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Reply to "Jealous of Big Law partner spouses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The best part of having a biglaw or other high earning spouse is that you don’t have to worry about college for your kids or worry about money. We can pay 400k each easily for our 3 kids for college and then also easily pay for their grad school tuition, weddings, etc. If I worked all those years and could not pay for my kids college or they couldn’t attend a private university, that would bother me more than division of labor.[/quote] I think it's much worse seeing parents paying 50K (per kid) a year for private school only to have them end up at mediocre universities which they could've gotten into just going to a public HS. [/quote] What if 50k to them was like 2500 to you? That is the way I think about it. I do not miss the 50k. Just extra money floating around. Could it be spent somewhere else? Not really. Could I save for retirement? Already put aside 400k a year. Don't need more.[/quote] Regardless of it being nothing to them, I think it's rather embarrassing to spend that much only for your kid to end up at like Dickinson. Of course, it's much worse if you're faking pictures of your kid on the rowing team and paying off coaches just to get them into USC.[/quote] If a parent is a biglaw partner with a SAHM wife who also attended Harvard or Princeton, the likelihood of the kid going to a crap school after attending Sidwell or NCS is low. It is much more likely that the kid will attend a better school than someone who went to public school. I say this as a parent of a child who is currently at a good public (Langley in McLean). The parents who went to Ivy+ schools, making millions and sending their kids to 50k private schools is much more likely to have a kid go to a top school than two average parents sending their kids to public.[/quote]
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