2 ways I could see the coworkers answer is true. Kid gets a $500 scholarship each semester, then no not paying full freight but not really getting price down. Kids lives in a house and pays really cheap rent, cheaper then dorm. Again slightly overreaching in the paying less brag, but still true.

Agreed, the coworker is an idiot and is making up shit. This isn’t a hotel room with a rack rate.

Anonymous wrote:We have an HHI a bit under $200k but our house has gone up in value from $600k when we bought it to nearly $1M, so we are donut hole and very much unlikely to get aid in a couple years, and W&M is one that DC is currently quite interested in (in 10th, so things could change). It’s a little scary, honestly.

Didn’t you save for your DC’s college? I don’t get posts like this! W&M shouldn’t be a stretch for someone making almost $200,000, even if you have to cash flow part of it.

I am in instate and about 300K HHI and yes we pay what is listed for tuition. That being said, they also list travel expenses, books and other things that we generally do not have to budget for. So the tuition is a hard yes, that is what it is, but everything else after first year at least is not necessarily. My kid will be living in a house next year that costs $550/room, so he will be paying less than is estimated for room & board. Others pay ver $1000 per month for a room, so there are areas you can reduce the costs, but the tuition is the tuition.

Anonymous wrote:Yes you’re paying list price at UVA.

And it is a bargain.

And you aren’t in a “donut hole.” Don’t make me laugh.

We have an HHI a bit under $200k but our house has gone up in value from $600k when we bought it to nearly $1M, so we are donut hole and very much unlikely to get aid in a couple years, and W&M is one that DC is currently quite interested in (in 10th, so things could change). It’s a little scary, honestly.

Anonymous wrote:I have seen what UVA posts as their tuition and room/board on their website. A co-worker of mine, who is in the same donut hole that I'm in for college, said that colleges just have that as list price but no one pays list price, except for maybe foreign students. It got me thinking and I want to ask, if your son or daughter goes to UVA, and you make over $300k, do you pay list price (what UVA posts on their website) or do you pay a lesser amount?

Curious minds want to know!

$300k HHI is not “donut hole”. You have had nearly two decades to save. College tuition is not a surprise and is not meant to be cash flowed.

Anonymous wrote:

Anonymous wrote:I have seen what UVA posts as their tuition and room/board on their website. A co-worker of mine, who is in the same donut hole that I'm in for college, said that colleges just have that as list price but no one pays list price, except for maybe foreign students. It got me thinking and I want to ask, if your son or daughter goes to UVA, and you make over $300k, do you pay list price (what UVA posts on their website) or do you pay a lesser amount?

Curious minds want to know!

The business of showing a 'fake' list price and offering a discount to get you a 'real' price is something only private colleges that pretend to be selective do. Publics do not have the bandwidth or necessity to do that. At that income level, you are paying list price.

This. Watch for the posts from people who say their kid got a big scholarship from those solid, but not really competitive colleges. Lots of private, but also some of the publics like Alabama and South Carolina. They’re trying to entice and make people feel special with “scholarships.”

It’s the JC Penny or Bed, Bath, & Beyond tactic.

Anonymous wrote:I have seen what UVA posts as their tuition and room/board on their website. A co-worker of mine, who is in the same donut hole that I'm in for college, said that colleges just have that as list price but no one pays list price, except for maybe foreign students. It got me thinking and I want to ask, if your son or daughter goes to UVA, and you make over $300k, do you pay list price (what UVA posts on their website) or do you pay a lesser amount?

Curious minds want to know!

Your co-worker sounds like an idiot. Tons of people pay list price at all colleges in the top 50-75. If you make over $300k, you are definitely paying list price at UVA.

Did this co-worker actually receive money from UVA or did she simply hear this fact somewhere?

Anonymous wrote:I have seen what UVA posts as their tuition and room/board on their website. A co-worker of mine, who is in the same donut hole that I'm in for college, said that colleges just have that as list price but no one pays list price, except for maybe foreign students. It got me thinking and I want to ask, if your son or daughter goes to UVA, and you make over $300k, do you pay list price (what UVA posts on their website) or do you pay a lesser amount?

Curious minds want to know!

The business of showing a 'fake' list price and offering a discount to get you a 'real' price is something only private colleges that pretend to be selective do. Publics do not have the bandwidth or necessity to do that. At that income level, you are paying list price.

Yes you’re paying list price at UVA.

Wait—- over $300k income without massive extenuating circumstances and you think you get need based aid for UVA? LOLOLOLOL

Time to seriously readjust your expectations on college cost.

WM parent here— so higher tuition. $300k pays full freight for in state tuition. For that matter, may well pay full freight for schools with tuition double UVA and even WM. Which is why state schools are in demand. It’s still less than half of some privates where $350k is also full pay.

I have seen what UVA posts as their tuition and room/board on their website. A co-worker of mine, who is in the same donut hole that I'm in for college, said that colleges just have that as list price but no one pays list price, except for maybe foreign students. It got me thinking and I want to ask, if your son or daughter goes to UVA, and you make over $300k, do you pay list price (what UVA posts on their website) or do you pay a lesser amount?

Curious minds want to know!