UChicago Vs. Stanford Vs. Yale

OneMoreToGo2021
Sat, 11 Apr 2020 03:49:52 +0000

I guess what I’m trying to figure out is if Stanford and/or Yale are worth the extra 80K?

You have probably heard the old adage, “price is what you pay, value is what you get”?

This is an impossible question for anyone else to answer because the value received is going to be specific to your son. Objectively, it is hard to justify paying $80K more to attend either Yale or Stanford over Chicago. They are all world-class institutions, and the true value to be derived from attending any of these places is going to be based upon what your son puts into it, which today cannot really be forecast with any confidence - at least not to a precision that would distinguish $80K worth of value over a lifetime.

Nevertheless, perhaps a thought experiment would help you think through the choice. What would admissions spots at these three universities sell for on the open market, meaning what level of monetary donation secures a spot now? Perhaps some people on here have actual insight into this question, but my guess would be Yale > Stanford > Chicago. I am not too sure of the delta between Yale and Stanford - and I could even perhaps be convinced that the order would be reversed - but I feel pretty confident that a spot at either Yale or Stanford would sell for more than $80K over one at Chicago.