Scholarships: Ignatius & Magis

beastman
Sun, 20 Dec 2009 13:34:30 +0000

Brutus, I think the posts you allude to talked about the lack of merit aid available at both NW and Notre Dame, a fact that makes them accessible to only the very wealthy and the needy. Just pop over to those forums and you’ll see posts by parents despondent over the money they’re paying at those schools.
I think it would be difficult to find anyone closely associated with the business side of the college game to support your argument that parents incur massive debt to finance an education of that cost UNLESS there is a pretty clear case that the additional cost will pay greater dividends, the likelihood of which is minimal. While a prestige school will undboutedly help in getting the first job, I think it helps less in getting the second job, and by the time the graduate is 28 or so their work experience overshadows their college in helping him or her advance in their career. I don’t know if you interview or hire job candidates, but if you do, I don’t imagine you consider closely their college education once they hit 30 years old.
Additionally, I agree completely with dbwes and 1tgmom in saying that a choice of college involves dozens and factors, and a kneejerk decision to go to “the best” school possible is pretty simplistic. I’d take a school that my kid likes while not threatening my financial stability over the illusive prestige of NWU or ND any day.