Is Harvard Education Worth the Price ... and the Loans?

Question: My older son was admitted to Stanford and Princeton but I convinced him to go to UCLA because he was given free tuition.

We don't qualify for any need-based scholarship and my younger son, a rising high school senior, might be facing the same situation. If, for example he gets into Harvard, would it make sense to borrow $50,000 a year or have him follow his brother's example? He is a very hard working student and it's sad that he has to settle.

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