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College and University Discussion
Reply to "Is there a tipping point , full pay?"
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[quote=Anonymous][quote=Anonymous]there has to be a point when this (private) isn't worth it for anyone but the super wealthy. is it 100k a year? 125k a year so it's 500k per kid? things have been .. okay .. because the market is up and our accounts are higher than they've ever been. but I have [b]two kids who want to study history (etc) and maybe work for the government or teach[/b]. we can't pay for college and help with an apartment (I know some people can) I just dont get the math. Go to college, find a job, work and scrimp and save for 20 years, save for that downpayment, and save save save. then spend it on college and then set the kid on the same journey .. I mean, obviously we could just skip a lot of the struggle by, say, sending them to Europe for college or go to state school. Start them on their journey with 200k+ in the bank. What a game changer. [/quote] If the kids know that they will not be pursuing high-level, high-paying careers, I think doing an ROI calculation is right. The jobs you mention, even if they move up the levels in government or move into administration in education, will never earn 200K+ and if they do, it will take a looooong time. [/quote]
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