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Reply to "I find it annoying when people get on here and say it really doesn't matter where your kid goes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] It seems implausible that so many people are making such a fuss and paying such a premium over nothing. Markets are generally very efficient. But for some reason here people are inexplicably wasting their time and money. I think it may ultimately matter more than people think.[/quote] Revealed preferences work both ways. If you legitimately think it’s T20 or bust then a couple of grand on SAT prep is not enough. You should be spending hundreds of thousands (in addition to private school tuition) on personalized coaching, prep, school donations, your own networking, nonstop prep for elite ECs, whatever it takes because the lifetime difference in salary and success is going to be much more than that for your kid, right? 24/7 project for three years because it’s the difference between success and failure for life, right? IT MATTERS. Alright folks raise your hands if you are willing to drop $250,000 more to get your kid much better odds at getting into Vandy or Notre Dame! Some people did but they went to prison. They thought it mattered so much they would do anything even though they were already very rich. [/quote] Everyone here has a 7 figure salary + trust fund. Dropping 250k is chump change. Most of us are planning to buy our preferred school a new building.[/quote]
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