<p>“To “impress the people from old country” I should probably descripe myself as affluent and rich.”</p>
<p>Perhaps you might want to consider that there’s no point in impressing the people from the old country in the first place. You have over double the US average income; you are upper middle class by anyone’s standards. </p>
<p>“At one period, I was considering LAC as an option. However, I have a very difficult time understand the concept of LAC. More importantly, DS has not shown any interest in LAC.”</p>
<p>He’s not shown an interest in them because he probably has only heard about HYP and similar schools between you and your dd’s search. They are undergraduate focused. They won’t have business schools, law schools or medical schools. That’s all. Many have just as much prestige (not among the common person, but among people who know better) as the top schools, and they offer more personalized attention. FWIW, my biggest personal regret is that I myself looked only at universities and not LAC’s.</p>