yes, absolutely. Pedigree of the school/university matters. It’s on your cv/resume for life. Also, the alumni network of other doctor friends will be vastly different.Anonymous wrote:My husband is a doctor and would be SO HAPPY if his kids wanted to continue in his footsteps - but they don't seem to want to. We're foreigners and not familiar with the medical school admission process in this country, though, beyond the fact that unlike in our home country, you don't start medical studies right out of high school. My question would be: will this student be at a disadvantage compared to his peers from an academic rigor or medical school admission standpoint, if his undergrad is at a no-name college?
Anonymous wrote:Anonymous wrote:In-laws, wife works part-time, husband is an MD. A super genuine and good family. They are upper middle class but I don't know if they're "rich." He's a first generation MD.
Their kids are great students and obsessed with becoming doctors like dad. It's obvious they are one of those families that somehow grooms their kids to become doctors. The oldest is a senior and has a free 100% full scholarship on the table to a regional hometown private college where they live (not DMV). Mom shared the other few colleges the oldest is applying to are Wash U, Hopkins, and Vanderbilt.
I'm just wondering the analysis $75K x 4 = $300K for undergrad vs. literally $0? I safely assume the teen will have a far better chance at a near 4.0 GPA at the regional college. That said, of course the competitiveness, experiences, and the all new friend group (and potential spouse, if we're being frank) you meet at a place like Wash U has value, too – but how much (extra) value?
I went to Wash. U. and took a premed weed-out class there. I got weeded out of my intended, non-premed major, but that was because I was cocky and lazy. The weed-out class itself was a big, pleasant class. I never really felt as if I was competing against the other students.
The premeds I knew who went to medical school were lovely people. So, if it’s really true that premeds at Johns Hopkins premeds are unpleasant, maybe that would be a reason to prefer Wash. U. over Johns Hopkins.
As for choosing between the local school and Wash. U.: If you have a kid who (after adjustments for socioeconomic status, test phobia, IQ test quality, weak testers, etc.) is the kind of kid who scores about 164 or up on a good IQ test, that kid really needs a T20, or the equivalent top liberal arts college program, or an equivalent state flagship honors program, because, unless that kid went to Stuyvesant or Thomas Jefferson, going to a top college is the only hope the kid will have of hanging out with many other equally bright kids.
The smartest kids at Wash. U. or Johns Hopkins are to a regular local college student what a regular local college student is to a kid in classes for children with severe learning disabilities.
If you had a kid with severe special disabilities, you’d hit up relatives and borrow what you could to give that kid a shot at a normal life.
I think parents should do the same for kids who are at the 164+ IQ level. If they’re in a program at the Wash. U. level or higher, maybe 5 percent to 10 percent of the kids they meet will be of comparable intelligence. They might be a little lonely even there, but at least they can go for four years without having to dumb down everything they say. They can experience the joy of having to work a little to get a good grade. I think it’s cruel for parents who could send a kid like that to a very selective school without big problems to try to save money by not doing that. Why do you have money if not to be able to give your kids a chance to flourish?
For regular bright kids, the local college might work just as well. The classes might not be quite the same, but, if the classes help kids like yours get good MCAT scores, they’re good enough. Regular great bright kids might get more faculty love, and regular bright students might have more time and energy for application-enhancing activities.
Anonymous wrote:My husband is a doctor and would be SO HAPPY if his kids wanted to continue in his footsteps - but they don't seem to want to. We're foreigners and not familiar with the medical school admission process in this country, though, beyond the fact that unlike in our home country, you don't start medical studies right out of high school. My question would be: will this student be at a disadvantage compared to his peers from an academic rigor or medical school admission standpoint, if his undergrad is at a no-name college?
Anonymous wrote:So we are in a somewhat similar position (father MD and kids want to follow). I think you’re crazy to think $300k is a drop in the bucket unless there are other factors. MDs don’t make nearly as much as you think and got a much later start on savings likely and/or heavy debt themselves.
The biggest advantage my husband will be able to give them is opportunities to shadow and research. It is now expected to have that before applying to med school (did not use to be). Those connections are far more valuable than anything else.
In the same situation (albeit different schools), my kid chose the full ride to a state school.
Anonymous wrote:In-laws, wife works part-time, husband is an MD. A super genuine and good family. They are upper middle class but I don't know if they're "rich." He's a first generation MD.
Their kids are great students and obsessed with becoming doctors like dad. It's obvious they are one of those families that somehow grooms their kids to become doctors. The oldest is a senior and has a free 100% full scholarship on the table to a regional hometown private college where they live (not DMV). Mom shared the other few colleges the oldest is applying to are Wash U, Hopkins, and Vanderbilt.
I'm just wondering the analysis $75K x 4 = $300K for undergrad vs. literally $0? I safely assume the teen will have a far better chance at a near 4.0 GPA at the regional college. That said, of course the competitiveness, experiences, and the all new friend group (and potential spouse, if we're being frank) you meet at a place like Wash U has value, too – but how much (extra) value?
Anonymous wrote:Anonymous wrote:In-laws, wife works part-time, husband is an MD. A super genuine and good family. They are upper middle class but I don't know if they're "rich." He's a first generation MD.
The analysis is wrong. If they are middle class - they are not paying $75K for Wash U.
Per US News: "The average need-based scholarship or grant awarded to first-year students at Washington University in St. Louis was $54,138."
Wash U is skewed wealthy - so if they really are upper middle class, I would expect that student would receive somewhere in the $50K package of aid.
I am not dismissing the estimated $25K for Wash U vs free. But the cost of $100K (and I assume they have saved something for college) vs $300K is materially different
Anonymous wrote:Anonymous wrote:In-laws, wife works part-time, husband is an MD. A super genuine and good family. They are upper middle class but I don't know if they're "rich." He's a first generation MD.
Their kids are great students and obsessed with becoming doctors like dad. It's obvious they are one of those families that somehow grooms their kids to become doctors. The oldest is a senior and has a free 100% full scholarship on the table to a regional hometown private college where they live (not DMV). Mom shared the other few colleges the oldest is applying to are Wash U, Hopkins, and Vanderbilt.
I'm just wondering the analysis $75K x 4 = $300K for undergrad vs. literally $0? I safely assume the teen will have a far better chance at a near 4.0 GPA at the regional college. That said, of course the competitiveness, experiences, and the all new friend group (and potential spouse, if we're being frank) you meet at a place like Wash U has value, too – but how much (extra) value?
The analysis is wrong. If they are middle class - they are not paying $75K for Wash U.
Per US News: "The average need-based scholarship or grant awarded to first-year students at Washington University in St. Louis was $54,138."
Wash U is skewed wealthy - so if they really are upper middle class, I would expect that student would receive somewhere in the $50K package of aid.
I am not dismissing the estimated $25K for Wash U vs free. But the cost of $100K (and I assume they have saved something for college) vs $300K is materially different
Anonymous wrote:I recently read that many people in this position (parent doctor, kid wants to be a doctor) are choosing state schools because their EFC makes them full-pay, but they want to save money for medical school.
It's just a matter of what experience the kids wants and what they can afford.
My whole family are doctors so I know very firsthand that doctor does not equal rich.