<p>
</p>
<p>And state-schools (and their honors programs) are filled with people who could have gone to the top colleges in the nation. They are not dumb either.</p>
<p>Nor are parents who COULD afford the $200K difference and decide not to spend it on their kids’ undergraduate education. That money can be used for grad school, a down payment on a house or condo, or support while the child is working an unpaid or low-paying internship as he/she tries to break into a competitive field.</p>
<p>I think parents who could afford the 200K difference should be able to help with a down payment or subsidize their kid while they are trying to “find him/herself.” Most of them could afford it because of their high income, once they no longer are paying 60K/year, they could easily use that money for other things. Some people do use their current income to pay for their kid’s college tuition.</p>
<p>I am not sure that is a reasonable generalization, oldfort. Yes, there are wealthy people who have a spare $60k a year to put toward whatever they want to spend it on. But there are a lot more people who really stretch themselves to pay the elite-school premium. Yes, they decide it’s “worth it,” but the decision doesn’t come without sacrifices.</p>
<p>I don’t think most people have spare $60K, they make a conscious decision to spend it on their kid’s education. It is a hard decision to give it up.</p>
<p>But that is what I am saying. Many people make sacrifices (or “conscious decisions”) to put that money toward their kids’ education. Having spent it, they don’t KEEP having $60k a year that is easy to allocate to other things such as those I mentioned above. It’s not a spigot that keeps flowing indefinitely for whatever their kid needs.</p>
<p>And really, if I had spent $240k on my kid’s education, I would not be all that interested in helping him “find himself” after that.</p>
<p>I would personally give my kids best education possible than give them money for down payment or help them find themselves.</p>
<p>Hello! I saw the previous thread you started. I’d pick Tulane if I were you. A lot better imo.</p>
<p>What reasons do you have as to why it is better/worth the money?</p>