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Old 02-02-2009, 11:53 PM   #74
Illinois Dad
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Join Date: Jan 2009
Posts: 63
Terrific tips in this thread, thanks.

On safety schools, I would just say that identifying such schools is harder than we expected due to all the uncertainties about costs and what merit aid will be available.

We have an estimated EC somewhere in the 30s, depending on '09 income changes, but we won't be able to devote anything remotely near that to our S (2010 HS grad) for college and are trying not to load him (or us!) up with 50K or more of undergrad debt.

I know the obvious choice is one's state school, but as is the case elsewhere ours is likely to raise rates substantially and potentially price itself out, too. Big merit aid from some of the schools known for this is a good possibility, but trying to guess where it will come from and whether any of it will be enough for us seems unanswerable till the last minute.

Trying to steel S to the 'hated' possibility of CC for his first two years. But maybe Canada is a safety option -- especially if they give merit aid of any note (does anyone know?).
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