Reply to My child attends an elite college. It is overrated.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the ROI studies are interesting data, but it needs to be taken in context.  We will Likely spend anywhere from $200k-350k on a humanities type of degree for our daughter over the next 4 years.  Full pay, don’t know where she will be going yet so the cost is a range.  We are DC residents so no great state school.  We are not wealthy but have planned for this.  We want her to have a certain kind of opportunity to go to a school that is the best fit for her.  If we had to borrow the money or she did, it would be very different kind of analysis.   I did not think of return on investment for all the money we have spent on many things for our child, this is the biggest thing, and important in so many ways, but we are not measuring its value with only that in mind.[/quote]

If you are rich enough, ROI doesn't really matter to you. Thanks for the great insight!  :roll: [/quote]

Exactly lol [/quote]

I hear what PP is saying. You don't look at every dime spent on the kid as an investment in need of a return. Sure, to have saved this much, they must be UMC, but they saved and have it and don't view it that way. We are similar though less affluent. We have one in college and another applying next year. We'll get need based FA from top schools or merit for other schools, will have about 100k saved and will plan to pay some as they go. I do want my kid to have options to support herself, which factored into university choice (cache/networks), but I am not looking at numbers on ROI. Part of higher ed is the ed, not just training to a certain income level.[/quote]

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