Reply to The insanity of 1%er East Coast parents and college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, life would be much easier if we lived in bumble town North Dakota and my kid just applied to State U or Directional State U. I am somewhat envious of that.

But we are not there.[/quote]

What? Are you disgruntled because you are a 1%er with a kid who wants to go to an elite school because of name and thinks their wealth makes them entitled ? Those days were over a generation ago. Mine are at different ivies. We are top3% income ie full pay & make it work because we saved. Most there are on aid. Smart is the new rich. Me and many of my elite college peers went there highly aided in the 90s, now we make enough for our kids to be full pay. Since they are as smart or smarter than we are they got in just fine no hooks (in fact their demographic is a bit of a negative yet they still got in). There are plenty of non elite but still T75 for 1% wealth who are not in the top% of smarts/talent. [/quote]

Sometimes people in your position are the worst.  They grew up needing financial aid.  They did well and are able to pay for their kids unlike their parents.  Because they saved the money it gives them a sense of entitlement that y they didn’t have growing up even though nothing but salary has changed in their lives.  That and bigger material goods.

Smart is not the new rich.   Smart is such a generic term that it means nothing.   It’s overused.  Our kids don’t need financial aid, we didn’t need financial aid but we don’t worry about prestige.   We don’t have a family full of geniuses and don’t try and pretend.

Some of our family members including children, cousins, aunts, uncles, siblings, etc went or go to Ivy League, same with trade school (community college), others went or go to schools I have no idea how they picked them.

Not everyone with money is clamoring for status.  Most do want success and a school with a good fit no matter which school that may be.  [/quote]

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