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Reply to "Middle class families - Are you willing to take on a ton of debt for a top college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I went to UVA for undergrad and law school. It's an awesome school. If my kid gets into Columbia and UVA, I would pay for Columbia, bc Columbia is a better undergrad than UVA. Columbia opens doors that UVA does not. How could you ever say you wouldn't pay for the better school? I could pay cash for her tuition, but even if I couldn't -- if I was the poors -- I would take out loans, beg on the street, I would do ANYTHING to get the $. That so many would be unwilling to do so is a terrific indication of why you are middle class in the first place -- you will not do whatever it takes to get to the top. Sad you condemn your kids to your life of meritocracy. [/quote] +1 I thought it was pretty much a given that parents would do whatever it takes to help their children get ahead. I'd be willing to eat beans to send my kid to Columbia. [/quote] I love the elitist on DCUM, always classy. In many fields, Ivy League really doesn't mean much. Spending a ton of money on college is often a bad move financially. That extra 200k that you saved could end up being over a million if you invest it instead. And that is money that you might need for retirement or maybe your kids inheritance.[/quote] +1. [/quote]
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