Thanks all for the valuable input.
I agree entirely with the sentiment that going to school out of state for the sake of going out of state seems like a foolish proposition. But I have a few rebuttals:
* The flagship school in our state is 5 miles from our house and I teach there. It's not the most appealing option for her but she'll certainly apply. There are slim alternative options in our state.
* I think the amount of personal growth that comes from leaving the nest (and city/state) is a bit underrated. My wife and I were beneficiaries of this as we both went to undergrad a thousand miles from home.
* My daughter has no intention of staying in our sleepy midwest state post-graduation. I don't blame her. Our (geographically large) state has the population of the city where I did grad school.
* Going out of state can be remarkably cheap at the right school. Utah State, for example, provides the following scholarships for non-residents, https://www.usu.edu/admissions/images/N ... ndex_3.png. My friend just sent his kid to USU from New Mexico. He got a good scholarship his freshman year (essentially the very low in-state tuition rate). He qualified for UT residency after his freshman summer. He is studying mechanical engineering and having a good experience so far.
The cheapest option would be for my daughter to live in her bedroom for the next 4 years, utilize my 50% tuition discount, add on any scholarships on top, and maybe go to school for free. That's not a terrible option. She could add some modest expense to this scenario by living on her own to gain some autonomy (and expenses). Or we could pay a relatively modest amount (at the right school), push her out of the nest out-of-state and see if she flies (which I think she will).
I guess I'll see in the next few months how this thing unwinds. Thanks all for your input.
I agree entirely with the sentiment that going to school out of state for the sake of going out of state seems like a foolish proposition. But I have a few rebuttals:
* The flagship school in our state is 5 miles from our house and I teach there. It's not the most appealing option for her but she'll certainly apply. There are slim alternative options in our state.
* I think the amount of personal growth that comes from leaving the nest (and city/state) is a bit underrated. My wife and I were beneficiaries of this as we both went to undergrad a thousand miles from home.
* My daughter has no intention of staying in our sleepy midwest state post-graduation. I don't blame her. Our (geographically large) state has the population of the city where I did grad school.
* Going out of state can be remarkably cheap at the right school. Utah State, for example, provides the following scholarships for non-residents, https://www.usu.edu/admissions/images/N ... ndex_3.png. My friend just sent his kid to USU from New Mexico. He got a good scholarship his freshman year (essentially the very low in-state tuition rate). He qualified for UT residency after his freshman summer. He is studying mechanical engineering and having a good experience so far.
The cheapest option would be for my daughter to live in her bedroom for the next 4 years, utilize my 50% tuition discount, add on any scholarships on top, and maybe go to school for free. That's not a terrible option. She could add some modest expense to this scenario by living on her own to gain some autonomy (and expenses). Or we could pay a relatively modest amount (at the right school), push her out of the nest out-of-state and see if she flies (which I think she will).
I guess I'll see in the next few months how this thing unwinds. Thanks all for your input.
Statistics: Posted by FrugalProfessor — Wed Jul 10, 2024 11:17 pm