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It is as rare as hen's teeth. True merit-only full rides are 1 in a 1000.
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I didn't see them mention it being a merit-only full ride anywhere. Did you? I know MANY people getting full rides to local state schools based on financial need.</p>
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There are simply WAY too many alternative uses (many of them life altering) for $160,000.
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And if you had access to that money, for personal use, or even up front AT ALL, then i think a lot more people would make a 160k investment and go to the local state school. But the truth of the matter is, for most families, that money will come from loan, after loan, after loan. (and if you do have access to it, then it's probably not as big of an issue) Many of which you may not even be entitled to if it wasn't towards school. The point is, the money isn't there for you to invest if you turn down the school.</p>
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He chose and is now attending what he originally considered his ‘safety’. It is a large state university which is ranked in the top 25 of all the majors in which he is interested.
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Is top 25 really a safety? I always thought safety meant, mediocre, affordable, usually in-state state school, etc.</p>
<p>Anyway, I've been facing this very question; while maybe not so well defined, similar non the less. I finally made my choice that attending the top university would be better for one reason. The intellectual stimulation. I may be intelligent enough, but i need to be driven, otherwise i will skim by in a heartbeat. I won't find that kind of motivational pressure/stress at a lesser school. Of course, the occasional teacher will be wonderfull at a lesser school, but what you are paying for at the top is less about the name and more about surrounding yourself by the top minds in the country.</p>
<p>Don't get me wrong, i'm not saying that you can't find it at local schools, it's just more spread out. It's like buying cheap whiskey with less alcohol by volume. :) On the other end of the spectrum, the lower stress and pressure levels may suit certain students. I now that i'm older, i honestly don't see how this decision can be left up to a 17 year old.</p>