<p>I think it is definitely worth it to go into a moderate amount of debt to send your child to an Ivy League school. An Ivy League degree usually means that you will write your own ticket once you graduate, so your son will most likely get a very good job out of college and be able to assist you in paying off loans.</p>
<p>My parents and I recently had this discussion about Columbia’s tuition. They make somewhere between the upper $100,000s and low $200,000s and Columbia still awarded me about half of the tuition in my financial aid package, so I wouldn’t worry about it too much if I were you.</p>