We went to a superbowl party yesterday hosted by friends that we met when our kids first started kindergarten. Now, those five-year olds are spotty faced boys-men texting in the corner. The parents nursed their beers and gossiped about colleges.
Based on the very unscientific sample of parents that we know from several North Jersey towns, I’m seeing tons and tons of applications to state colleges. Even among families with fully stocked 529s, the kids are going to state colleges. The price point is too high for the privates, and kids are saving their money for grad programs.
Jonah applied to 11 flagship state colleges. He heard from two and got into both, including – thank you, thank you, college Gods – Rutgers.
Rutgers isn’t beautiful. OK, it’s damn right ugly compared to colleges like University of Vermont with its green fields and sweeping views of Burlington and Lake Champlain. Jonah was horrified by urban decay around Rutgers during the college tour.
But Rutgers will cost us around $30,000, and UVM will cost $55,000. That’s $100,000 and a second mortgage on the house just for the nice views. So, obviously that’s not happening. We have a few weeks for Jonah to come to terms with this decision. We’ll see if he gets into UVM and if they give him enough money.
I know several students with 4.0 GPAs who were rejected from University of Virginia and Univeristy of North Carolina. Those two state schools seem almost impossible for out of state students. University of Alabama is a popular out of state college for kids with a weaker application. Miami of Ohio and Pittsburgh were popular this year for kids like Jonah.
I’m so relieved that he has a place to go this fall, and that we can afford it. He’ll have to take out a loan and we have some grandparent money to help out, but it’s very do-able. That means we can take a vacation and fix up the kitchen this year. Winning!