Anonymous wrote:

Anonymous wrote:

Anonymous wrote:we were in the similar situation this year. We chose full ride to UVA. The child got some financial aid from two Ivy colleges. We are middle-upper middle class, but we saved only for the in-state tuition for each child. To send her to Ivy with financial aid would mean either to take loans for additional $15-20k per year, or to re-mortgage our fully paid house. We went back and forward many times, discussed it with two different financial advisors, and decided to go UVA.

I know several rich families in this area (fully paid houses that costs 1,5-2.5 mil), stable jobs and still sending their children to state college. For me, as a middle class parent, it is a good indicator how rich people invest money.

Contrary, we went to both Ivies to the admitted student days, one was a two day with overnight stay. There were a lot of stressed parents who are taking huge loans, a lot of them look like immigrants/or first generation americans. My child stayed with a kid who's parents took loans and paying them while child is in the school. My kid decided that she doesn't want to put any financial stress on us when we have a free option.

Yet, the stressed out families return the next year and the next year. Obviously, they feel as though their kid is getting an extraordinary education that will set them apart from the rest.

The writer of this article has managed to land herself a tenured spot at a university w/o having a PHD. There is value to these ivy educations.

There are tons of Ivy graduates with master's who cannot get teaching jobs, let alone, tenured positions at state universities. You can't be serious she got tenured because of her undergraduate ivy degree. Absolutely not.

Anonymous wrote:

Anonymous wrote:we were in the similar situation this year. We chose full ride to UVA. The child got some financial aid from two Ivy colleges. We are middle-upper middle class, but we saved only for the in-state tuition for each child. To send her to Ivy with financial aid would mean either to take loans for additional $15-20k per year, or to re-mortgage our fully paid house. We went back and forward many times, discussed it with two different financial advisors, and decided to go UVA.

I know several rich families in this area (fully paid houses that costs 1,5-2.5 mil), stable jobs and still sending their children to state college. For me, as a middle class parent, it is a good indicator how rich people invest money.

Contrary, we went to both Ivies to the admitted student days, one was a two day with overnight stay. There were a lot of stressed parents who are taking huge loans, a lot of them look like immigrants/or first generation americans. My child stayed with a kid who's parents took loans and paying them while child is in the school. My kid decided that she doesn't want to put any financial stress on us when we have a free option.

Yet, the stressed out families return the next year and the next year. Obviously, they feel as though their kid is getting an extraordinary education that will set them apart from the rest.

The writer of this article has managed to land herself a tenured spot at a university w/o having a PHD. There is value to these ivy educations.

Anonymous wrote:

Anonymous wrote:we were in the similar situation this year. We chose full ride to UVA. The child got some financial aid from two Ivy colleges. We are middle-upper middle class, but we saved only for the in-state tuition for each child. To send her to Ivy with financial aid would mean either to take loans for additional $15-20k per year, or to re-mortgage our fully paid house. We went back and forward many times, discussed it with two different financial advisors, and decided to go UVA.

I know several rich families in this area (fully paid houses that costs 1,5-2.5 mil), stable jobs and still sending their children to state college. For me, as a middle class parent, it is a good indicator how rich people invest money.

Contrary, we went to both Ivies to the admitted student days, one was a two day with overnight stay. There were a lot of stressed parents who are taking huge loans, a lot of them look like immigrants/or first generation americans. My child stayed with a kid who's parents took loans and paying them while child is in the school. My kid decided that she doesn't want to put any financial stress on us when we have a free option.

Your post makes it sound like you have something negative to say about immigrants and first generation americans. The fact of the matter is immigrants and first generation americans are making a rational choice going for the ivy because people such as them benefit from the networks and opportunities opened up by the ivy league whereas those that've been here for multiple generations might not need the same help.

Anonymous wrote:we were in the similar situation this year. We chose full ride to UVA. The child got some financial aid from two Ivy colleges. We are middle-upper middle class, but we saved only for the in-state tuition for each child. To send her to Ivy with financial aid would mean either to take loans for additional $15-20k per year, or to re-mortgage our fully paid house. We went back and forward many times, discussed it with two different financial advisors, and decided to go UVA.

I know several rich families in this area (fully paid houses that costs 1,5-2.5 mil), stable jobs and still sending their children to state college. For me, as a middle class parent, it is a good indicator how rich people invest money.

Contrary, we went to both Ivies to the admitted student days, one was a two day with overnight stay. There were a lot of stressed parents who are taking huge loans, a lot of them look like immigrants/or first generation americans. My child stayed with a kid who's parents took loans and paying them while child is in the school. My kid decided that she doesn't want to put any financial stress on us when we have a free option.

Anonymous wrote:we were in the similar situation this year. We chose full ride to UVA. The child got some financial aid from two Ivy colleges. We are middle-upper middle class, but we saved only for the in-state tuition for each child. To send her to Ivy with financial aid would mean either to take loans for additional $15-20k per year, or to re-mortgage our fully paid house. We went back and forward many times, discussed it with two different financial advisors, and decided to go UVA.

I know several rich families in this area (fully paid houses that costs 1,5-2.5 mil), stable jobs and still sending their children to state college. For me, as a middle class parent, it is a good indicator how rich people invest money.

Contrary, we went to both Ivies to the admitted student days, one was a two day with overnight stay. There were a lot of stressed parents who are taking huge loans, a lot of them look like immigrants/or first generation americans. My child stayed with a kid who's parents took loans and paying them while child is in the school. My kid decided that she doesn't want to put any financial stress on us when we have a free option.

Anonymous wrote:May be she's still paying her loan.

Anonymous wrote:

Anonymous wrote:Just saw this online today - sort of interesting perspective although she lost me at the end. It's about a woman who chose between a full ride to U of Florida and some assistance (but not a lot) at Cornell. She's an adult now and reflecting on her choice.

https://mobile.nytimes.com/2018/04/28/opinion/sunday/college-debt-choices.html?action=click&module=Opinion&pgtype=Homepage

What she is saying is that the braces made her teeth straighter, but she is who she is, regardless.