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Reply to "Is it responsible to spend 90K/yr in education?"
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[quote=Anonymous][quote=Anonymous]Even my 10-year old knows not to blow his inheritance on expensive university when cheaper one will do. The older one will go to CC first before transferring somewhere else. [b]They also know not to buy a home in our neighborhood, but rent it instead and invest the down payment and the extra it takes to own.[/b] It's math for us as there are no special needs and neither of them need any help by going to a better university or be among 'better' peers.[/quote] That's terrible financial advice. What other investment lets you have as much leverage and gives you tax breaks on both the interest and the capital gains? [/quote]
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