Well I’m glad we agree…
There are two distinct questions here. One is how. The other is why. And they apply for in-states, OOS, publics and privates. Different students/families will reach different conclusions. Different strokes.
Exactly. :)>-
If you can afford it, it’s not crazy. I do it for UMich. Is it a top private or LAC? No, but it is every bit as good as them and significantly better than my in state choices.
Borrowing it all is not financially wise tho…
MODERATOR’S NOTE:
In no instance did the OP discuss class sizes, so a debate about size of classes at Mich serves only to detail the thread. 7 posts deleted.
Why is the question of how much I am willing to pay for my kids education any different than the cars I choose to drive. And I choose to drive used a Prius for now. I don’t buy new, I drive my cars into the ground. I also choose to not take expensive vacations or spend lots on clothes. My H and I have chosen to let our D apply to expensive schools next year because we have the money due to frugal living up to now. Perhaps I wonder why those who chose to only let their kids attend local state U are buying new minivans every 4 years. Frankly, I think it is no ones business how I chose to spend my money. It is all about choices.
My D applied to all OOS schools. All of them, with merit scholarships, were less expensive than in-state public schools. It’s not as cut-and-dried as you might think.
And to answer the question…SOME folks cannot afford out of state tuition…or private school tuition and costs…at all. So they don’t apply to…or attend these schools.