“This bubble WILL eventually burst. We thought it was at 60K, but no. What’s the magic sticker that even rich people won’t pay? And please, let’s not always focus on Harvard. NYU, Fordham, BU, BC, Trinity, Bowdoin, Hamilton etc are all now ~70K for 50% of enrolled students. Many of these schools give merit or FA to internationals.”
@suzyQ7 - You got me. My ex and I are both Hamilton alum, and aside from a couple thousand in merit aid one year, we both were full pay. Because back in the 90s, his bank VP single mom and my primary breadwinner teacher mom could swing the tuition. It wasn’t as easy for my parents, but it was doable. When we had our son, my brother-in-law, who is a big time professor at one of the CC favorites that shall remain nameless, told us that by the time my son went to college, it would cost $50,000 a year. We couldn’t believe it back then. And that was only 16/17 years ago. Now to send him to Hamilton would be $20,000 above that. I love Hamilton. I think it’s a great school and I got a fantastic education there. I would love to be able to give that to my son, but I have tried over and over to justify $70,000 a year and I just can’t do it, even if we ask big time professor uncle to pitch in (haha!). Does it piss me off? Yes. I suppose Hamilton doesn’t owe me anything, but it’s really disappointing. We will apply, but we will also be doing some bargain shopping.