<p>I think ND is going to be very surprised about the number of kids who turn down attending after being accpeted because of the economic crisis. It will be substantial drop from their 57% rate now, and the ranking will go down (U of Mich might even go up becasue of lower cost will drive greater attendance rate).</p>
<p>I wish ND could guarantee that once you start college, your tuition/r and b are fixed for four years or at lest have a guaranteed % increase per year so parents could know their costs.</p>
<p>I just think ND could be hit with a double whammy with endowment going down (google "Bain Capital , Notre Dame" for how large fund lost 50% and universitites like ND had money in this....and also how Williams College just put out "emergency" stop spending letter") and less donations.</p>
<p>I just think if my s goes there, it is unreasonable for him to deal with $50K of depth, versus going to U Mich and graduating with no dept.</p>
<p>Any comments, could ND be more reasonable on their costs?</p>
<p>Michigan is a wonderful in-state safety. A significant difference between Michigan & Notre Dame might be class size, but, surprisingly, not as big a difference as one might initially think. Best way to avoid large introductory classes is to get a waiver & credit for that class by scoring a 5 on the AP exam.</p>
<p>I read somewhere on another thread that GWU does provide a fixed cost for the four years.</p>
<p>MiPerson80: I am in the same position as your son except i am a transfer. I was accepted to UM and tentatively plan on going there b/c of the in state tuition but i am still waiting to hear from ND. My parents are avid ND fans but with the way the economy is they are trying to get me to stick with UM due to cost savings and maybe think of ND for law. Personally as illogical as it sounds i would take the debt if it means i could attend ND, it is the experience that no where else you can get that gets me considering that. But realistically, idk if i could even get the loans and FinAid to afford it....</p>
<p>yes ND is great place to go but if you want to do engineering or business, U of Mi is just a good and you might not have any debt>.</p>
<p>GWU does have a fixed rate tuition plan as son has a couple of friends that attend;however, there rates are exhorbitant to begin with, IMO, and housing costs are terrible as well considering it is Washington, DC. I, too, wish ND offered some type of fixed rate plan--but seeing as how we only have 1 1/2 yrs left, I doubt it will happen before we stop paying tuition. I also imagine that ND will not be the only school that has families of admitted students that have to carefully rethink their finances. Almost all private schools with the close to $50,000 plus tuition/room/board rates are likely to see possible number drops. Also, the publics that tout the lower tuition rates are likely to be inundated with apps and it may be more difficult for students to gain admission. And, while I would never advocate anyone to go into debt right now for tuition, I will tell you that son would not trade his ND experience for anything. The engineering program at ND has been a fabulous challenge/op for him and we feel it has been money well-spent.</p>
<p>Just be patient until your financial aid letters arrive. I think you'll be pleasantly surprised. I know I was.
ND was much cheaper for me than all the public schools I go into.</p>
<p>i havent been accepted for transfer yet, as i applied this semester for the spring. But with an EFC of $47... yes , 47. I am hoping ND could offer more then U of M which is where i am scheduled to transfer to in the winter. As much as i don't want to go into debt for a college education since i am planing on Law school... Hopefully a H,Y,UM,ND...etc. But i would view the debt as worth it if i am able to attend ND. many people say it is closed minded to do that, but if so... i wouldn't care if it is the chance to attend one of the most unique institutions of higher education in the world. and until they put some college in Space or on Mars... ND is the most unique there is, i know many people who turned down HYPS for ND even though the ivies offered more finaid... that says a lot of the school</p>
<p>I'm going to ND now, and this year my financial aid actually increased by about $10,000. My sister went to a small school back home in PA and my debt is comparable to the debt she had for her college and the education I am receiving is much better than hers (she admits it). This year I only have about $6000 in loans, which covers both room and board and tuition as well as other various fees and I come from a middle class family. I don't think that the current state of the economy is going to change the financial aid packages at ND very much. Plus the majority of the kids who come to ND wouldn't even qualify for financial aid at a state school, so with financial aid the price is probably comparable.</p>
<p>The business school at ND is ranked #3 in the country, UM is #6. If you are transfering to ND, you cannot transfer into the Business school though so UM is probably for that.</p>