<p>My son was accepted to LSP for the fall. S was offered a small "scholarship" (10,000 per year) and the difference needed to be made up through us and loans....A LOT of loans. Because we have two other kids in college and many major home maintenance projects that must be done, S decided to go to another school. He/we just couldn't figure out how he could ever pay back the large loans after school. S was luckily accepted all all good schools, but NYU was his top choice, by far. He will be attending a well regarded state school (out of state) with a really decent scholarship. Perhaps if S knew he wanted to major in a field where he could make a good salary after graduation, the decision would have been different, but he is not sure what he wants to study.</p>
<p>I am feeling torn ever since the decision was made (I don't mention it to my son). Logically, I know we made the right decision financially, but my heart tells me different, that it was a mistake for him not to go to NYU. I feel guilty that he could not go to his top choice school and guilty that I even allowed him to apply to NYU to begin with. We did tell him up front that unless NYU gave him a good amount of financial aid, he would not be able to attend, but still...the guilt remains.</p>
<p>S knows that transferring to NYU in a year and a half or two years is a possibility since by then the other two kids will have finished college and we will have more funds available. I do not "talk up" NYU or "talk down" the state school. Who knows? He may end up loving the state school and never want to leave!</p>
<p>I am hoping people can share their thoughts, experiences and insight with me. Do you think he has a "real" shot of getting back into NYU as a transfer (granted he does well at the state school)? I am really hoping he didn't lose his only chance to attend NYU.</p>
<p>Thank you for your thoughts.</p>