> Coming from a low-income household, Cornell covered all my expenses and I have not paid a single cent my entire 4 years (and no loans). For students in your

> Coming from a low-income household, Cornell covered all my expenses and I have not paid a single cent my entire 4 years (and no loans). For students in your situation, it makes sense to go to a private college with lots of financial aid, since there's basically no downside. For middle class students, it makes much less sense since they and their families have to take on huge loans. Even for wealthy students, it's not as clear a case as for low-income students. You have to be very wealthy for your family to be able to easily afford $320k per kid.