I"ll PP you replied to - I agree with your non-negotiables...but for some people that may mean not living in DMV. I have a friend who is what this person would call "downwardly mobile" who decided to move from an expensive CA market to a smaller town in the south to be able to live a more comfortable life. |
| Because DCUM is full of insecure new money. |
There's nothing inherently wrong with going into those high-paying career fields, but when you're forcing your kids into them (see: the number of people on this forum who refuse to pay for a liberal arts degree), you're setting up your kids to be miserable. |
Then you tell your kids to work hard, take school seriously and enjoy all the new information and ideas they’ll be exposed to while they get their degree. Encourage them to take some classes just because they’re interesting or unusual, and teach them to respect their professors. But too many kids show up thinking they’re buying their degree and their $80,000 gets them good grades and a career. |
|
Do you want to focus on football or frat party??
Or how the weather is nice? |
|
"But if you have the money to save up $300k (or $160k for being full pay at a state school) for college for each kid, isn't that a testament to your own economic privilege?"
What if you don't have that amount of money saved? Contrary to your assumption, not everyone on DCUM does. But, unlike you, we don't get any financial aid, much less a full ride to an Ivy. Is it then okay in your mind to be concerned about ROI? For someone with a (free) PhD in Psychology, you seem to lack understanding and insight into reality. |
+10. |
My philosophy major DH is doing very well. Just don't go into teaching it.
|
| Can you imagine being given a free ride to a well known college and coming out of school w/o that debt? This is an unusual twist of privilege. |
Inheritance is the only sure way to be UC. There are plenty of people who study hard and work hard and the vast majority will never be UC. If that’s the most important thing for your kid, tell them to find a nice boy with a trust fund and forget to take their pill for a few cycles. |
You apparently learned nothing. People follow their minds/hearts on what they want to do. The maximum options is the best way to proceed. And why would someone not want to make a lot of money? Money is useful. |
What is very odd about the folks on this board, is that they seem to have the "right" way to become wealthy and the "wrong" way to become wealthy. The right way is to be a drone at an IBank, P/E, Law Firm, Silicon Valley, etc. where it is a "low-risk" proposition in that you are paid well all along the pathway. Of course, many of the kids going this route don't do it because they have any interest or passion for the work (how could you...the work is mindless), but they know it is a path to $$$s and it really is just outlasting the competition. The churn rate is massive during the early years of these professions, so you just have to eat s**t and bear it. Now, mind you in law, IBank and P/E you get to a level and there are execution partners/MDs who have to do the grunt work of getting the deal done, and there are relationship MDs/Partners who are way more valued because they actually bring in the clients. You will of course be pissed to know that the relationship guys will be the D1 athletes that spent time building the connections and having fun...but that's life. Mind you, the relationship folks probably get paid a factor of 5x the execution folks. Execution people are a dime-a-dozen, but if you can "sell" business you are invaluable. Even posts regarding Tech sound much more like trying to achieve Middle Management at Initech vs. god-forbid your kid deciding to ditch the corporate life and create a start-up. Does not sound like many future Zuckerberg's are in this group. I finish with an interesting little story. Girl I knew, yes from an Ivy, was an English major. She was obsessed with Hollywood and screenwriting and quite motivated. Headed out to LA after graduation and started at the bottom with no connections...other than alumni who (no surprise) held some interesting positions and were willing to lend a hand. Fast forward, and she ended up being a Show Runner for a top TV show for many years and getting a piece of the show (and it happened to be one of the shows with multiple offshoots). I would imagine her net worth is in excess of $100MM. I assume that qualifies as UC in everyone's world? Of course she got wealthy the "wrong" way because there was no safety net and she made peanuts for many years as she clawed her way. If your kid is passionate and has drive and work ethic, then that is worth 1000x just about anything else |
For every miracle story like hee, there are a million other underpaid wannabe screenwriters. And I bet a lot of those underpaid, underemployed screenwriters have “passion and drive and work ethic.” |
LOL +100000 I'm pretty sure that most of the people here are college educated with decent thinking skill, yet they come up with - well someone I know, well my husband, well my cousin well my bartender LOL |
This. no creativity either. Or kindness. Money money money money. |