Submitted by MrPickles2000 t3_1001vpz in personalfinance
JellyDenizen t1_j2ezkb1 wrote
Public colleges are normally less expensive for in-state kids.
I have two college age kids. One thing that really surprised me is that most colleges appear to give pretty much everyone aid, scholarships, etc. that significantly reduce tuition cost. Almost no one pays the "retail rate" you see on the college website as tuition cost. It's kind of like the hospital that charges $20 for an aspirin but no insurer ever pays that $20.
Bunch of articles like this one from a few months ago about a trend of colleges toward slashing their tuitions to more accurately reflect what they actually look to get.
MrPickles2000 OP t1_j2f7j7j wrote
I'll be honest, while I want my kids to have options, I also think that outside of the top 20 or so schools (Ivy+), I'd really encourage my kids to consider our in-state public schools. And for most of those Ivy+, there aren't a lot of discounts and scholarships out there for families making 200K+.
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