Tuition insurance?

goaliedad
Tue, 27 Mar 2007 16:08:35 +0000

Read the terms very carefully. In the plan offered at my D’s school they only refunded the amount you pay (less than the full tuition if you are on FA). However, the rate was based upon the full tuition price. It seemed more like they were insuring the school’s interest than ours, much like title insurance on your home insures the bank’s interest. So for us, it didn’t make much sense financially.

And our gut feel was that my D would have no problems adjusting to BS. If you worry about your child’s reaction to new environments, then I guess it would be worth considering. And if you think your child could be getting in over their head, you might want to consider as well as burn out at some of the top schools does happen.