Another thing to consider is inflation. Fortunately tuition hikes are slowing down, but ND at 4.18% increase annually on average over the past 4 years (■■■■■■■■■■) and tOSU at 2.61% translates to $295,474 for ND and $84,351 for tOSU over 4 years. Not quite 4x as expensive - but 3.5 times. ND is actually very smart with their money (buildings are paid for via commitments before they break ground as an example) but they find themselves in a race war with other top schools for top grads, with no state aid and too small of a student body. They recently reached out to grads on our thoughts. I think they need to grow very gradually over 10-15 years to double their undergrad population to support the billions they have added in facilities that need to be staffed, heated, and maintained. If their mission is to be a country club, keep doing what they are doing- smaller, smarter, more and more exclusive. But if their mission is to make an impact, the world will be better off with more ND grads.