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 two kids who want to study history (etc) and maybe work for the government or teach.  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]

I look way down my nose at adults still getting handouts from mom and dad.  It's pretty darn prevalent in the DMV, and we are talking folks now that are in their 40s and 50s.

This idea that you now have to pay for everything your kid wants to do in life is just out-of-hand.  I mean, my kid is going to college with no loans and has numerous high-paid job offers.  I feel like we have set our kid very well and they can easily afford whatever they want.[/quote]

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