OP made another thread in June of this year, listing five schools he was considering: UT-Austin, NYU, West Point, UCLA and Boston University. He’s from Texas, with a 3.6 UW GPA (5.3/6 W) and a 1990 SAT score, super-scored.
OP, I don’t know if your top choice schools have changed since then and maybe you are considering something else, but Colby is probably a better deal than any of them.
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Isn’t Posse for low-income students primarily? If you got into Posse, how are you in the highest income bracket? If your family is very wealthy then you can ignore this, but if your family is not very wealthy and you need a lot of financial aid, NYU, UCLA and BU are unlikely to be realistic options for you. NYU is notorious for giving out poor financial aid; BU is not much better, and UCLA reserves the best aid for CA residents.
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Admission to NYU and UCLA as a non-resident student would be a stretch for you. Boston U would probably be more attainable. UT would depend on your class rank, yes? It looks like you are in the top 10%.
Colby is the kind of education that would be a stretch to attain without the support of Posse - I mean just in terms of admissions, you’d be unlikely to be admitted on your own. (It’s not that you can’t handle it - it’s that Posse uses a special process to find talented students that might otherwise be overlooked by elite colleges.)
If your family is super wealthy and you’d really much rather go to BU or NYU or UCLA than Colby, then I could maybe see throwing in the chips and trying out, although I’d think it was silly and quite frankly you are unlikely to get admitted to a school that is the same caliber as Colby. It’s an elite liberal arts college, very top-notch. You’d get a great education there.
But if your family is not super wealthy, then I think you should think long and hard before you give up the chance at a full-tuition scholarship to a really great school that could change your life for the better.