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It's interesting that you should bring up the college application process. I came to a similar conclusion for college. Rather than going to an Ivy League (or MI
by w1ntermute 14y ago
It's interesting that you should bring up the college application process. I came to a similar conclusion for college. Rather than going to an Ivy League (or MIT/Stanford) school, I went to a fairly good (top 20) university instead. I got a full ride, which allowed me to come out of college with a net profit of $25k. To this day, I have no regrets about the decision I made, while I have friends who went to the Ivies and are now still in debt and without a good job (primarily because they went into finance right before things went to hell in a handbasket, but still).
- objclxt 14y agoThis may have been true when you were at college, but the Ivy I went to operated (and still operates) on a need-blind basis for scholarships. This effectively means you pay what you/your family can afford, and this college also operates a 'no debt' policy. For some students (particularly international ones, where the majority of US colleges don't offer need-blind aid) an Ivy League school can actually be cheaper than other respected colleges.