Sad that I can’t afford a top school for DD.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Throughout your life as a parent, you made choices about your spending that didn't include planning to have the money for the level of higher education you want your child to have. I'm sure you could have found a less expensive house, taken less expensive vacations, bought food at cheaper grocery stores, spent less on activities and the like. But you didn't.

And now that you are faced with the decision as to how to spend the money you have, which does include enough to pay for the level of education you want to give your child, you do not want to give that level of education to your child.

The only person you should be disappointed in is yourself. You could have but chose not to.

dp.. chill out. College costs have skyrocketed in the past 10 years, even publics.

So have cars, but you don't see me at the BMW dealership demanding they give me a 80K vehicle for $40K, I shop at the Honda/Toyota and don't complain

but a car is not the same as a college education.

-signed a long time Subaru owner

And a 90k/year education is not inherently better than a $40k/year one.

[Anonymous]

Anonymous wrote:If it makes you feel any better, many MC/UMC families are in the exact same situation. Public flagships are filled with upper middle class kids who can’t afford $90k a year Private schools.

She will get a good education and have a blast! Emphasize the positives.

+10. THIS. Yes. Many can’t afford that $90,000 ticket

[Anonymous]

Anonymous wrote:College financials are such an imperfect process. You might think that the higher ranked schools won’t give as much merit aid, and while in general that is true, the specifics may vary by student. My daughter’s highest merit aid amount was from the school that ranked the highest in U.S. news rankings, while she was rejected by a school ranked 5 spots lower.

Tell your kid what you can afford. Have them apply widely and see what they get in financial aid packages.

Which school gave merit and how much?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Throughout your life as a parent, you made choices about your spending that didn't include planning to have the money for the level of higher education you want your child to have. I'm sure you could have found a less expensive house, taken less expensive vacations, bought food at cheaper grocery stores, spent less on activities and the like. But you didn't.

And now that you are faced with the decision as to how to spend the money you have, which does include enough to pay for the level of education you want to give your child, you do not want to give that level of education to your child.

The only person you should be disappointed in is yourself. You could have but chose not to.

dp.. chill out. College costs have skyrocketed in the past 10 years, even publics.

So have cars, but you don't see me at the BMW dealership demanding they give me a 80K vehicle for $40K, I shop at the Honda/Toyota and don't complain

What if the BMW dealership routinely gives cars not just for 40K but for free? Wouldn't you want a free BMW then?

[Anonymous]

Anonymous wrote:If it makes you feel any better, many MC/UMC families are in the exact same situation. Public flagships are filled with upper middle class kids who can’t afford $90k a year Private schools.

She will get a good education and have a blast! Emphasize the positives.

This!

[Anonymous]

Where you go to school matters less than what you do while you are there. She will be fine.

[Anonymous]

Unless your child is able to make it into the most tippy top schools, I think the oncoming workplace shake up will open up opportunities for many who may have gone to lower ranking schools.

Your flexibility will matter more than the name on your diploma, unless you are taking the very top of an organization.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Throughout your life as a parent, you made choices about your spending that didn't include planning to have the money for the level of higher education you want your child to have. I'm sure you could have found a less expensive house, taken less expensive vacations, bought food at cheaper grocery stores, spent less on activities and the like. But you didn't.

And now that you are faced with the decision as to how to spend the money you have, which does include enough to pay for the level of education you want to give your child, you do not want to give that level of education to your child.

The only person you should be disappointed in is yourself. You could have but chose not to.

dp.. chill out. College costs have skyrocketed in the past 10 years, even publics.

So have cars, but you don't see me at the BMW dealership demanding they give me a 80K vehicle for $40K, I shop at the Honda/Toyota and don't complain

What if the BMW dealership routinely gives cars not just for 40K but for free? Wouldn't you want a free BMW then?

So impoverish yourself to get the BMW for free then. Sounds like a great long-term strategy. /s

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Throughout your life as a parent, you made choices about your spending that didn't include planning to have the money for the level of higher education you want your child to have. I'm sure you could have found a less expensive house, taken less expensive vacations, bought food at cheaper grocery stores, spent less on activities and the like. But you didn't.

