Wealthy Southerners

[Anonymous]

Anonymous wrote:

Anonymous wrote:First off, dear ones, southerners do not consider Texas to be the South!

That's okay. Their backward politics and outsized bragging means the rest of us lump them in with "y'all."

yep. All y'all seem pretty closely related. Love the chintz and the South Carolina accents though. Fall for them every time.

[Anonymous]

Some people in the South tend to act rich even if they only have $200K income. It is nothing compared to NY, to answer the OP's question. Counrtry clubs and even private schools cost nothing compared to NY. Southern people more than northern people like the pretense of being rich. Sometimes the Southern people are even convinced of it, despite actual dollars, because of supposed family lore. Usually there is not much to substantiate. Southerners are so funny.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DD has received admission to some Southern schools that have these types of demographics, and reading this thread is a little disheartening. But it will be good for her to learn discernment and how to tolerate all kinds of people while still being herself, if anything. We're still waiting on scholarship and financial aid info to decide on where we'll send her.

Does anyone know if SMU has changed since this thread was started?

There are still rich people at SMU, but the majority of students are a normal mix, especially outside the Greek system. SMU gives good merit scholarships, which has drawn a lot of kids who need them. We have a DS there and the experience has been great.

I went to SMU. We’ve gone back for football games, etc, and my impression is that the student body is more economically diverse than it used to be. The “Commons” system is new since I was there, and I think that’s lessened the importance of the Greek system somewhat. I was one of the “poor” kids when I was at SMU, but I had a great time, and some of the richest kids I knew there were the nicest. TBH, it was the “sort of” rich that were the snobs. The upside of the wealth is that they are generous with financial and merit aid, the campus is beautiful, and the building continues. Every alumni magazine I get has multiple stories about 8 and 9 figure donations for new buildings and programs (the most recent has three). SMU is fairly unique in that there aren’t that many medium-sized universities in the middle of a big city that have very traditional, safe, campuses. Dallas is booming, and I think SMU is a school on the rise.

They ever going to get their football program back?

https://time.com/3720498/ncaa-smu-death-penalty/

Clearly, I am old, but how competitive is SMU in admissions? Back in my day (the early '90's) it was respectable, but classed as for rich kids that didn't get into UT or A&M.

Classic DCUM. Info 30 years out of date and focused on how “competitive” admissions are above all else.

(FYI — there were no rich kids who went to SMU because they didn’t get into UT & A&M in the 90’s. SMU wasn’t that hard to get into back then, but — unless you had a parent that was a rabid alum and wouldn’t pay for you to go anywhere else — everyone applied to either UT & A&M as their fallback. The smart, quirky, kids went to Rice & only went to UT if they got into Plan II).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DD has received admission to some Southern schools that have these types of demographics, and reading this thread is a little disheartening. But it will be good for her to learn discernment and how to tolerate all kinds of people while still being herself, if anything. We're still waiting on scholarship and financial aid info to decide on where we'll send her.

Does anyone know if SMU has changed since this thread was started?

There are still rich people at SMU, but the majority of students are a normal mix, especially outside the Greek system. SMU gives good merit scholarships, which has drawn a lot of kids who need them. We have a DS there and the experience has been great.

I went to SMU. We’ve gone back for football games, etc, and my impression is that the student body is more economically diverse than it used to be. The “Commons” system is new since I was there, and I think that’s lessened the importance of the Greek system somewhat. I was one of the “poor” kids when I was at SMU, but I had a great time, and some of the richest kids I knew there were the nicest. TBH, it was the “sort of” rich that were the snobs. The upside of the wealth is that they are generous with financial and merit aid, the campus is beautiful, and the building continues. Every alumni magazine I get has multiple stories about 8 and 9 figure donations for new buildings and programs (the most recent has three). SMU is fairly unique in that there aren’t that many medium-sized universities in the middle of a big city that have very traditional, safe, campuses. Dallas is booming, and I think SMU is a school on the rise.

