Anonymous wrote:After going through this with 2 kids recently, try to temper expectations. First DC feel in love with a SLAC and did not get in ED, ended up at an ivy by grace of luck and legacy, and is now happy there- but DC spent quite awhile disappointed by ED result.
Second DC was more open minded, and expecting to not be done until RD round. Without the ED pressure, second DC went EA to reach and was pleasantly surprised.
We all know the process is random and essentially a lottery, but believing it and letting your kids believe it is another thing, Try to get that message across to your kids going through this (and to yourself as well).
Anonymous wrote:I should never have given in and let my child apply to a school that was beyond our financial means. Four of the school they applied to were within reach and one is close to $20K more a year. I honestly didn't think they'd get into the expensive one based on Naviance, and so I gave in. Well, they got in to all five and of course it's the crazy expensive one that my child has become totally fixated on. They are willing to borrow a fortune to go and nothing I say about not starting life in so much debt is sinking in. But I think that if I had put my foot down during the application process they would have looked elsewhere.
Anonymous wrote:Anonymous wrote:I should never have given in and let my child apply to a school that was beyond our financial means. Four of the school they applied to were within reach and one is close to $20K more a year. I honestly didn't think they'd get into the expensive one based on Naviance, and so I gave in. Well, they got in to all five and of course it's the crazy expensive one that my child has become totally fixated on. They are willing to borrow a fortune to go and nothing I say about not starting life in so much debt is sinking in. But I think that if I had put my foot down during the application process they would have looked elsewhere.
How will your kid be borrowing a fortune? Kids are only able to borrow around 5k a year. After that, it’s the parents borrowing.
Anonymous wrote:I should never have given in and let my child apply to a school that was beyond our financial means. Four of the school they applied to were within reach and one is close to $20K more a year. I honestly didn't think they'd get into the expensive one based on Naviance, and so I gave in. Well, they got in to all five and of course it's the crazy expensive one that my child has become totally fixated on. They are willing to borrow a fortune to go and nothing I say about not starting life in so much debt is sinking in. But I think that if I had put my foot down during the application process they would have looked elsewhere.
Anonymous wrote:After going through this with 2 kids recently, try to temper expectations. First DC feel in love with a SLAC and did not get in ED, ended up at an ivy by grace of luck and legacy, and is now happy there- but DC spent quite awhile disappointed by ED result.
Second DC was more open minded, and expecting to not be done until RD round. Without the ED pressure, second DC went EA to reach and was pleasantly surprised.
We all know the process is random and essentially a lottery, but believing it and letting your kids believe it is another thing, Try to get that message across to your kids going through this (and to yourself as well).