Is WashU worth the cost?

2135ar
Wed, 11 Mar 2015 21:32:12 +0000

My son is a senior at Wash U and we believe it is a fabulous school. We were full pay but luckily neither my son or his parents incurred debt. The question of whether something is worth it is in the eye of the beholder. Is it ever worth it to buy a Lexus instead of a Ford? It depends on what you want to spend your money on. Frankly, considering your noble goal of working in schools I think $80,000 of loans and the extra expenditures of your parents may not be “worth it.” You seemed to have been happy to have being going to Butler. I hate to say it because I am such a fan of Wash U but I do think that is a lot of debt. Actually, I thought Wash only allowed $5,000 of debt a year (or gave enough aid based on that) (I don’t know that rule for sure), but perhaps you don’t qualify for the financial aid package but your parent’s contribution is still limited. I hope you make the decision that is right for you. Good luck!