They ever going to get their football program back?

https://time.com/3720498/ncaa-smu-death-penalty/

Clearly, I am old, but how competitive is SMU in admissions? Back in my day (the early '90's) it was respectable, but classed as for rich kids that didn't get into UT or A&M.

Classic DCUM. Info 30 years out of date and focused on how “competitive” admissions are above all else.

(FYI — there were no rich kids who went to SMU because they didn’t get into UT & A&M in the 90’s. SMU wasn’t that hard to get into back then, but — unless you had a parent that was a rabid alum and wouldn’t pay for you to go anywhere else — everyone applied to either UT & A&M as their fallback. The smart, quirky, kids went to Rice & only went to UT if they got into Plan II).

Ok, sure. UT and A&M were "fallbacks." Keep telling yourself that, Red Raider, Get your guns up!

[Anonymous]

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

[Anonymous]

Mega-wealth is toxic and not something to be admired.

[Anonymous]

Anonymous wrote:Mega-wealth is toxic and not something to be admired.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

This. You don't see too many people clamoring to move to Alabama and Mississippi. Bad public education, bad health care, bad environmental rankings...I could go on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Especially if you only have two kids, it's really not hard for your college kid(s) to "look rich" when most of their peers are dressed in sweats and hoodies. Especially so if grandparents established a trust to pay for 100% of their college expenses. So, sure sweetie, you can swipe $x,xxx on the Amex every month. Who cares.

Especially when you’re not saving for school, I found the expectation among my richest peers was that they were still expect to look no further than their state schools.

The two states that I know have state scholarships that cover their state schools are Texas and Florida.

Georgia and Alabama as well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

This. You don't see too many people clamoring to move to Alabama and Mississippi. Bad public education, bad health care, bad environmental rankings...I could go on.

People are clamoring to move to the south, it’s something that’s been going on for several generations now. Granted, Alabama and Mississippi are outliers compared to the rest of the Southern states.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

This. You don't see too many people clamoring to move to Alabama and Mississippi. Bad public education, bad health care, bad environmental rankings...I could go on.

People are clamoring to move to the south, it’s something that’s been going on for several generations now. Granted, Alabama and Mississippi are outliers compared to the rest of the Southern states.

Some people are clamoring to move to South to save 10% of income on taxes and cultural grievance reasons. Kinda sad when you think about the implications of this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

This. You don't see too many people clamoring to move to Alabama and Mississippi. Bad public education, bad health care, bad environmental rankings...I could go on.

People are clamoring to move to the south, it’s something that’s been going on for several generations now. Granted, Alabama and Mississippi are outliers compared to the rest of the Southern states.

Some people are clamoring to move to South to save 10% of income on taxes and cultural grievance reasons. Kinda sad when you think about the implications of this.

We have some of the highest property taxes in the country and nothing to show for it (bad schools, poor infrastructure, etc). Unless you own a corporate business no one should move here for tax reasons. To work at those corporations, maybe, but then you're paying high property tax and private education, so your take home is less.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Less taxes, regulation and oversight = more wealth. Try it sometime, yanks.

Unless you're a woman who wants an abortion.

Or someone who doesn't want to live in a state which is at the bottom of every metric.

This. You don't see too many people clamoring to move to Alabama and Mississippi. Bad public education, bad health care, bad environmental rankings...I could go on.

People are clamoring to move to the south, it’s something that’s been going on for several generations now. Granted, Alabama and Mississippi are outliers compared to the rest of the Southern states.

Some people are clamoring to move to South to save 10% of income on taxes and cultural grievance reasons. Kinda sad when you think about the implications of this.

Taxes and cultural reasons are part of it. But also things like cost of living, the ability to have a bigger house, newer infrastructure, a growing job market, climate, being near the beach etc.

Population movement has been from the Northeast and Midwest to the South and the Mountain West, for a whole host of reasons.

[Anonymous]

Texas sounds awesome! I’m tired of boring DC and being sensible with money! Let’s goooo!