Anonymous wrote:For donut hole families with high achieving kids this is increasingly becoming a common choice. The cost of elite private universities, which is going to top $100,000 a year soon, is a strain for many upper middle class families. Two kids. $800,000. And when you consider that the type of kid who is getting into Harvard or Duke is likely also being offered considerable merit and even full rides from their state flagships it becomes a fairly easy decision. Many families will take the free ride or the heavy discount over Harvard. And then use the savings for grad school or a down payment or whatever. That's a very reasonable choice.
Anonymous wrote:I did that. Not quite Harvard, but turned down Duke, Cornell, and Dartmouth engineering to go to UMD. It was the decision between graduating debt free or $100k+ in debt.
Ironically at my first job my cube mate came from Yale, so I'm not sure it made much of a difference in the end. Part of me still wonders "what if?" 20 years later, but I'm not sad with how my life turned out.
Anonymous wrote:For my family, if we were choosing between in-state UVA with some aid and Harvard full-pay or close to it, it would be very hard to turn down UVA.
Luckily, we will never face that dilemma. 😂
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It isn’t always worth it for a family to put a huge stress on their finances for an impressive school. UVA produces very successful students and was likely much cheaper. I get it. The Ivy brand isn’t necessarily a good purchase if you, say, hurt your retirement.
UVA is barely top 25 and they are very weak in STEM and CS. It doesn’t attract top students.
Hey, guess what? There are many other majors that aren’t STEM or CS. And UVA is very strong in a lot of them.
If you’re majoring in something that will likely require a PhD to get a decent job, it absolutely makes sense to go to a cheaper, but still solid, undergraduate school. With the right preparation from highly-qualified faculty, a top graduate program is entirely possible—and you’re less likely to be starting out in debt.
Stop feeding the barley 25 not strong in STEM and CS troll please.
The truth doesn't care about your feelings.
Anonymous wrote:Anonymous wrote:Fall in the donut group, money could be an issue especially with multiple kids in college
They probably do fall into the donut group. Both parents are professionals but I don’t think they make $$$.
Anonymous wrote:For donut hole families with high achieving kids this is increasingly becoming a common choice. The cost of elite private universities, which is going to top $100,000 a year soon, is a strain for many upper middle class families. Two kids. $800,000. And when you consider that the type of kid who is getting into Harvard or Duke is likely also being offered considerable merit and even full rides from their state flagships it becomes a fairly easy decision. Many families will take the free ride or the heavy discount over Harvard. And then use the savings for grad school or a down payment or whatever. That's a very reasonable choice.
Anonymous wrote:Anonymous wrote:Harvard is expensive
Not everyone likes Harvard or feel it is a fit for them
UVA is a great school
One data point does not make a trend or norm
Then why did this person apply to Harvard ?
Anonymous wrote:Anonymous wrote:Anonymous wrote:It isn’t always worth it for a family to put a huge stress on their finances for an impressive school. UVA produces very successful students and was likely much cheaper. I get it. The Ivy brand isn’t necessarily a good purchase if you, say, hurt your retirement.
UVA is barely top 25 and they are very weak in STEM and CS. It doesn’t attract top students.
Wrong. UVa attracts plenty of top students. My kid being one. Echols scholar. Top stats, valedictorian of very large public, long-term strong ECs/volunteering, niche sport (& captain), part-time job, orchestra, and more. Solid all around and extremely likable. Kid is very happy at UVa.
Anonymous wrote:Anonymous wrote:It isn’t always worth it for a family to put a huge stress on their finances for an impressive school. UVA produces very successful students and was likely much cheaper. I get it. The Ivy brand isn’t necessarily a good purchase if you, say, hurt your retirement.
UVA is barely top 25 and they are very weak in STEM and CS. It doesn’t attract top students.
Anonymous wrote:Anonymous wrote:I did that. Not quite Harvard, but turned down Duke, Cornell, and Dartmouth engineering to go to UMD. It was the decision between graduating debt free or $100k+ in debt.
Ironically at my first job my cube mate came from Yale, so I'm not sure it made much of a difference in the end. Part of me still wonders "what if?" 20 years later, but I'm not sad with how my life turned out.
+1
There are Googlers who graduated from top tier who work along side state u grads. I worked with someone from Cornell; I graduated from no name state u.
Anonymous wrote:A lot of people do this for financial reasons. I know several who turned down Ivies for University of Florida. The financial savings is HUGE.