Reply to single income family/ SAHM major disadvantage

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It cuts both way.  I have a HYP classmate who chose to be a stay at home mom her whole life and dedicated her time to tiger parenting her kids.  Now her kids both go to ivies and because her husband is a government worker, I assume they don’t pay a penny in tuition because their HHI is under 200k unlike rich parents who will pay 90k/year.[/quote]
I'm guessing they don't have a sizeable retirement nest egg.

Also, big state schools don't give out much aid, so your kid would be limited to private schools that are willing to shell out $$$.[/quote]

LOL.  I am a SAHM and we were able to afford college and my kids also got full tuition in merit scholarship.   [b]The fact is that being able to afford college is a flex for most families that need two incomes for it. We were able to do this because of what DH earns, as well as the fact that my kids were high performers and got the merit money. We have since converted their college fund to Roths in their name. [/b]

I think my flex remains that my kids are super smart, well adjusted, secure, happy kids, who are also very successful and meeting all the life milestones.  And my being at home and putting in the work played a significant part.

[b]But, in reality, I have seen broke-ass people and dysfunctional families in all sorts of employment situations.[/b]

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