Reply to Why would you pay full freight to send your kid to Middlebury?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The people who send their kid to Middlebury may only have $300K HHI but they have education trusts from grandparents to pay for everything. All the grandkids and parents stand to inherit at least a couple million bucks each. Kids almost always attended top day school or boarding school. College choice is made without any concern for money. Capital gains.

This thread is full of naive strivers. Enjoy your public high school and public U. Be sure to study engineering or accounting or nursing like a good worker bee. The Middlebury kids will study whatever they want, pursue a passion, marry well, and still live in better neighborhoods and send their kids to top schools.[/quote]

^ It's true and beautifully and persuasively stated. But when you look at the world through the lens of ROI, as the OP does, they can never be convinced by points you made.  [b]Their value system is just different.[/b]  I long since gave up on trying to explain to public school parents why I sent DC to a private.  It's a waste of time.[/quote]
yes, you want your kids to be around rich people who are just like them. It's dumb.[/quote]

NP I would not want kids around you!  You are rude and judgemental.  You also are rejecting a system that has worked for a long time because you are judgemental. In my family generational wealth is way more important than a one-off and it protects future generation.[/quote]

So, you are saying that the Middlebury education -- as part of the "system that has worked for a long time" --  is for those kids who won't have to worry about getting a job, supporting themselves, getting a good financial return for their education.  Which, sure, IF you are in that position, go for it.  It sounds lovely and I do not begrudge you or your child getting that education.

But, for the great majority of parents/teens making the college decision it DOES have to be a financial ROI decision.  I guess I could go into debt for my child to go to Middlebury and hang with the generationally wealthy to get those supposed connections or marry rich. If they'd even want to hang out with my MC kid? From PPs statements, sounds like they'd be shunned so I don't see how the potential "connections" are going to come through.

All the research on college outcomes shows that, except for minorities and first-gen students, the selectiveness of the college has zero impact on outcomes.  So, yes, for my non-generationally-wealthy family, we'll end up sending our kids to the best schools they can get into that we can afford.  By doing that, we'll have more money to someday pass on to our kids and they won't have college debt to pay off.  Maybe we can someday be generationally-wealthy too and my grandchildren can put down others who make reasonable financial decisions about college.[/quote]

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