Anonymous wrote:Anonymous wrote:Anonymous wrote:Depends on the school and the kid but yes, can definitely be worth it. DH and I met at MIT. For two regular middle class kids, the education, network and brand of the school profoundly changed our lives. I had full ride opportunities at other good schools so it was a huge sacrifice for my parents (who have never made more than 200K HHI in a very expensive California coastal region) to pay out of pocket for at the time. But now 15 years later, we all agree it was worth it.
Why wouldn’t you just take the full ride at another good school, pocket and invest the tuition savings, and then get a Ph.D., S.M., or other graduate degree from MIT? This is what most smart people do. If you’re good enough to get accepted as an undergraduate, you should be good enough to get a fully covered graduate degree as well. Then, you have a more useful and prestigious degree from MIT as well as hundreds of thousands in tuition savings.
Anyone smart enough to get into MIT would be smart enough to perform this very straightforward analysis.
Especially since PP lived in coastal California and could have easily gone to Berkeley for a fraction of the cost of MIT. And then still gone to MIT for free as a grad student. What a dummy.
Anonymous wrote:Not for a pre-professional program. Save the money for MCAT/LSAT training and tell your kid to stand out on campus at the state U.
Anonymous wrote:Anonymous wrote:Name the school.
Not relevant. It's top 20'ish. People are too biased one way or the other when they see any particular school's name.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Depends on the school and the kid but yes, can definitely be worth it. DH and I met at MIT. For two regular middle class kids, the education, network and brand of the school profoundly changed our lives. I had full ride opportunities at other good schools so it was a huge sacrifice for my parents (who have never made more than 200K HHI in a very expensive California coastal region) to pay out of pocket for at the time. But now 15 years later, we all agree it was worth it.
Why wouldn’t you just take the full ride at another good school, pocket and invest the tuition savings, and then get a Ph.D., S.M., or other graduate degree from MIT? This is what most smart people do. If you’re good enough to get accepted as an undergraduate, you should be good enough to get a fully covered graduate degree as well. Then, you have a more useful and prestigious degree from MIT as well as hundreds of thousands in tuition savings.
Anyone smart enough to get into MIT would be smart enough to perform this very straightforward analysis.
As someone who many moons ago did make this exact straightforward analysis and then execute on it, I can agree it’s a good way forward for some. That being said, might I suggest a careful reading of the OP? The OP’s student is going on to medical or related graduate school. Generalizing beyond the OP, MIT grads may not go to STEM grad school. If they do, they may not know that is their path so at the end of their senior year in high school. So your analysis has some huge holes for large parts of the MIT undergrad population.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Depends on the school and the kid but yes, can definitely be worth it. DH and I met at MIT. For two regular middle class kids, the education, network and brand of the school profoundly changed our lives. I had full ride opportunities at other good schools so it was a huge sacrifice for my parents (who have never made more than 200K HHI in a very expensive California coastal region) to pay out of pocket for at the time. But now 15 years later, we all agree it was worth it.
Why wouldn’t you just take the full ride at another good school, pocket and invest the tuition savings, and then get a Ph.D., S.M., or other graduate degree from MIT? This is what most smart people do. If you’re good enough to get accepted as an undergraduate, you should be good enough to get a fully covered graduate degree as well. Then, you have a more useful and prestigious degree from MIT as well as hundreds of thousands in tuition savings.
Anyone smart enough to get into MIT would be smart enough to perform this very straightforward analysis.
As someone who many moons ago did make this exact straightforward analysis and then execute on it, I can agree it’s a good way forward for some. That being said, might I suggest a careful reading of the OP? The OP’s student is going on to medical or related graduate school. Generalizing beyond the OP, MIT grads may not go to STEM grad school. If they do, they may not know that is their path so at the end of their senior year in high school. So your analysis has some huge holes for large parts of the MIT undergrad population.
Anonymous wrote:Anonymous wrote:My guess is it's Michigan. That's what I pay for tuition, and I know it's $20K more annually than the lower-ranked publics.
What I know from friends who have kids trying to get to medical school (post-grad) is it's brutal, and several have said it's no guarantee. These kids went to top schools and are dynamite. So, I'm not sure that Michigan, or equivalent, is going to move the needle on med school. If it's a stretch, and you want to pay for medical school, then tell your kid to pick a less expensive school. There are so many excellent schools ranked 50-100, which is where my other kids will go.
Two DC kids I know are trying to establish residency in other states to help with med school admissions. This would significantly lower cost (should they be able to get into public med school in that state).
Finally, I think there's a thread in the college forum that shows which schools med schools draw from.
Ok, but someone else upthread raised a school that is outside the top 100. WHat about a school like that? Do you still have the same opinion?
Anonymous wrote:Anonymous wrote:not worth it. better for kid to inherit the delta between the middling private school and a public school with interest compounded over time. no one cares about the no name privates. if you are phenomenally wealthy, it's a different story.
I lean this way too. But is it really true that a kid from Roanoke College has the same opportunity to get into med/PA/Law/PT/Dental/Pharm school as a kid from BU/Villanova/Cornell/Colgate/Ivies?
And I'm not trashing Roanoke (which is why I hate the "name the schools" comments on here and the college board) but I think most on here would argue that it is a diff tier school than the others.
You think the grad school AO's REALLY don't care about that????
Anonymous wrote:Anonymous wrote:Depends on the school and the kid but yes, can definitely be worth it. DH and I met at MIT. For two regular middle class kids, the education, network and brand of the school profoundly changed our lives. I had full ride opportunities at other good schools so it was a huge sacrifice for my parents (who have never made more than 200K HHI in a very expensive California coastal region) to pay out of pocket for at the time. But now 15 years later, we all agree it was worth it.
Why wouldn’t you just take the full ride at another good school, pocket and invest the tuition savings, and then get a Ph.D., S.M., or other graduate degree from MIT? This is what most smart people do. If you’re good enough to get accepted as an undergraduate, you should be good enough to get a fully covered graduate degree as well. Then, you have a more useful and prestigious degree from MIT as well as hundreds of thousands in tuition savings.
Anyone smart enough to get into MIT would be smart enough to perform this very straightforward analysis.
Anonymous wrote:Anonymous wrote:My guess is it's Michigan. That's what I pay for tuition, and I know it's $20K more annually than the lower-ranked publics.
What I know from friends who have kids trying to get to medical school (post-grad) is it's brutal, and several have said it's no guarantee. These kids went to top schools and are dynamite. So, I'm not sure that Michigan, or equivalent, is going to move the needle on med school. If it's a stretch, and you want to pay for medical school, then tell your kid to pick a less expensive school. There are so many excellent schools ranked 50-100, which is where my other kids will go.
Two DC kids I know are trying to establish residency in other states to help with med school admissions. This would significantly lower cost (should they be able to get into public med school in that state).
Finally, I think there's a thread in the college forum that shows which schools med schools draw from.
Ok, but someone else upthread raised a school that is outside the top 100. WHat about a school like that? Do you still have the same opinion?
Anonymous wrote:Anonymous wrote:My guess is it's Michigan. That's what I pay for tuition, and I know it's $20K more annually than the lower-ranked publics.
What I know from friends who have kids trying to get to medical school (post-grad) is it's brutal, and several have said it's no guarantee. These kids went to top schools and are dynamite. So, I'm not sure that Michigan, or equivalent, is going to move the needle on med school. If it's a stretch, and you want to pay for medical school, then tell your kid to pick a less expensive school. There are so many excellent schools ranked 50-100, which is where my other kids will go.
Two DC kids I know are trying to establish residency in other states to help with med school admissions. This would significantly lower cost (should they be able to get into public med school in that state).
Finally, I think there's a thread in the college forum that shows which schools med schools draw from.
Ok, but someone else upthread raised a school that is outside the top 100. WHat about a school like that? Do you still have the same opinion?
Anonymous wrote:My guess is it's Michigan. That's what I pay for tuition, and I know it's $20K more annually than the lower-ranked publics.
What I know from friends who have kids trying to get to medical school (post-grad) is it's brutal, and several have said it's no guarantee. These kids went to top schools and are dynamite. So, I'm not sure that Michigan, or equivalent, is going to move the needle on med school. If it's a stretch, and you want to pay for medical school, then tell your kid to pick a less expensive school. There are so many excellent schools ranked 50-100, which is where my other kids will go.
Two DC kids I know are trying to establish residency in other states to help with med school admissions. This would significantly lower cost (should they be able to get into public med school in that state).
Finally, I think there's a thread in the college forum that shows which schools med schools draw from.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Is it worth it vs. a no name school (like waaaaaaay down the USNWR tiers)? For a name brand school, not ivy (I'm leaving those out of this as people get irrational about ivies). Kid was admitted.
For a pre-grad school track (med or other health path) where you'll likely have $300K plus tuition on the line. 529 won't cover all of that, not even close. Does the school matter? Does the "Brand" help grad admissions? What is it I'm buying for that $50K delta in tuition?
I hate to have kid say no b/c of money but . . . posting in money b/c it's about the money. But the college name is relevant too, I guess.
NO, it's not. My own SLAC (once had a great reputation but no longer - went woke dei and destroyed the college's fiber) is NOT WORTH $86K a year. Be sensible people? Just because a college can ask that figure does not mean that it is a sensible financial decision!
You are raising different, and highly charged, political opinions. And those are not relevant to this discussion. You're opinion is noted but really outside the discussion.
Anonymous wrote:Anonymous wrote:not worth it. better for kid to inherit the delta between the middling private school and a public school with interest compounded over time. no one cares about the no name privates. if you are phenomenally wealthy, it's a different story.
I lean this way too. But is it really true that a kid from Roanoke College has the same opportunity to get into med/PA/Law/PT/Dental/Pharm school as a kid from BU/Villanova/Cornell/Colgate/Ivies?
And I'm not trashing Roanoke (which is why I hate the "name the schools" comments on here and the college board) but I think most on here would argue that it is a diff tier school than the others.
You think the grad school AO's REALLY don't care about that????