Is Rice worth $48k/yr?

bird_rock
Fri, 01 Apr 2011 01:08:32 +0000

It’s really a very subjective thing. My son could have had a full ride at several top 100 schools with honors colleges based on being a NMF. So it costs me about $45,000 more per year for Rice than it would have cost at the other schools. I have no doubt that in his case it’s worth it.

This is based on Rice being an almost perfect fit for him both socially and academically. I can’t imagine making him go to a school which would have been a lot riskier just so I could head into retirement with a little more money in the bank.

But, as I said, it’s all very subjective. Not everyone will be much happier and more productive at Rice than someplace else. Not every family has saved the money and feels like spending it on college.