Are Name Brand Colleges Worth It?

images-1This week kids are making last minute college decisions. Some are waiting on waiting lists to see if they get into their dream schools.

It reminds me of my son’s senior year. He applied to top tier big-name schools. He had high SATs, was valedictorian, an athlete, musician and school leader. We had visions of him having to make the tough choice between Harvard, Columbia, Stanford and Yale.

252950_178347325554945_2205981_nWhen he didn’t get into any of the big name schools, he was devastated. His disappointment came in part from his high school teachers. They looked down at the school that accepted him and felt he should have gone to a more prestigious school. How is a teenager able understand that his teachers don’t always have the best answers? My husband and I were sad for our son, but strangely relieved. How much is a brand name college worth? Is it worth $65,000 per year? $260,000 for four years?

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There are plenty of articles that take on one side or another of whether or not a brand name school is better than a state school.

In the end, my son went to the school that accepted him. He was sorely disappointed at first, but soon learned that there was plenty of education at the state school. It was downright challenging! Like most things in life, you get out of school what you put into it.

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I went to a state school, many of my friends and family went to state schools — and we managed to be content, happy and successful. From my cousin, who’s published numerous novels, to a high school friend that reached the top echelons of Nordstrom executives, to my brother who retired with millions in his 30s after a career at the top of huge corporation — they all went to state schools.

Education comes down to the individual  — the effort and choices made while in college — regardless of the school.

I wrote about College Costs —  a Lot! It does. Even for a state school, it can be plenty pricey. In California, the average cost of a UC school is $30,000 a year. For anyone, that’s expensive! Choose a school that fits your budget, offers your child’s area of study, and is a good fit for them academically.

If our son had been accepted into Stanford, rather than deferred, I wonder what we would have chosen for him? I’m thankful now that we didn’t have to make that choice.

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