Reply to Is U Michigan OOS worth $400K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]400K post tax money.  So many delusional parents in DCUM.[/quote]

Not for us. I invested aggressively in our 529 and made $200k+ for UM tax free. In fact, in 2022 and 2023 our gains paid for tuition in full. [/quote]

lol it's still money and 400,000.  No one asked if you had it.  The question was is...is it worth it.[/quote]
Worth is subjective and will depend on your resources and alternatives. We are full pay, and like a PP, aggressively saved in 529s from birth, and how have >400k in a 529 for each kid. If the youngest wants Michigan, and gets in (probably won't), yes, we would pay. It's all about the alternatives and their costs. If we couldn't so easily afford that, the kid would go in-state or to a lower-ranked school that gives merit discounts. But we can, and as much as I think that's uncommon, apparently there are plenty of others who can also easily afford it.[/quote]

Unless your kid wants to be an engineer, sorry (I think that's a stronger argument base on salaries and career outcomes), this is not subjective.  Not worth it.  That's different than you wanting to pay for it because your kid wants to go there (that's subjective).  Two different things. [/quote]
All of worth is subjective.

So worth, for you, is ROI. Incidentally, kid happens to be aiming for engineering, tho for ROI I doubt the difference is very significant over other state schools, and is not part of our consideration. We also have a kid at a T10 who originally went for poli sci, now changing to engineering.

Worth, for us, includes my kid wanting it and us having no issue of affordability, no impact of the additional spending over our in-state option.[/quote]

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