Is graduating a semester early a rich kid trend?

[Anonymous]

Watching my oldest daughter and her affluent friends...

UMC and rich kids grow up fast. They have been visiting friends or older siblings at college since they were 16 or 17. They've been traveling all over the world. By the time they get to college themselves at 18, they're already sort of too cool for school. Once every month or two they jet off to a weekend trip somewhere. By age 21 their college feels really immature, the college town or neighborhood feels slow and small, and they're itching to get out. If you have the credits, what it the point of sticking around? They're over that rah-rah immature crap.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I wonder if kids who do this will regret it 10 or 20 years down the line? Like that whole eager to grow up thing, undergrad is soooo lame and passe.

...then in 20 years you realize how much fun and carefree college was.

Don't get me wrong, rather have our children graduate early than take 5 6 7 years to finish. But I don't really get the rush to finish and leave campus in 3 or 3.5 years.

Well, we know for certain that kids who take 4 or 5 years with 6 figures student loan debt regret it every single day, so...

It's all about the Benjamins--college is expensive. If you leave a semester early, that's 25K saved at some private schools. For some graduates, starting salaries can be in the 30K range and it all adds up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I wonder if kids who do this will regret it 10 or 20 years down the line? Like that whole eager to grow up thing, undergrad is soooo lame and passe.

...then in 20 years you realize how much fun and carefree college was.

Don't get me wrong, rather have our children graduate early than take 5 6 7 years to finish. But I don't really get the rush to finish and leave campus in 3 or 3.5 years.

Well, we know for certain that kids who take 4 or 5 years with 6 figures student loan debt regret it every single day, so...

Stop this fake meme. Hardly any kids have six figures of *undergrad* debt. Max you can even get for federal loans is $50 or 60k. Most decent colleges have average loans of like $20k.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if kids who do this will regret it 10 or 20 years down the line? Like that whole eager to grow up thing, undergrad is soooo lame and passe.

...then in 20 years you realize how much fun and carefree college was.

Don't get me wrong, rather have our children graduate early than take 5 6 7 years to finish. But I don't really get the rush to finish and leave campus in 3 or 3.5 years.

Well, we know for certain that kids who take 4 or 5 years with 6 figures student loan debt regret it every single day, so...

Stop this fake meme. Hardly any kids have six figures of *undergrad* debt. Max you can even get for federal loans is $50 or 60k. Most decent colleges have average loans of like $20k.

It’s only a fake meme if you live in a wealthy person’sbubble. People take out loans that aren’t federal loans because the federal loans don’t fulfill all their needs. And lots of people go to colleges that are not “decent” that don’t commit to fulfilling all your financial needs, or even for profit colleges like the recently shut down Trump University which are predatory schemes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if kids who do this will regret it 10 or 20 years down the line? Like that whole eager to grow up thing, undergrad is soooo lame and passe.

...then in 20 years you realize how much fun and carefree college was.

Don't get me wrong, rather have our children graduate early than take 5 6 7 years to finish. But I don't really get the rush to finish and leave campus in 3 or 3.5 years.

Well, we know for certain that kids who take 4 or 5 years with 6 figures student loan debt regret it every single day, so...

It's all about the Benjamins--college is expensive. If you leave a semester early, that's 25K saved at some private schools. For some graduates, starting salaries can be in the 30K range and it all adds up.

This. Everyone I know who graduated earlier did it for money reason. My daughter would have to do that too because she had enough IP classes to graduate in 3 years. However, she got a full scholarship and we are encouraging her to do a full 4 years. We will see if she still wants to do it.

[Anonymous]

Anonymous wrote:Watching my oldest daughter and her affluent friends...

UMC and rich kids grow up fast. They have been visiting friends or older siblings at college since they were 16 or 17. They've been traveling all over the world. By the time they get to college themselves at 18, they're already sort of too cool for school. Once every month or two they jet off to a weekend trip somewhere. By age 21 their college feels really immature, the college town or neighborhood feels slow and small, and they're itching to get out. If you have the credits, what it the point of sticking around? They're over that rah-rah immature crap.

Poorer students want to graduate early to save money. Rich students want to graduate early so they can start their trips to Europe or elsewhere early before their Network finds them a posh job.