<p>I don't think so! We make enough that we'll have to pay full freight but we are most certainly not rich. Still both working hard, saving for retirement, trying to pay off the mortgage (which wasn't extravagant to begin with), trying to raise kids and still eat out once a week, drive older cars, and about every other year have a one-week vacation. How did we get in this supposedly enviable position? Really, really hard work. No Ivy pedigrees, just state U backgrounds. Certainly no inheritance to speak of. Yet nonetheless we find ourselves lumped in with the hedge fund managers! Can we pay private college tuition? Yes, but with considerable pain and huge temptation to have our kids who are very strong academically take merit scholarships at lower prestige schools so that some day we can still help them with graduate school and maybe even leave them a little something when we're gone. Here's what I think is unfair -- parents I know who quit college before us and didn't put up with the poverty of grad school, went into obviously low income fields, and maybe hurried home every night to coach teams while we worked, or maybe kept mom home for the kids -- they are now in the very enviable position of having their kids not having to consider college cost at all. AT ALL. That means even if they're profile is less strong than my kids, they will be more likely to apply to elite schools than my kids. Is something wrong here? Yeah. On the flip side, the kids of the truly rich have, of course, no need to fret the tuition. They have real wealth! They have "money in their family." By sending my kids to school with their kids, my kids will certainly never "have money in their family." Their money will go to HYP.</p>
<p>I think if colleges are going to claim to be "Need Blind" and they have enormous endowments then EVERY admitted kid should go free. Otherwise, they are going to end up with truly rich kids and truly poor kids and only the kids of parents with questionable sanity in between. JMHO.</p>