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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Law/med/any grad school/Phd/MBA

We will pay for all.  Not super rich but we have lived a frugal lifestyle to give leg-up to our kids.  Education is on us. [/quote]

W[b]ell, good for you and it's your money but it's also stupid.  You can give your kids a "leg up" in plenty of other ways.  You don't have to pay for every cent of a decades long education to do it.[/quote][/b]

I disagree.  Law school is one of the great vehicles for upward social and economic mobility.  I transitioned from a lower socioeconomic background to an upper socioeconomic status through law school. I paid for it via federal loans, work study, money made while working menial jobs, then summer associate positions, and my parents made up the difference (at a time when law school fees were more reasonable).  I entered the law workforce as a strong candidate, a clerkship, and then great pay as an associate.  I saved, paid off my student loans at age 37, but had already purchased a home by then and was able to provide for my young children.  I will do the same for my son who has gotten into a top law school.  He will go from basic research/writing hourly positions to $265K a year incoming associate in NYC.  No other professional field in America offers that after only 3 years.  B schools used to but that is no longer a popular route. [/quote]

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