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College and University Discussion
Reply to "To you, what schools are truly worth 90k/year"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This begs the question: what would make a half million dollar investment in your child's college education worth it to you? What is the ROI you're seeking? Status label? Job prospects? Social connections? If I were in a position to spend that much, I'd be looking at prestigious British universities too. Oxford, Cambridge, St. Andrews. I have both attended and taught at international schools. I taught in Switzerland (future international bankers) and my sister in law has lectured at Cambridge. You can't beat that prestige and those connections. Well worth half a million and more.[/quote] Good fit. That's all we need. The $$ is already set aside in a 529 account.[/quote] If good fit is all you need, you are lucky. All you need and to do is spend the time and money to do the deep dives into the culture, ethos, etc. of all the schools you want to consider. What a fun excursion - and you can afford it![/quote] Agreed we are very fortunate. But this seems to really upset the pp. [/quote] +1 Many people get upset that they did not plan. Yes, costs are ridiculously high. But 15-20 years ago, it was very obvious we were heading this way. Our FA had us plan for $30K for in-state, $50K for mid cost college and $85K for upper end. That was fairly spot on. We knew we would be full pay (a privilege certainly) so we chose to save accordingly. We prioritized saving for college, it came out of budget before we planned any other extras. [/quote]
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