Comment Re:Too Many Applications are Stressful and Useless (Score 5, Informative) 256
The biggest name schools aren't so expensive. The Ivies, and I assume Stanford, won't leave you with more than ~$20k of debt, and places like Yale and Princeton replaced loans with grants a few years back, leaving you with 0 debt. If you made the mistake of having a college fund, though, the amount they expect you to pay will magically increase by exactly the size of that fund.
True. At Stanford, children from families making less than $100k pay Zero tuition. Children from families that make less than $250k receive academic aid so that they end up paying less than if they had gone to a state school unassisted. I believe Harvard is going to start doing something similar.
http://news.stanford.edu/news/2010/february8/tuition-financial-aid-020910.html