Anonymous wrote:Stanford- I would find a way to come up with the difference between what you can pay annually - 55K and the tuition cost of $80K. Stanford degree opens doors for a lifetime.

Maybe. I find it hard to believe that one's graduate degree, one's work experience and work history aren't more important after about 5 years in the workforce.

If one earns a law degree or an MBA or a medical degree, the undergrad degree from Stanford has little to no value.

The Stanford undergraduate degree is most valuable for one who does not go to grad school or to a professional school.

Kid got into Emory. We have to turn it down because we got no aid. I wish they would give my kid some.

I agree that if you are seriously considering Emory and would go with a fully free ride, you should push for the additional $$ by disclosing the Stanford admission. I would not be surprised that if you said you'd enroll for $15-20k/year that they could make it happen.
Stanford is an awesome place and I loved my time on campus but everything isn't equal here with your personal situation. If you can afford Stanford, I can't recommend it enough though and your kid will have a slight advantage getting into Stanford's top 2-3 law school.

Stanford- I would find a way to come up with the difference between what you can pay annually - 55K and the tuition cost of $80K. Stanford degree opens doors for a lifetime.

For one who is likely to attend grad school or professional school, Emory University is a very attractive option at $20,000 per year versus $80,000 per year for Stanford.

The play here is not asking Stanford for money simply because they are not going to give you any if you do not qualify for financial aid.

The correct approach in this situation is to ask Emory University to make the decision for your family.

If Emory is requiring $20,000 per year, then Emory can move $20,000 a year in your direction to buy your son away from Stanford.

If Emory grants an additional $20,000 per year, then the difference becomes $320,000 and Emory becomes a stress free lifestyle for all involved.

If Emory says no more money, then the College Gods will have spoken & you can rest assured that Stanford University is the better option.

You're welcome in advance.

Anonymous wrote:DS has the privilege of getting into Stanford and Emory with a full tuition scholarship. Stanford is full cost of attendance at about 80k, while Emory would be around 20k. We can only afford 55k a year and DS would have to figure out the rest. Of course we don't want to pay that if we don't have to. DS is undecided for Stanford but is interested in econ and Polisci. He would major in business at Emory and another major. DS really likes Emory after visiting, but is Stanford's prestige really worth that much more over Emory?

I think if your kid really wants Stanford, I'd try to make it happen. It's a stretch but it's not unobtainable. $80 - $55 = 25K that needs to be found. $5500 for freshman year can come from federal loans which leaves around $20K that needs to be found. For $20K, I'd look at a home equity loan, side hustle, reaching out to grandparents for assistance, maybe trying to cash flow a few thousand. I don't know your financial situation and maybe none of these are options. On your son's side, he can look for a work study job on campus; he also should be able to make $5K over the summer. I would also reach out to the FA office and see if there is anything they can do. $5 or $10K would go a long way to closing that $25K gap.

Emory. Bank money for grad school or place to live. Emory is a very selective school. Not Stanford. But if money matters and it does to you, Emory all the way.

The truth is that your kid just may never get into a great law school, or will completely abandon the idea of grad/professional school. Who knows?

But Stanford is right there.

Anonymous wrote:I'm old fashioned and grasp that its a ton of money, but a lifetime of Stanford prestige and connections would be worth the extra expense to me. Emery is an excellent school but a Stanford degree would provide a lifetime of unexpected benefits. And no, I didn't go to either school.

Old fashioned as in college costs 10k and a house 100k?

At least call Stanford financial aid to plead your case. It can't hurt.

I'm old fashioned and grasp that its a ton of money, but a lifetime of Stanford prestige and connections would be worth the extra expense to me. Emery is an excellent school but a Stanford degree would provide a lifetime of unexpected benefits. And no, I didn't go to either school.

Anonymous wrote:This is same woman who posted uva vs Stanford . Your kid wants law go with cheapest option

I am not that woman PP.

This is same woman who posted uva vs Stanford . Your kid wants law go with cheapest option

If the kid wants Stanford I would do everything possible to make it happen. There is a lot of lifetime value in being a Stanford grad.

Anonymous wrote:

Anonymous wrote:For which program? Chemistry would be a toss up. Nursing would be Emory. Etc

I think OP is more focused on the overall brand

He's undecided but likes polisci and econ. So hopefully law so the ROI would be worth it. For Emory he would have to do business to get the scholarship, which is fine with me. He can double major if he really wants to.

No point in Stanford over Emory if goal is law school. Save the money for law school where name/rank matter more.