Having any number of kids or none is a personal choice. What’s your point? |
And exactly how are they a “myth”???? |
Its something people made up to complain about college prices, which are absurdly high, to justify their lifestyle choices. |
The well known Dale & Krueger study found that students who are qualified to be admitted to elite schools but attended elsewhere did equally well in terms of outcomes as those who actually attended such schools. "We find that the return to college selectivity is sizeable for both cohorts in regression models that control for variables commonly observed by researchers, such as student high school GPA and SAT scores. However, when we adjust for unobserved student ability by controlling for the average SAT score of the colleges that students applied to, our estimates of the return to college selectivity fall substantially and are generally indistinguishable from zero. There were notable exceptions for certain subgroups. For black and Hispanic students and for students who come from less-educated families (in terms of their parents' education), the estimates of the return to college selectivity remain large, even in models that adjust for unobserved student characteristics." https://www.nber.org/papers/w17159 |
That is a very bizarre take considering that the price of higher education has accelerated at a far faster rate than inflation has. So if the price of a college education at an elite school reaches $1 million a year, anyone who says they can't afford it is just not trying hard enough? |
My Blair kid (4.8 WGPA, 1600 SAT) didn't apply to elite schools because we couldn't afford them. |
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We aren't talking a million a year and if they do, you will make the choice if your kids will attend. And, if you have a million dollar home, and vacation a few times a year plus expensive clothing, dining out, and cars, no empathy. |
Prioritizing education =/= Sending kids to elite schools |
We prioritize education. We don't live in a fancy home, take vacations, but do splurge on extracurriculars, tutoring and other things education related but there is no way we can afford $100K a year and pay for grad school but our kids know that and are reasonable. |
+1, mine will not apply either as its not a good fit for their personality and cost. |
No one cares what you think about their spending habits. At what monetary point do you stop thinking that people just need to try harder and forgo avocado toast? $120k/year? $140? $160? We are already close to $100k/year. Where is the breaking point for you? |
Neither will mine, though his GPA is 4.95 and his SAT 1570 |
If you have two or more kids Then you are talking about close to a million dollars |
I don't know this kid, but that's the least generous read I've ever seen, and honestly either racist, classist, or both. There are a million reasons someone would decide not to attend MIT, but my first guess is that a Questbridge kid is also a kid who has more familial responsibilities than your average UMC white kid from Potomac, and they may have wanted to stay close for that reason. OR...that kid realized they were going to be shockingly underrepresented at MIT, and might have wanted to pursue their education in a space that is more culturally competent. |