Reply to YCBK - kids being funneled into IB and consulting

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]my husband and I disagree about this. we have a humanities boy and I'll for him getting some money. DH thinks it's gross or "selling out" or whatever.  I know my own life was helped a lot by an infusion of a bit of money at 20. I got that bcs my dad died. But I could buy an apartment in nyc at 25, etc.  So much of my life was easier bcs of that money. I'd rather not have to die for my kid to have this. Do it for a few years and then go to law school or whatever you want to do. It's not a bad thing to have on your resume. and I know plenty of people who did this and left. you're not stuck forever.[/quote]

No kid making IB money is going to want to become a lawyer now that making equity is getting more and more difficult

Boomers pulled that ladder up and away. Gen-X/Millennials will be the last gasp of high earners at law firms and even some of the younger ones there are getting pushed out, when they wouldn't have a decade ago[/quote]

people do it all the time. IB is not as fun as kids think it's going to be.  (neither is being a lawyer, but they'll find that out in time)[/quote]

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