the time DCs are 18, they are going to UMD. I don't particularly care if Penn State or Rutgers has an undergrad business school or engineering school or whatever ranked 10 places higher than UMD and frankly I don't think hiring managers care either because they don't keep rankings memorized; I think they look at a resume they see -- ok -- big northeastern state school, how well did applicant do there. Now if they can get themselves into a Wharton undergrad or Sloan (MIT) business school then that's a different ballgame and I'll do what I can to make it happen bc those schools do open doors to different kinds of jobs at higher salaries and offer different types of mobility over the years -- I've seen it time and time again. Same thing with fields like engineering -- Caltech, MIT etc. are show stoppers -- otherwise state school like everyone else.[/quote]

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