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<p>That would tip it into the “cannot do” catagory for me. Those assets are for retirement or a true emergency. Tuition is not an emergency.</p>
<p>What is this student planning on studying? What is the earning potential in that field? Is Cornell a top school in that subject? Also, is this student looking at graduate school? It may be a far better investment to save for this students grad school than live like paupers to pay the huge bills for an Ivy undergrad degree. </p>
<p>I’m still puzzled as to why it’s down to these two schools. A student who could get into Cornell is a good canidate for a lot of other schools for merit aid. Or even without merit aid, they could easily find colleges that simply cost less.</p>