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Reply to "Psyched! He's closing the Department of Education in Washignton DC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So no more special education, no more FAFSA, no more Pell Grants. I guess the goal is to keep everyone stupid and poor.[/quote] Don't worry, the rich kids can still go to college. [/quote] That is the point. [/quote] I pre-paid both kids’ educations in a one-income family (my spouse stayed at home until the kids were in late high school) by living frugally and putting money into a 529 fund. We kept driving old cars that were paid off, and only did a couple vacations during the kids’ entire upbringing. Then they both got a lot of scholarships, so most of the 529 money is going to carry forward for grandchildren. I also don’t spend money on tobacco, cable TV or other streaming services, alcohol, or tattoos and piercings. For entertainment the kids had library cards instead of expensive gaming consoles — which probably explains the large number of scholarships. Life is mostly about choices like that, but it’s also important to keep in mind that a college degree is not the only path to financial success. Hard work and emotional intelligence are the main drivers. My kids’ friends who got CDL licenses or who work on HVAC systems are making fantastic money right now. I volunteer at school recruitment tables for one of our high school sports teams, and I am often approached by parents who are literally covered from head to toe in tattoos, who ask it there is funding available to help pay for equipment. I tell them that they already blew the thousands of dollars on tattoos that could have been used for their kids’ proper upbringing, so our sports team may not be the right fit for them; it’s unwise to throw good money after bad. That’s a good, national public policy too. As the saying goes, “stupid should hurt”. [/quote] Then you must have a pretty good one income. The cost for me to prepay my kids’ education for public universities is more than $2000 a month. We live modestly and still can’t swing that. Imagine most people can’t either. Maybe don’t be so judgmental. You sound privileged.[/quote] You sound like you don’t know how to invest your money. I invested less than that per month in an aggressive Fidelity 529 as soon as the first one was born. Then ran the Fidelity 529 visa card at a zero balance, but put every living expense on it to get the % back into the college fund, which also added a bit more each year. Your statement is a good example of how misguided the collectivists’ “privilege” mythology is. Sure, wealth is heritable, but the more important heritable trade sociometrically is common sense and emotional intelligence. The biggest key for children’s success is having a non-divorced two-parent family, with parents who have strong work ethics and emotional intelligence. [/quote] Omg. You are not helping your case. Now you sound privileged AND elitist.[/quote]
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