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I think the original poster meant that Rice, Vanderbilt were the few prestigious schools that her classmates chose to attend, and the rest selected otherwise. I'm still a little confused and not sure if my interpretation is correct.
Their reasoning could very well be financial. Hello, the economic downturn affected affluent families as well as those in the other parts of the economic spectrum. I don't mean to insult you chaosakita but full price at a private university is a lot of money. This cost comes at the same time that parents need to be ready for retirement.
A very important part of the college selection process is putting some thought into it. It is a very individual decision, what college will best work for you. My cousin went to Harvard and frittered away his time there. He took easy classes and didn't like it. That degree isn't going to do him any good.
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