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College and University Discussion
Reply to "Why do some parents come on to college boards..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]When my kids were babies 18 years ago--the top privates were around 55-60k. My kid's top choice is now just under $90k. That is a big difference for the amount of time, college prices really inflated. Many sock away in the 529 at set rates when their kids are small...and like someone said then at some point in HS they realize inflation has spiked tuition rates. Life is busy with kids and you aren't tracking college rates so carefully...and then you open your eyes and the sh*t is real. My neighbors with a newborn had no idea their alma mater now cost $87k full-pay. They have only been out of school 8-10 years. Fwiw, 4 years go my kids' private HS was $24k and next year it is $33k. The last two years had the biggest increases in tuition in over a decade or more. No longer the 1.5-2.5%. [/quote] We've saved since birth. My kids will still go to a state school. See how that works. If you are paying for private school and have a large income, you can afford it or you need to make different choices. None of this is a surprise. Stop making excuses. [/quote] Same. People try to use the excuse - "but we only just started making $500k a year.....WHAAAAHHHHH....." Are you effing serious? Or, they are spoiled, their parents paid for their college (and everything else), they have no idea what stuff costs, and they expect their parents (even though they are grown adults) and other people to literally bail them out. Cry me a river - you work under the table for ten plus years with free benefits, you pay for your own college - before someone reports you. [/quote]
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