<p>Agree about the great group of parents. This college process is not for the faint of heart - students and parents alike. Some of our kids are using Twitter and other social media to ‘find out the news’. Colleges and parents juggle between electronic and snail mail. Our kids always had the internet; 25 years old. My college programming course was on Univ of Houston’s mainframe in 1980 with computer cards (bought in a box, 1000 for $5). Husband graduated in EE in 1978 and their ‘high tech’ school had a programming ‘final’ - several ‘crashed’ the computer including H, but H was relieved (ie knew he didn’t fail the final) when a really smart kid also ‘crashed’ the computer.</p>
<p>crewkid my Iowa nephew chose to go to the private school (Drake) over the in-state honors program (U of Iowa) and he did make the most of his education. My sister cash-flowed the extra out of pocket costs with her job (and her H and she were always ‘careful’ with money, essentially getting pity and support from grandparents…). Nephew only had to take out student loans during his doctoral work, as he bought a car and did research overseas (he had extra scholarship in addition to fully paid graduate school and graduate assistantship). Their second son followed and went to same private school Drake (although he applied to others in his different field, and actually got the best $$ and fit at Drake) and also made the most of it; had only one year when both were undergrads together. My sister and her husband were in on thinking Drake gave them enough value for what they considered a better education.</p>
<p>I think it does depend on what is being studied and how much ‘value’ will you get out of the private school over the honors program at in-state public. Older nephew probably could have done really fine at U of Iowa, while the younger nephew’s majors were better matched at Drake.</p>
<p>Both my daughters are in honors programs with in-state public schools (one begins in fall). They are studying nursing (UAB) and civil eng, (UA) and their schools are great for those programs (DD’s nursing school has an ‘honors program’ so as long as her academics are good, she is not cut from nursing program and is automatically able to continue with class priority into junior level nursing classes; I went to a private college in WI in order to be guaranteed to finish nursing, as state schools at that time cut over 75% of nursing majors after 1st year of college - for example 400 nursing freshmen, then 90 nursing sophomores able to continue)</p>
<p>We paid for private (catholic) high school to give them the best education in preparation - we sacrificed to do this, but it has worked out great - for what they learned and what they achieved; plus we also were keen on faith based education and giving them a really solid faith core before sending off. Very much looking forward to the last tuition monthly withdrawal in May. Their ACT scores and GPA qualified them for great automatic in-state scholarships. We are fortunate to be in a state where we have such great higher ed options and scholarship $$. We had a college savings program as well (pays for housing and other costs over the covered tuition) and the girls each received a small inheritance which is their cash if not needed for school.</p>
<p>As I heard on NPR, one woman was willing to sell her house and downsize because as a single mom she took out loans so her daughter could get a private school college education. Another family made financial sacrifices along the way, living under their means and putting away one of their two salaries into savings for college for their three children - so savings and cash flow to pay for college.</p>
<p>Thanks for the NPR link GertrudeM - I also enjoyed hearing your story of college in the late 1980’s in CA. CA and TX are two states that have had a dramatic change in their state colleges re accepting students and out of pocket costs. I got my MBA at TAMU (attended 1980-1982 after living and working in TX since 1978) and the most I paid for a full semester was $212 (the big items were health services fees - mandatory; undergrad tuition was $2 an hour and graduate was $4 a credit hour at that time).</p>
<p>I enjoyed reading the comments after that NPR article; it is definitely true it costs a lot more to raise a child these days (as one poster commented) - IMHO beyond inflation factors. I recently heard a statistic where only 2 out of 10 homes have a stay at home parent, which is a big shift from the previous generation. Many reasons why two household incomes are desired or needed.</p>
<p>Asleepatthewheel maybe I am not the only person who had to look up labile, but you have expanded my vocabulary :)</p>
<p>Good luck as students and families get the rest of the college puzzle pieces, as we finalize boarding plans on our cruise destinations.</p>