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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What if you spent lot of money to give kids fancy education but they can't maintain the same lifestyle as they are accustomed to? Does it bother you or them? [/quote]

Sounds like you are the one with the problem that you didn't get the ROI you expected. The purpose of education is not to make money, OP.

There are also many factors. The economy has been SHIT for milennials/young gen x (and the current young adults). They didn't benefit from the dot com era or the real estate boom. They graduated/early careers in a major recession and salaries haven't kept pace.  I also assume that your lifestyle grew over the decades. We were dirt poor (on WIC) and now we make 1.5M/year. Our kids were alive during the poor years and benefitted from the good years so far. We have a lot of retirement savings to catch up on from the poor years, but we do as much as we can to help our kids - security deposits, furniture, we do pay for some vacation costs as i love to travel with them, especially now that we aren't in the same house/town. [/quote]

This.
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