Time To Trade Up?
Many schools have substantial endowments which, even with a 20-30% drop in their book value, will enable them to survive. These schools will continue to offer generous financial aid packages and attract more applicants than they have places for. Other schools will not be so fortunate.
What does this mean for parents? This just might be the time for you to trade up to that school you really wanted your children to attend. As enrollments decline and the application pool shrinks, boards will get jittery. The admissions offices will be more inclined to sweeten the financial aid pot and/or discount tuition. After all, they cannot have unfilled places in their incoming classes and survive for long.
Do your research. Make sure your child offers every last thing the school of your dreams wants. Start the search process early. Then go for it!


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