Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We approached the cost of college similarly to another major life purchase: the cost of a home. We chose a home inside the beltway, with access to great public schools, in a safe neighborhood, close to kids’ ECs, jobs, and our friends - and we paid a premium for it. Was it worth it to us? Absolutely. Similarly, we could have paid less in-state for a college that wouldn’t deliver nearly the same experience or quality of education. We have the money, so our question was whether it was worth the additional expense to send our kid to the school she loved, with the right programs and supports (she has LDs), in a smaller environment where she would thrive. Absolutely.
the difference is that your home value almost certainly appreciated while you raised your kids.
You didn't even mention whether that more expensive school would allow for higher income after graduation
We absolutely considered ROI so far as anyone can without a crystal ball. The OOS option is MUCH higher ranked than the IS option in both USNWR and Forbes, with 30% higher salaries 10 years after graduation, top 10 for internships and career placement in the field she wants now (and others she may consider in the future), and a stronger alumni network.
But are the salaries "really higher"? Or is it because the graduates live in a differing cost of living areas? Because graduates in Boston make more than even those in the Chicago area, as Boston is a higher COLA. So you need to actually be comparing apples to apples
True. Graduates from San Jose State U, which is a B rated state u in the CSU system in CA, who major in CS can get "high" paying jobs, except it's not that high paying if you live in Silicon Valley.
FWIW, I went to SJSU for CS, but moved out of the Bay Area after having kids due to the hcol. I still get paid SV wages, though because I work remotely. But, if I were to get paid based on this area's locality, the pay would be lower.