Enlightend –
You are correct, in as much as you can’t commit to a Harvard education if you cannot afford it. And while Harvard (or the yeshiva equivalent) may not be negotiable, the 2nd tier schools (which by the way, are very good, just not as “bells and whistles” top heavy) will work with you.
Now, to be fair to the schools, if you choose to live in NNJ or the fancy parts of Monsey, and pay dearly for the glam lifestyle you should be prepared to pay for the luxury of a top $chool as well (no, that was not a type-o).
That’s why my opening remark was 5% of your salary should be your target tuition. That’s reasonable and that’s what I aim for and the schools (so far, at least) go along with me. (Hope I do as well with BMG!)