My D22’s hard work is paying off with several great college options, but none of them is a perfect school that ticks all her boxes. She is struggling and we are struggling as a family to weigh the pros and cons and so I thought I’d throw it out here to get other perspectives.
We are full-pay and have saved enough to pay for a school that costs up to 150% of our state flagship. For purposes of this post, let’s call the state flagship cost “Baseline.” Of course, any amount we pay that is LESS than 150% of Baseline means more money left for grad school, retirement, and breathing room.
Here are the choices up for consideration:
School #1:
Cost: 38% of Baseline
Rank: Top 100-200 nationally; top 75 for desired major
Size/location: Desired size of school; in rural area not great for internship/employment opportunities but they claim a good track record; slightly more distant from home than desired
Other: Admitted to Honors College; least favorite of schools D22 visited so far, but not hated
School #2:
Cost: 100% Baseline
Rank: Top 75 nationally; top 20 for desired major
Size/location: Great location for internships/jobs; slightly larger school and city than desired
Other: Still waiting to hear on Honors College and direct admission to desired program (if not admitted directly, D’s interest goes way down); not yet visited, but was a little intimidated during a quick stop years ago
School #3:
Cost: 150% of Baseline (but offers a 4-year Bachelor/Masters program, so would result in grad school savings)
Rank: Top 50-100 nationally; top 50 for desired major
Size/location: Desired size of school and city; pretty good job/internship opportunities
Other: Directly admitted to desired program, may qualify for additional merit money, favorite of schools visited so far
School #4:
Cost: 117% of Baseline
Rank: Top 100-200 nationally; desired major is ranked, but below top 100
Size/location: Desired size, but a little too rural and disconnected from job/internship options (not as rural as School #1, though)
Other: Admitted to Honors College; not yet visited, but liked the look of the campus when attending an event there years ago
School #5:
Cost: 156% of Baseline (we could still pay without loans, but it could eat into savings we’d hoped to use for grad school and/or retirement)
Rank: Top 50 national liberal arts college; plan would be to attend grad school afterward
Size/location: Smaller school and town than desired
Other: D22 wanted to attend a university much larger than her largish high school, but was charmed by the people she met on her visit; school offers the opportunity to continue her sport at the collegiate level and that has a big appeal to D22 and is a plus none of the larger schools can match; second favorite of the schools visited; potentially not great for jobs/internship opportunities, but should position D22 well for grad school
She hasn’t visited anywhere and had that “this is The One” feeling. So how would you suggest she weigh the different pros/cons?
