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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It is sad that so many of us have bought into the notion that high-quality higher ed is a luxury good, like a Gucci bag.

For most of these schools, their prestige comes from how few people can access what they're selling. Drive up the price. Drive down the admission rate. That makes the school hot!

Instead of endless marketing and building luxury amenities at keeping-up-with-the-Jones rates, schools should invest in growing their capacity and holding down costs.

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That s chool endowments have more than tripled over the last two decades and the number of enrolled undergrads hasnt gone up by much tells you a lot about the basic supply demand imbalance that we are seeing today.[/quote]

I think that DCUMers make the grave mistake of thinking that the endowment of each school is the bottom line.  It is not. Yes, the full pay parents are paying for the next kid to attend - but the real issue is the donut hole people who have their hand out like it is their job.  The same people who attended private school for nothing, but magically had multiple renovations, and the luxury car/s, living in a house worth a substantial amount. These are not people making the sacrifices they think they are making. They are getting much for nothing, and still refusing to save. Where does it end? DP here.

As far as colleges cramming as many kids as possible into the colleges, you want to live like China? Does that seem appealing? Where are all these professors and seats going to come from?  The same tuition rate?  Likely not. Again, where does it end? [/quote]

What? You think donut hole families all went to private school for nothing?!?!! Lmaof.

I am from a donut hole family and went in-state public university.  Private was out of the question.  It was my only option. I make more than my parents did- but still donut hole—just above the cutoff for financial aid.  [/quote]

Donut hole is often a code for we make a good income and choose to spend it in a way that we aren't saving enough and want to whine about it.  We don't do things like vacations to save...[/quote]
We’ve been saving since my kids were babies. Still don’t won’t have 400k/saved per kid. You need to be well off to save that much PP.  [/quote]

You don't need 400k per kid by HS graduation.  You can pay some as you and take a few loans along the way. Also, your investment for 3rd/4th year should also appreciate some.[/quote]

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