Reply to The insanity of 1%er East Coast parents and college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you think this is limited to the 1% you have blinkers on. [/quote]

True but the point is it’s most insane for the 1%ers. [/quote]

NO. It is easier for 1%. The degree to which it is "most insane" is entirely a dynamic they magic out of their own neuroses and has absolutely ZERO to do with actual limitations on their options.

The 1%ers who choose to go the route of massive donations or spending enormous sums on private school/test prep/college advising/etc. in order to guarantee their kids entry into one of a very narrow range of schools are just being stupid. That's it. It's a stupid game akin to the billionaires who compete over who has the biggest yacht. Only worse because in this scenario their children are the yachts and their educations are being used in a d*ck-measuring contest. Gross. But not actually that hard to opt out of. Just don't.[/quote]

We are in the top 1% or .5%. I grew up as a poor immigrant kid. I was equally focused, if not more, than my current high school student. Education was my ticket out of poverty. There was no back up plan. My rich kid can go to any school and will probably do fine.

Ambition and striving are popular to put down on DCUM. I wonder if this is what non ambitious say. I hear this in real life from adults who come from family money, but are unimpressive themselves or have unimpressive children. They call the achieving people strivers and look down on them.

I am proud of my achievements. I am proud of my children’s achievements. [/quote]

The only “achievement” you mentioned is wealth.  [/quote]
DP. But what did you achieve? Do share![/quote]

Not the PP but I was from a broken single-parent home and went to an elite college on full pell grants and lots of aid. Like a couple other PPs I worked hard to make a better future. I had 99th %ile SAT scores and was Salutatorian, no FGLI boost back then. I have plenty of money, alas based on google I am not the vaunted "1%" income this thread refers to. I am however very wealthy and am full pay for my kids. The $ is not why I am proud. I am proud of what I achieved because I am a doctor and the head of my division. My spouse who was also poor is now a lawyer at a top firm. They worked hard as well to get where they have gotten, but our elite school was a huge part of our success. The support and structured advice we got there was immeasurable. Once we knew our children had the academic capacity and raw intelligence mixed with drive to have a good shot at a T20, of course we moved them to the top private school and encouraged  them. Of course they did not need tutors or any fake EC/nonprofit-starting or anything like DCUM people do. Rather we encouraged them to be their own best, put energy into ECs they enjoyed, and be resilient. We did not want elites for $, rather for the same benefits we got: super smart peers, faculty who care and encourage all students, and every door open to them with more resources than imaginable. My kids are at T10/ivies and will likely go into medicine and a phD, which are not top-1% lucrative, and we could not care less. They can teach high school if they want, we do not care! The point is to get the best education and a leg up to get into any career, and the elites provide that. From my point of view elites are about exposure to to brilliance and endless possibilities. Luckily these schools are more socioeconomically diverse and more welcoming places to poor kids these days. Financial aid kids from public schools were a minority back in '91 and '93.  There was never desperation on our part, just encouragement to try for the best. We considered anywhere in the T30ish to be a huge win, it was not top10 or bust[/quote]

the elite colleges are not economically diverse. [/quote]

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