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[quote=Anonymous][quote=Anonymous]This has been happening for a decade. I used to work in a University. The big shift in parental involvement ramped up when tuition skyrocketed. To parents, this is one of the largest financial investments they will make. The more expensive college gets, the more parents expect.

Housing at some schools is a real issue so more parents with means are buying investment condos or houses. Honestly, if DS ends up going to the school in the city we are looking to retire in we will likely buy our retirement house before we need it and let him live there or buy one with an ADU / space for ADU and work remotely/ commute back. It would save around 40 K a year. [/quote]

Slightly off topic, but as an insider can you discuss why tuition has skyrocketed so much?

And I don’t know exactly why but I tend to think it’s circular. Tuition is up so parents expect more (dc needs a beautiful athletic facility to work out at, dc needs nicer dorms, dc needs a support contact for X, etc) but all those demands then drive higher tuition. But I don’t know. All I know is that tuition rates seem CRAZY to me. [/quote]

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