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<p>Uhm… well the vast majority of the private institutions - including those who are tiers below Ivies - still cost $50k a year to attend. In fact, the top privates and Ivies may be much more affordable to attend than lower ranked privates due to the abundance of the resources at these top schools. Many students at top privates receive generous financial aid. For example, the val from my high school is at Yale right now and he is receiving so much fin aid that the cost of his Yale education is cheaper than the cost of the flagship state school.</p>
<p>Even if one doesn’t get much aid, why not go to a top school paying $50k, if the cost of attending a top school is similar to other lower ranked private schools with same price?</p>