Comparing common sentiment class of 2012 vs 2014

<p>I remember when I prowled these boards (under a different user name) in 2008, every indication I got was that I was making the wrong decision.</p>

<p>I had been offered a full ride + at an out of state public school (can anyone guess which one?) that at the time was not ranked in the so called “first-tier.” It is now, but how much did that matter?</p>

<p>At the time, my father was still employed and we had a middle class income. </p>

<p>I went to a huge high school and we had “college counselors.” It was in Illinois. I met with one of the counselors and when I mentioned the offer I had, he shot me an “are you crazy look?” and I swear on my life said “have you ever been to the South, you don’t know if they’re still fighting the Civil War.”</p>

<p>Kids in my school with higher class ranks and similar test scores were willfully going to Northwestern, Georgetown, George Washington, and paying full price too. </p>

<p>Meanwhile, I was a nobody at my high school, but I was the only one who did enough research to see what was out there. I found a flagship state school willing to pay for everything. In fact, I have $5000 in a bank account that is nothing but scholarship surplus.</p>

<p>My GPA wasn’t perfect and there were only 10 full rides. I wasn’t offered one initially, but I constantly let admissions and financial aid know that I was interested. Then one day in early April, I received a letter that I had gotten it. Most likely someone turned it down to go “prestigous.”</p>

<p>Flash forward two years later. I have every opportunity in the world ahead of me. Likely much more than if I went somewhere “better” and was just another student. I have faculty members who are willing to fight for me, who treat me like their own sons. I just don’t think that would happen if I went elsewhere. </p>

<p>Now my mom told me about Suze Orman, and I just read the thread about how now the attitude is no longer “go to the best school you can get into” but rather “go where you can afford.”</p>

<p>It sounds crazy now, but literally, most people’s advice at the time was to “go to the best school you can get into.” My how things have changed. Amazing what a little recession can do. </p>

<p>It’s not a good thing that people are unemployed (my father included) and some people are struggling to make ends meet, but it’s refreshing that some of the elitist nonsense is fading fast. </p>

<p>I realize this doesn’t have much direction, and kind of sounds like an “I told you so” thread, but I just thought I’d end it on this note.</p>

<p>The most apalling thing I ever read on here that still angers me to this day:</p>

<p>Ball State was playing Navy on ESPN and some student had a sign that said “Everyone Scores Points on Navy,” the ole acronym sign. Anyway, one poster’s comment on here was “I was surprised someone at Ball State was clever enough to come up with that sign.”</p>

<p>I wish I knew where the person who made the sign and the person who made the post are today.</p>

<p>Thank you so much for coming here to share your story. The confidence you have built, not to mention the savings, will serve you well.</p>

<p>Lovely story!</p>

<p>Thanks for writing!</p>

<p>LSU8888,It’s always good to hear success stories. My S took the same route(fullride) at a state sch. He graduated last May. It all worked out well for him too. Good luck to you in the next couple of years at LSU.</p>

<p>You make a very valid point - very timely. A lot of parents are struggling with guilt that they cannot afford to send their son or daughter to the more prestigious school - opting instead for the more affordable. You may have helped someone come to terms with that situation today. Very good post.</p>

<p>D1 in class of 2012, D2 in 2014…and I completely agree with the OP about the culture shift. We were one of the few people who considered money issues two years ago; things sure have changed.</p>

<p>D2 was in a conversation with a group of working professionals in her intended field (music performance) and noticed an age difference as she mentioned her college decision making. The older people (age 40+) all urged her to go the big-name school for the prestige, while the younger ones (all in their mid20s) were unanimous in telling her to follow the money.</p>

<p>I have definitely noticed that parents with kids in both classes (college class of 2012 and college class of 2014) are say more tuned into price for the younger of the two.</p>

<p>Of course, paying two tuitions simultaneously could have something to do with that!</p>

<p>I’ve done a lot of searches on financial topics on these boards, and I can almost tell the date of the comments without looking. The 2008 crash had a huge impact on people’s psychological comfort level with debt. It poked a hole in the confidence that a college degree from Prestige University = a well-paying job and was therefore worth whatever financial contortions were required. The later comments reflect more realism from students and parents about ROI on an expensive degree. I hope the result will be less student-loan-related debt slavery for our young people.</p>

<p>D has several classmates who have chosen to “follow the money” but the ones who chose to do so seem to be the more affluent. So here we have people with big houses, big SUVs, and consequently big monthly bills choosing cheaper educational alternatives while my husband and I with a small split level 1960s house and old paid off cars (and a much lower income) choose to send our D to a school where we will (essentially) pay full freight. I guess it is all a matter of priorities.</p>

<p>Perhaps they are more affluent because they are good at managing their money, including how much to spend for college.</p>

<p>^^Agree with the last couple posts. The exurberance preceeding the market downfall is gone and parents are more measured about their financial decisions. Sitting on a pile of debt as retirement approaches is not something many people want to face. Many (older) parents started their early careers during the original baby boom and remember how difficult it was to get that first job and do not desire to saddle their kids with debt during a period of time where, again, it is difficult to secure a job. When S1 set off three years ago for college there were already rumblings in the financial markets…enough to make us cautious. Now with #2 leaving in August, yes, we are as cautious if not more. We are not “risk adverse” but definitely seasoned enough to be prudent about decisions.</p>

<p>Geaux Tigers! Congrats on your decision and glad it worked out for you. :)</p>

<p>Sounds like you made a great decision! Thanks for sharing your story.</p>