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Had our son chosen to go to one of the "highly selective" schools to which he was accepted, his loans would have been well over $100K. (At the time I was coming off of a year of unemployment)
Fortuantely, he chose to take what amounts to basically a full academic ride at a state supported school as a National Merit Scholar.
None of the four "highly selective" schools participate in the National Merit program. Nor do they offer merit based scholarships, and since I did have a reasonably well paying job (even though we had spent much of our savings), he was not elegible for for need based scholarships.
Catch 22.
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Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
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