The day my 2 Ivy nos came (by snail mail ;P) was the day I made my decision on which of my other 5 choices to attend.
I mean, yeah, it was a bummer to get those rejections, but it actually steered me to the right school for me in the end. |
I agree, but also I really don't think State U is an impediment to a higher-level positions or lucrative fields. But for most people it isn't really a choice, PP, even for the middle and upper middle class who isn't eligible for financial aid. Many people on here could "technically" afford 90K a year. But should they, considering what old age can cost, and given more tangible benefits, such as downpayment on homes, they can give their adult children? It's important to understand asset growth and wealth transfers from generation to generation. Maybe a brand-name undergrad degree is not the best investment compared to other options that will ease their children's financial pressures in midlife. We're talking here about ensuring ways to make our children wealthy: if they're not over-leveraged on a home and can invest their salaries in the stock market or other real estate, let's say, is that better than putting all your eggs in a very expensive undergrad degree and hoping your kids reach stratospheric levels in their career thanks to meeting the right people and going into a field that venerates the name on the diploma? I'm not talking about low-income families on FA, or very wealthy families who can do it all. I'm specifically addressing the middle class family conundrum, for whom 90K is a workable stretch, but with sacrifices elsewhere. |
ok, but $90k/year isn't a workable stretch for anyone who is truly middle class. Not by a long shot. |
Middle class people don't pay 90k. We pay 20-45k |
DP. Precisely this. Both my kids turned down their schools’ honor colleges for exactly those reasons. They had plenty going on within their majors and other activities - no need for additional “make-work.” |
Exactly. Doing the extra make-work in the honors college of a state university is a horrible waste of time. No one will ever care. |
Plan II at UT is pretty prestigious for those who know. Really depends on where. |
Yep |
My kid is enjoying his honors college experience. Knocking out some gen Ed requirements. Starting a multi year team based research project. Didn't get benefit of top tier housing or early class registration, but after some initial hesitation, he thinks it will be beneficial. |
+1 mixed in with a political agenda! |
+1 |
+1 |
Humble brag.... |
I was going to call "BS". |
Yes $300-450k are full pay $95k/year. I should have quit my job and gone to a 1-bread winner household a few years ago. lol |