Reply to How the Rich are Secretly Handling College

Forum Index » Schools and Education General Discussion

Reply to "How the Rich are Secretly Handling College"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]So...I am wealthy.  Reside in West Coast.  Very new money, and also highly educated.  I made $$$ with a start-up.  I have two children, under 10.

We discuss education with other people.  I have noticed that people who are not highly educated, even if wealthy, will enroll their children in very expensive private schools.  They generally obsess about "which school are your LO's attending?"  The same for highly educated, but of modest means.

However.

The very rich, who are also very, very educated (I am talking Ivy/Ivy-equivalent undergrad, with same advanced multiple degrees) are now secretly espousing the view that education, whether public or private, is a has-been.  Information is readily available, and they see it as not worth the money.

What they are discussing doing, is giving their children unconventional educations and experiences from early childhood, and pushing them to create--companies, non-profits, whatever, at an early age.  College is a fallback, if other ventures fail.  And certainly something to drop very quickly if other ventures flourish.  Depending on their location, they may still go private, but some surprising don't.  Most do, due to security concerns.  But college as in institution is something that this group really despises.

By the time my children are college-age, the truly elite may have moved on to other circles for post-secondary education...and colleges will be another version of public schools.  The wealthy/smart money are fleeing institutional education.

I know this because I am part of this circle.  And I am posting this because this is an anonymous forum and I think it's something worthy of discussion, depending on what you are seeking for your children.

What do you think?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics