In response to those who don’t have to be concerned about covering the costs of going to an Ivy, I would say, you should be more concerned about your kids actually getting in, and graduating.
Two of our kids graduated from “Ivies,” and getting them in and seeing them through to graduation was more challenging than paying for it (thanks to the gradparents)–especially to med schools. In retrospect, it was well worth it, but, as many on this forum have mentioned–if you’re going out on a financial limb to do it–you might want to give it some serious thought.
We’ve known many people who wanted their kids to attend “Ivies,” but, in the final analysis, they just didn’t turn out to be Ivy material. In other words, there are many other variables that may effect the outcome of this quest other than cost.