And now that you are faced with the decision as to how to spend the money you have, which does include enough to pay for the level of education you want to give your child, you do not want to give that level of education to your child.

The only person you should be disappointed in is yourself. You could have but chose not to.

dp.. chill out. College costs have skyrocketed in the past 10 years, even publics.

So have cars, but you don't see me at the BMW dealership demanding they give me a 80K vehicle for $40K, I shop at the Honda/Toyota and don't complain

but a car is not the same as a college education.

-signed a long time Subaru owner

And a 90k/year education is not inherently better than a $40k/year one.

Exactly! You can get a great education at many many schools. Find one you can afford and is the best fit for you. But if you can afford $90K, nothing wrong with spending it if that is a school that's right for you

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Throughout your life as a parent, you made choices about your spending that didn't include planning to have the money for the level of higher education you want your child to have. I'm sure you could have found a less expensive house, taken less expensive vacations, bought food at cheaper grocery stores, spent less on activities and the like. But you didn't.

And now that you are faced with the decision as to how to spend the money you have, which does include enough to pay for the level of education you want to give your child, you do not want to give that level of education to your child.

The only person you should be disappointed in is yourself. You could have but chose not to.

dp.. chill out. College costs have skyrocketed in the past 10 years, even publics.

So have cars, but you don't see me at the BMW dealership demanding they give me a 80K vehicle for $40K, I shop at the Honda/Toyota and don't complain

What if the BMW dealership routinely gives cars not just for 40K but for free? Wouldn't you want a free BMW then?

yes I might want one. But I'm intelligent enough to know that I am NOT entitled to one just because I want it.
And also smart enough to know that if I make $200K+, I'm privileged enough to be able to afford my own and dont begrudge those who are eligible.

[Anonymous]

Anonymous wrote:Unless your child is able to make it into the most tippy top schools, I think the oncoming workplace shake up will open up opportunities for many who may have gone to lower ranking schools.

Your flexibility will matter more than the name on your diploma, unless you are taking the very top of an organization.

Even at the "very top", where you go does not matter! Spouse has been CEO/exec team at 3 companies (CEO at 2). Of the 10+ at each company in the Exec Suite, only 1-2 have degrees from "elite universities", while in fact over 50% have degrees from schools ranked 150+ (so not even "2nd or 3rd Tier by DCUMland definitions) Yet they are all top level execs who got to where they are because of what they do, not the name on their degree.

[Anonymous]

There are so many paths to a happy, successful, and fulfilling life!!

No requirement to attend a college that is $90k+ a year.

Steer your DC to schools that are good fits, including financially. Theyll find their people and thrive there, going on to do well after college, too.

[Anonymous]

The school I went to is now 90k/year. I was a scholarship kid. There's an extent that being in one of those top 10 rich kid schools is a strange experience.

Honestly I think large amounts of debt wouldn't have been worth it (I had some loans). I remember the relentless pressure to go to thrbhughest ranked school and in reality that wasn't the best idea for fit. While my school worked out for me, I do work with people who took very different paths to the same place. It's just a weird psychological pressure we put on highschoolers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Unless your child is able to make it into the most tippy top schools, I think the oncoming workplace shake up will open up opportunities for many who may have gone to lower ranking schools.

Your flexibility will matter more than the name on your diploma, unless you are taking the very top of an organization.

Even at the "very top", where you go does not matter! Spouse has been CEO/exec team at 3 companies (CEO at 2). Of the 10+ at each company in the Exec Suite, only 1-2 have degrees from "elite universities", while in fact over 50% have degrees from schools ranked 150+ (so not even "2nd or 3rd Tier by DCUMland definitions) Yet they are all top level execs who got to where they are because of what they do, not the name on their degree.

This. I know so many random highly successful people who went to Tech, or Penn State, or West Virginia, or even smaller places most have never heard of. If you know lots of successful people, you know this is true.

[Anonymous]

Anonymous wrote:Unless your child is able to make it into the most tippy top schools, I think the oncoming workplace shake up will open up opportunities for many who may have gone to lower ranking schools.

Your flexibility will matter more than the name on your diploma, unless you are taking the very top of an organization.

It already so clearly does. Where have you been?