(First off, my apologies to the TL;DR crowd.)
Alright, folks, here’s a set of schools you aren’t typically going to see listed in the same post. Due to a fairly unique set of circumstances, we essentially started off our college search with the following oh-so-restrictive geographic requirement: “North America”. (Yes, we actually thought briefly about Canada but my D wants a small LAC environment so that effectively eliminated the very fine Canadian universities.)
Our D was admitted to several schools which have been winnowed down to the three listed in the title. She has received generous merit scholarships from all three, with Muhlenberg providing the highest amount, perhaps because that is Mom’s alma mater. Consequently, Muhlenberg is the least expensive option with the other two schools having an incremental cost as shown below:
Lewis & Clark: $3,900 more expensive per year ($15,600 4-year differential)
Macalester: $12,100 more expensive per year ($48,400 4-year differential)
For whatever it’s worth, Muhlenberg and Lewis & Clark seem to be ranked comparably to each other with Macalester ranked substantively higher.
Financially, we can afford to send her to any of the options but I’m value-driven so I’m struggling with “what do we get for our money” if we choose to send her to one of the more expensive options, particularly Macalester. Note that I would happily send her there if I could become convinced that there would be a demonstrable positive impact on her career prospects.
We’ve been to all three schools; D likes them all. And while the schools are quite different from each other, we think she would thrive at any of them. She intends to major in Biology with a possible Minor in Spanish; nothing we’ve seen so far would suggest one school’s Biology department is exceptionally better than another’s.
While we’re from sunny Colorado, D claims she won’t have an issue with the weather in Portland or St. Paul. (I’m skeptical but hey, it’s her choice, not mine.) Location-wise, Portland and Minneapolis/St. Paul are great cities with ample opportunities, Allentown…not so much (spoken as someone who grew up in PA). But of course, it is difficult to gauge how important the surrounding environs will be to her college experience.
Although I think we’ve done a fair amount of comparative research, there isn’t any key thing driving the decision to a particular school, aside from the cost differential. So I would be very interested to hear whatever thoughts folks out there have in case maybe we’ve failed to consider something.
BUT WAIT…there’s more. Just to make this more interesting, D was waitlisted at 5 great schools: Haverford, Carleton, Davidson, Bates and Colorado College. Of all the schools, Haverford and Carleton were her two favorites. Although it is a long-shot, I suppose there is a possibility one of these schools would ultimately offer her admittance. Let’s say for sake of argument, it was Carleton or Haverford and let’s say she gets no or minimal scholarship money from the school making that school roughly $27,000 more expensive per year ($107,600 4-year differential).
So this kind of boils down to two questions:
Given that she likes them all and we feel comfortable she’ll get a decent education at any of them, does anyone have a compelling argument for not simply making the decision on a cost basis?
Anybody think an education at the one of the 5 waitlisted schools is worth $107,600 more than Muhlenberg?