Reply to What is the cumulative cost to parents of competitive/club sports (K-12) per child for a recruited athlete for college?

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[quote=Anonymous][quote=Anonymous]Infinitely more than the economic return.  [/quote]
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Everyone I Know (or at least it seems that way) who pushed a kid to do competitive sports, with the notion that "it will pay off with a college scholarship" wasted their money.  Most spent more than what 4 years at those schools currently costs.  Think $15-25K/year(possibly more when you include all the travel weekends, summer events, etc that you took the family too and paid for 1-2 hotel rooms for 2+ nights) since age 7/8. So 10+ years of $250K.  Had you invested that, you would have enough for the $90K/year top schools as well as another $50k+ for grad school  But most kids, if they get to play in college are at a school that doesn't cost that much and many times they don't even get full tuition let alone R&B (unless it's Div 1 football/Basketball).  
One kid had a roommate who was track and field at Division 1.  Only about 75% of Tuition was included, but none of the R&B (that was $16-18K and required to be on campus first 2 years).

My own (non-athlete) kid got an automatic 1/3 of tuition paid for with merit. So the athlete got an extra ~$18K paid for per year.  That was it.   Now track and field doesn't require as intensive, expensive training as most sports (and I dont' think there is Travel T&F), but in general, it rarely works out financially.  And athletes have a hard schedule with training, mandatory tutoring, traveling for events and still taking courses, etc.  Not sure it's worth it overall.

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