Yet DMV kids seem to want to, and apparently try hard to, attend Johns Hopkins. Yes, of course JHU is overall > CWRU, but still.... Personally, I think Cleveland's a wonderful city, with lots to offer for anyone from pretty much anywhere. |
if your kid is already applying to private schools (mostly those in the 5-8K undergrad size), most are likely $80K+ already. We didn't do large state Unis, because that's not what was best for my kids. Sure they could survive there, but for them the smaller schools offered a better fit and we can afford it. |
DP: Doctors make good salaries, but relative to the education required, costs associated with that and the "lost income" from time in school, they do not make "that much". Most doctors in large cities (HCOL/VHCOL) only make $200-250K as a pediatrician/family medicine doctor. When you factor in $300-400K for medical school, 3-4 years of residency where you barely make enough to live and you have no life during those 7-8 years, they will be 40+ before they hit the breakeven point with someone who was in business or engineering . Not to mention the quality of life in their 20s/early 30s versus someone who started working at 22 (right after undergrad) |
Not from the privates. Look at the Instagrams to JHU. There are almost zero matriculations. I know from our school there is only about one application a year. I specifically asked to see the data because my child was interested. |
Well you likely spent $200-400K on medical school, all while still having to live during that time without a "job". You are likely 40 before you start to actually earn enough money and have loans paid off, and by then you have to start saving for your kid's education. So sure, if you are a heart surgeon, anesthesiologist or neurologist, you make $$$$ but otherwise, you make decent money but many other careers overall pay more. |
lol I'm a lawyer as well and my DS is going to Georgia Tech to study Biomedical Engineering at the #2 ranked school in the country. I'm quite sure he will do alright for himself. |
That's awesome and he'll do great. However, we're talking about DC private schools where the average income of those not on financial aid is easily north of $750K. You''re not going to make that in biomedical engineering unless you found a company. For that reason these kids generally aren't pursuing engineering and most are not becoming doctors either. |
Agree with all of this. It’s also why private school kids tend to major in humanities. They know they’ll get the GS internship as a philosophy or anthropology major. |
Most wealthy kids are not smart enough to be engineers. My experience with the children of wealth is they aren’t very strong in math and science. They also are not motivated to have a hard major. Finance is ridiculously easy “math.” Wealthy children want jobs that sound 1% but aren’t hard. |
Sounds like you don't actually know that many wealthy kids. We are UHNW. Both kids are doing exceedingly well in tough majors (engineering) Know many others like that. Look at Gates oldest kid---Graduated Stanford, medical school at NYU or one of the big ones. Connections may get you into Stanford, but you don't graduate and get into a top med school and top residency without doing well in school. Sounds like you only know lazy, entitled rich brats. There is a whole different world of those who are pushed hard and push themselves hard to achieve the most they can |
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Ehh.
The wealthy kids are getting some $$$ down the road from parents. They know the way to make real generational wealth in this country isn’t as a worker bee (e.g., engineer working hard for that measly paycheck). They use the IB finance gig to move to PE to move to PC or Infra, where they’ll eventually get carry. They know what you don’t. But keep on being a worker bee. |
Umm...we are UHNW and no family money on either side. We do what we love, and our kids are also able to do what they love, because they know money isn't everything (and yes, they will have a healthy inheritance that we will start gifting/giving in their 20s so it impacts their live trajectory). |
Gosh. Ignorant idiot. Lots of wealthy kids majored in math and do quants. Gate’s daughter is a medical doctor. |
| It's the name. The name sucks |
Is Case really worse than Brown, Yale, or Smith? And as for the rest.... "The Western Reserve was a large tract of land, approximately 120 miles wide, in northeastern Ohio, reserved by Connecticut when it ceded its western land claims to the US government after the Revolutionary War. It was "reserved" as a way to compensate Connecticut citizens for their losses during the war and also to attract settlers from New England." My great-grandma went to Western Reserve before it merged with Case. They allowed women to enroll prior to 1900. Unlike many Ivies. The issue is that the U.S. let the industrial heartland wither, which has led to scorn being heaped on the large cities of the Rust Belt. Many of these places were quite normal places to live in the 1930s-60s. |