At this point we have a vague idea of the colleges we're shooting for. We live in the midwest, so reputable midwestern schools are on the list. Schools like the University of Michigan, University of Chicago, University of Illinois, Notre Dame and Northwestern are all on the list. Some of the Ivy League schools are on the list - Harvard, Yale and Princeton. Stanford and MIT. Sonny expressed an interest in the Foreign Service last year, so Georgetown was added to the list.
Unfortunately, finances are a big issue here. Although Sonny's had a college savings plan since he was 6 months old, we haven't contributed enough to cover the tuition at the exclusive private universities, which makes the public universities more feasible for us.
However, this past week I came across a list of the worlds top universities that makes me think we should be thinking globally. According to the QS World University Rankings , the top university in the world for 2011/2012 is the University of Cambridge in the United Kingdom, with a pricetag of $18,000 to $20,000 a year for international undergrads. Harvard comes in at number two at double the price - $38,000 to $40,000 for a domestic undergrad. MIT and Yale took third and fourth places, both at $38K to $40K, and the UK's Oxford University was fifth at $20K to $22K for international students.
Food for thought.
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