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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am happy to spend the money on an expensive school for my kid. I have worked really hard and made sacrifices to do this. My parents did the same thing for me and I had an incredible four years at college and made lifelong friends and professional contacts.

Yes, one can do that at a cheaper school. But if my kid decides that an expensive school is really the right place for them for good reasons, I'm spending the money. I will make sure it is the right reasons.

But this is how I prioritize my money. And I'm fortunate to have the resources to do so. Many others don't, and their priorities are different, and I 100% respect that. Not for me to judge. But don't judge me either.[/quote]
Your parents didn’t do this for you, though. The cost of college has been growing much faster than inflation. [/quote]

Yes they did. College was still expensive back then. Agree not like today, but I know plenty of kids who had to settle for state schools or schools that gave scholarships that they didn't really want to attend, while my parents did not limit me. I had a very nice childhood but they definitely made some choices that made it easier for them to do this.[/quote]

Controlling for inflation, what our parents paid for us to go to Ivy League schools was what we would pay for our kids to go to a Penn State level OOS flagship.

What our grandparents paid for our parents to go to those schools was what we would pay to send our kids in state.

The sacrifices you are making for your kids are far greater than the sacrifices your parents made for you. And unless they choose to step off this treadmill, the sacrifices your children will have to make for your grandchildren will be even more extreme.[/quote]

+1. These things are not the same. [/quote]

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