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Reply to "Is it responsible to spend 90K/yr in education?"
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[quote=Anonymous][quote=Anonymous]Let me help you in a different way. The most important question to ask yourself for decision making is how you survive a less favorable outcome in both cases. How bitter and broke will you feel if your kid goes to a $$$$ school and can't support himself vs. if he pays a discounted rate for a state school and ends up unemployed. It's the loss dilemma. Like a risk calculation. Can you afford this risk like a family with tens of mil NW that would just wave it off financially even if disappointed? If your kid doesn't make it, then having extra savings become even more instrumental in helping him get up on his feet or go to a grad school. [/quote] Why does state school mean unemployed as an outcome? [/quote]
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