To you, what schools are truly worth 90k/year
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Anonymous
WashU 29 dad here. Honestly cannot wait to write that check! Doesn’t hurt that total cost of college is single digit percentage of my net worth. |
Anonymous
Lol and here you are on an anonymous thread mid smack in the middle of a work day |
Anonymous
| I would have happily paid Wellesley but DD didn't get in. |
Anonymous
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Within the Ivies, not sure about Brown and Cornell. Also rule out WashU and Northwestern. Duke and Stanford are definitely worth the money. But to pay 350-400k for 4 years at a selective LAC in the middle of nowhere no thanks. Williams is the exception because of its brand and yes Holy Cross has the connections to corporate boards but lacks the prestige of a Williams. Otherwise it’s hard to pass on large state universities at a fraction of the cost. Loads of full pay kids going to SEC and Big Ten schools.
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Anonymous
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$91k a year or financial freedom at 30 would be my thinking. DC is 11 and we have $300k just for him from an inheritance. No way will I used it for schooling when I know how much that money could be by the time he is 30.
DC can have fun in community college, transfer to UVA, VT, GM. Financial freedom over most careers. It's not like DC wants to be a doctor and I would love it for them. He will be some regular computer/engineering guy going to a cheaper university while his money grows. Every drama we have ever been through in life, has been because of lack of money. We will be completely vulnerable until DC gets a degree and we get the money back, if we even do. I told my kids to chill, do their best in cheaper schools, and we will let the money grow. It's very personal. |
Anonymous
Varies school by school. It’s 100 pct minus the pct that receive financial aid. Typically 40-70 pct receive aid. Small merit awards can complicate the picture. But about half of students are full pay at top schools. Including us. |
Anonymous
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Is a Louis Vuitton "worth" it?
Is paying for every streaming service "worth" it? Is contributing money to an art museum to help it grow "worth" it? Is having a pet "worth" it? Is giving money to your church "worth" it? Is paying a lot of money for college "worth" it? Each of these questions can be answered differently depending on your own background. Who am I to say what someone else values? We all need to mind our own business, in my opinion. |
Anonymous
| Anyone spending $90k per year on college has forgotten how much time they spent drunk in college. |
Anonymous
Or law school, jobs that still require or prefer an MBA, just about anything in the sciences which may or may not be funded, jobs that require or prefer a master’s (much of DC), etc… |
Anonymous
I know. Sounds odd but it’s true. I just love this thread! It’s like an escape. The debates are so obscure and stupid, yet argued with such vitriol. It’s like an anthropological adventure. |
Anonymous
Yes. That’s the ultimate success and privilege: to have extreme wealth without being chained to a job that requires you to work 24/7 … or even 9-5. Unfathomable to most. But the best of all worlds. |
Anonymous
Also $90K per year is actually $90K per 8 months with all the breaks like winter, spring break and summer. |
Anonymous
What about T25 public’s? |
Anonymous
Oh right people are forgetting to factor another Xk for drinks. |
Anonymous
| To pay $90 thousand a year school needs the Wow appeal. As others mentioned high cost privates Tufts, BC, BU hard to justify over UMass. Same for Lafayette and Lehigh vs Penn State. Do Bates and Colby have the appeal. Higher ed is now very competitive schools like Indiana, Ohio State, UFlorida and UGA are looking good. |