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We managed under $30k at a va montessori school outside the beltway My kid got about $40,000 a year total in scholarships and we still had to pay about $30,000 a year and this was the cheapest option living in the city except for dcu which really was not an option and is not comparable to other. Tuition will increase every year.for your entire time at the school
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For those of families that follow i must have my child at *$ competitive school as early as possible to get my foot in the door because it's harder to get in later will pay for it College tuition is so much that a lot of scholarships are more than standard deduction to make the college affordable Options disable html in this message disable bb code in this message disable smilies in this message review message
The reason i am saying this is that in my case tuition expenses have increased by 30 percent in 2 years
I understand a rate of 5 percent per year but i am experiencing higher rates I understand the concept of free market For instance doesn’t make sense to put a cap on bmws so everyone can afford a bmw. The value proposition of a “top school” compared to uva or w&m is questionable
Would be a different calculus if we lived in a state without such good public options The trajectory from these places is worth the price, to us. Neither of my kids cultivated really good in state options, but both did take private school options that offered substantial merit I think it does make sense to look at the finances and what you are paying for even if you can technically afford it.
It is utterly liberating and i am so grateful my kid made the decision he did
I am now free to make different career choices which should make our entire family happier, if less rich Looking forward to the new phase of life for us all. Family income $300k, home equity and investments of $1,000,000 = full fare tuition student a emerges from a top degree program at a top school (with presumably better, more lucrative career options), with no dent to family income and/or assets along the way.
