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Reply to "S/O What is our obligation as parents regarding college $$$?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you aren’t going to spend your money on your kids educations, what will you spend your money on that could possibly be more important?[/quote] NP. I’m not playing unless you answer this fundamental question about what two parents who have a $450,000 income think is a more important expenditure than any college education your kids are able to obtain. Assuming you have retirement savings well under way and are not drug addicts (?) what do you consider a better use of your money?[/quote] By this reasoning, anyone should dedicate ALL of their money beyond baseline sustenance, to the absolute best education. I tried to make this point earlier- should we not then all pay for private schools and tutors and advisors, prioritizing that against all else? Once we agree that *a* college degree is important- why is one better than the other or more better than any? And when you say “education” do you really mean the knowledge and skills obtained, or the doors to big money and social status opened?[/quote] If we had the income I would send my kid to private, no question but we cannot swing the $50-60K. Its not about social status but more about 1-1 attention and higher academic standards. But, the only reason for public is that they allow a more fast pace in math.[/quote]
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