Reply to Is it responsible to spend 90K/yr in education?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is incredible how expensive college is in this country. Even if you are a multi millionaire and money is not an issue, we should not normalize $100k/year for a college education.[/quote]

It's not normal. It's elite luxury.

Community college, state university, and private means-based pricing all cost far less than $100k/yr

It only costs $100k/yr if you are so rich you can easily afford it, or if you are upper middle class and are paying extra to try to fool people into thinking your kid is smarter than they are at a reach college where they are below average. [/quote]

If you have saved for college, also saved properly for retirement and are not is massive debt (no debt beyond mortgage and cars), then sure go for it.  But in reality, I wouldn't do it unless I also had no debt for cars and mortgage.  I'd rather my kid have $200K for grad school or starting out life (car/down payment).  Because yes, you do NOT make anymore because of the elite school.  Debt is not worth it. 
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