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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

The main point of college is ROI. Full stop. And that's doubly true for your kids, who aren't wealthy enough to be from a full-pay family.[/quote]

No it's not. And, it wasn't for me and my parents either. You live in a very small world if you think you have any idea about higher ed. I have both humanities and fine arts degrees from a middle class background. Your view of higher education is extremely limited -- it's education,  not just training. [/quote]

Okay. So what do you suggest a middle class student with a BA in English do besides law school?

They're SOL. No way to save up for a downpayment on a house or pay back student loans (if they have any) with a graduate or undergraduate degree in the humanities (except a JD). [/quote]

You can become CEO of Disney, like Michael Eisner.

https://en.wikipedia.org/wiki/Michael_Eisner[/quote]

Dropping out of college is better - Bill Gates, Mark Zuckerberg[/quote]

The dumbest possible examples for how to make a life plan.  :roll:  :roll:  :roll:

nb Gates and Eisner came from rich families so they are good examples of "rich people don't need to care about ROI of their college or degree".[/quote]

The dubmer than dumest example is to make a lfie plan out of one very special extra ordinary case.[/quote]

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