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[quote=Anonymous][quote=Anonymous]If DC goes to a professional school, it's easily financed and  will/should pay for itself. Why would a parent pay for an MBA/JD/MD when the whole point is to get a job that will pay big dividends? If he decides to take a socially redeeming job afterwards, we could always help with loan repayments.

If DC chooses academia/PhD program, he'll get paid to go, but not enough to live very well. So I'm sure we'll slip spending money his way. But, that's small change and doesn't require 18 years of financial prep. [/quote]

I think it depends.  I have an employee who is headed to Ross (Michigan) for his MBA in the fall.  He makes $115k + 20% bonus.  For him, I suspect it is more about the experience and finding a job he loves, than about a $200k+ paycheck.

There's also a question of timing.  New MBA grads often get decent sized paychecks, but they aren't huge (look at averages).  If you're trying to buy a house and pay for daycare, things can still be tight repaying $100k+ in loans.  [/quote]

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