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College and University Discussion
Reply to "Which college is worth $90k?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think HYPSM and then a couple places like williams are worth it. My list would be about 10 schools total where it's worth it. After that, better off going to Wisconsin or in-state and having a 200k down payment for a house. [/quote] This is ridiculous. You’re basing on what you can afford which OP clarified is not the question here. What if you can pay for all your kids college/grad school AND give them each a down payment for a house?[/quote] I'm basing it on my thoughts. I have 8mm in total net worth and 3 kids. I could buy a TON of things I dont buy because I think they're poor choices. I dont think most colleges are worth 400k after tax dollars. I'm not giving my kids 400k and grad school and a down payment for an apartment and a wedding and every little thing in between. But you can, if you like. [/quote] +1 We're in a similar situation and there are a handful of schools that we'd pay the $90-100K for. With three kids, it would greatly impact our retirement and current lifestyle. Our oldest has worked very hard and has earned a mix of merit and athletic scholarships. No judgment for those who pay it though. It's very specific for each kid's needs and their family's finances. [/quote]
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