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Reply to "Why does anyone go to an out of state public school if they can get in to their in-state flagship? "
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[quote=Anonymous]The program. For example, Berkeley and Ann Arbor have amazing humanities undergrad programs. I'm in Richmond and VCU attracts a ton of students from all states and countries for the art program. A lot of people have money. My FIL is a boomer who did very well with investments and real estate. He sold one of his properties, made 300K profit and paid our kids' undergrad tuition with it. Boomers are swimming in money. "Older Americans Stockpiled a Record $35 Trillion. " https://www.wsj.com/articles/older-americans-35-trillion-wealth-giving-away-heirs-philanthropy-11625234216 "Boomers, however, are 10 times wealthier. They hold 53.2%, or $59.96 trillion, of US wealth. That's also twice the $28.5 trillion of US wealth that Gen X holds." https://www.businessinsider.com/millennials-versus-boomers-wealth-gap-2020-10 "The typical boomer has a median net worth of $206,700." "Meanwhile, households of younger Americans saw their average net worth decline from $103,400 to $100,800 over those 20 years." https://www.businessinsider.com/typical-baby-boomer-net-worth-debt-real-estate-retirement-2021-12#the-typical-boomer-has-a-median-net-worth-of-206700-6[/quote]
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