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Reply to "Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. I get that $90K is a rounding error for some on here and two weeks' salaries for others. But I bet that for most of us, $360K is not an insignificant amount. And yet we're fighting each other for the privilege of paying it. We are truly idiots for playing into this. Excuse my insult as I include myself in that group. [/quote] PP here. Yes we are. And what, exactly, are we getting for these dollars I ask myself as we work through another move in? A nice campus with dorms that are old and need renovations. Food that is mediocre at best according to DC. Staff, staff, staff and more administrators. [/quote] As a consumer then - What are the very best options where you get the most bang for your money? Please someone provide a link to that list[/quote] This is the right question to ask. Which schools are providing the most resources, the best extras, that make the time at the University worth it? However, you measure… Whether that’s in lifetime earnings potential , or in other ways like renovated dorms with amazing student centric or focused substantive resources/ platforms, and fantastic food.[/quote] I’m not interested in paying more for amenities like renovated dorms, student gyms and fancy food. I will pay more for a small number of schools with superior education (MIT, Caltech) or significant prestige (Harvard, Princeton, Yale). Other than those it is one of our fabulous in state VA colleges. Full pay to most colleges is just a waste.[/quote] Then take MIT off your list. Kendall Square in Cambridge will soon be MIT Square. They have been building massive buildings over the last few years including a Music building. Not a music theatre, a music building. They have a beautiful gym , new student center focusing on healthy eating and other activities. New dorms interconnected with each building. [b]I can’t imagine what they are spending.[/b] [/quote] The answer is: they are spending your retirement money, the money you could have used to pay off your mortgage, or the money your kid had to borrow and painfully repay. We are all indentured servants helping our lord to build fancy castles on his estate. Yay! Who here would still happily attend MIT if it cost half as much but didn't have a new music building, a new gym, and a new student center? Probably everybody.[/quote] I really do not understand the manic tangents this poster goes on about - I can’t be the only one. [/quote]
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