@musicdm Last year, we went into this process with eyes wide open. In fact, we spent most of Feb/Mar agonizing over how crazy competitive and pricey each program was and doing our best to come to terms with the likelihood of either his not getting in or getting in but not being able to afford to go. The thing is, he didn’t want to compromise in programs—he very much knew what he wanted as well as what he didn’t want, and there were only a handful that met the criteria. “Safeties” (financial or otherwise) just didn’t appeal to him.
He was fortunate enough to be able to go in the end, but had things not worked out that way, we’d have been right where you are. While I imagine it’s painful to readjust your sails, I truly think I would have been contented and felt confident that we’d be fine, just as you know you guys will be. Imagine the possibilities of this coming year! My son’s plan was to work/save, hone his craft with a mentor, and create as many opportunities as possible before “wowing" ‘em even more next time.
I’m so glad you and yours are already feeling solid and happy about a very wise and well-reasoned decision. And hopefully enough time will have passed and you’ll have enough seasoned experience and know-how before applying again that the whole process will be far less intimidating and stressful next year!