Reply to Steer DC to a major with better employment outlook?

Forum Index » Metropolitan New York City

Reply to "Steer DC to a major with better employment outlook?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With these kinds of assets she can live comfortably with whatever salary she earns after graduating from a top college.   If I was in you position, I'd prioritize letting her pursue her interests and living a happy life.[/quote]

But it’s not like she will have $9M at graduation. It could be 20+ years before she sees inheritance from grandparents IF they leave her anything. We can help her financially at the beginning but probably limited since we have to cover our retirement. She would eventually see a sizable inheritance but she might be in her 40’s or 50’s when we pass away…[/quote]

I am somewhat in this situation.  I figured out how to make my own money but I live a less expensive life than my parents and grandparents.  My older son is a sophomore in college and he always tells me how grateful he is that we are paying for his college and not telling him what to major in.  Just like my parents never told me what to major in or to marry rich.  My husband's parents didn't interfere with his choice of a (not lucrative) humanities major either.  He had to change career paths after college but eventually found his footing.

At some point, the greatest gift that wealth allows parents is to support their children having happy and healthy lives.  I believe it can go very wrong to push kids into career paths and rat races that they have no organic interest in.  You can explain the consequences of various occupational choices but I think it's ridiculous to force a kid to pick something high-earning when it sounds like there's zero risk of financial problems in her future.  Large houses and expensive lifestyles aren't what make people happy.  Look at all the research.  What actually makes people happy is doing better than their comparison set.  So you can reframe that for your daughter by making conscious choices now.[/quote]

OP.  Did your husband change into a more lucrative industry eventually? Was he happy with where he landed and was he happy with having to switch?

I had the same experience but wonder if majoring in a more employable field with a minor in humanities would have been an easier choice.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics