@blossom my parents can ‘afford’ to send me wherever, but they have saved for 4 years of instate because they didn’t want to be penalized for withdrawing from their 529.
My potential schools are UT Austin, Texas A&M (both in-state), Alabama (Tuition free plus 2500$ per year), rice, WashU, Cal Poly, Georgia Tech, and SMU.
UT Austin is my top state school and I think I have a fairly good chance. Would you say any of these schools are worth the difference in tuition? My dad is more than capable financially (talked recently), but the cost would have to be justified.
My parents justification for spending more on a school is pretty much prestige and ROI. My dad’s favorites on the list go in this order:
- Rice (if I could get like 10-15k/yr merit, he'd pay in a heart beat)
- Georgia Tech
- UT
- A&M
- WashU
- SMU
- Cal Poly SLO
- Alabama
I personally would be ecstatic to go to any except Alabama. Wouldn’t be too bad, but just the least favorite.
Congrats on your kid getting into MIT!