<p>I am a highly competative highschool senior at a public school in Los Angeles. Since I was in 9th grade I have had my sights set on Yale, however, as I get closer to applications my dream of going there is seeming less and less likely to come true. While I don't doubt I could get in the issue of money is continually brought to my attnetion. I am what is considered upper middle class and as such will not recieve any financial aid. My parents, however, have informed me they can't pay full tuition. My mother has even refused to help me take out loans because there are other schools that would give me up to full tuition. My father has offered to allow me to take the extra $20,000/year in loans but I am wondering if it is worth it? Though Yale is my dream should I simply go to Emory or Duke instead or should I take out the loans? There is also the very real possibility that I won't get into Yale in which case I suppose this question would resolve itself.</p>
<p>I had my sights on a top school from 9th to 11th grade before I realized it didn't offer anything I wanted to study. Maybe you should research the school more and find a good fit instead of a good name. You might find some where you like more and fits the budget.</p>
<p>the reason for my interest in Yale isn't only based on the name. I have researched it alot and while the name is part of my reason the strong rate of people who get into medical school, the residential collge system, and other considerations have also led to my interest in it.</p>
<p>Yale's my #1 as well, but my father makes 80k a year for three college-bound kids. My ray of hope is that Yale has a huge endowment, and will give as much money as you need (note, need, not would like"). But I might not get it. If you can't afford it, don't sweat it. You'll have a great time wherever you go, within reason. I'll probably go to IUB because I'm up for a full ride.</p>
<p>All you can do is apply and wait for the fin. aid package. I'm on the side that 20k in loans will really hurt you in the long run. You don't want to be aplying for med school with 80k in loans :eek:. It's really not a good sitaution, but that's just my view.</p>