<p>To the OP, sadly more schools are becoming more akin to “Robin Hood” than ever before. University of Richmond, for example, just raised their tuition last year by $9,000 per year! This was done to provide more scholarships.</p>
<p>My daughter attended Syracuse University Summer art program,which was $5,000. I found out that while we paid full tuition, twenty-five percent of the summer class paid nothing! It absolutely galled me to such an extent that my daughter went elsewhere for college ( although there were other reasons that she didn’t choose Syracuse).</p>
<p>Carnegie Mellon gives out some full paid merit scholarships and a number of partial need based scholarships while wanting us to pay the full tuition. It is very appauling.</p>
<p>My suggestion, however, is not to focus on the inequity of this situation. Just focus on what is best for your kid taking affordability into account. I wouldn’t recommend compromising your retirement for your kid to attend a top 10 school when there are plenty of great options that might provide great merit scholarships. Just my opinion though. I am sure many would would not agree.</p>
<p>To person who noted that their kid got a great scholarship and noted " I hope the school will decide that its investment in his education was worthwhile"</p>
<p>My response is that it isn’t just the school who is making this investment. In fact, it can be argued that the school isn’t making this investment at all: it is the other suckers…er…parents who are paying full tuition who are paying for scholarships. Maybe my thinking is a bit insular,but I really don’t want to subsidize other people. I do it enough with my taxes, I don’t personally want to do this with other types of expenes. I know that this isn’t politically correct, but it is the way that I feel.</p>