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College and University Discussion
Reply to "Is there a tipping point , full pay?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think that it's crazy to pay 400K for anything outside of the top 10 schools and it would be beneficial for everyone to think of college as more of a math problem now. We can afford to pay for our kids to go anywhere but 1 wants to get a Ph.D. eventually so they will look at schools where they have a chance to do research and where they get some merit aid and we can help pay for grad school. 2nd kid wants to be a nurse practitioner. I don't think it's worth 400K for an undergrad nursing degree, do you? I recognize that there are circumstances where an individual kid needs to be in a specific environment but otherwise the price tag is just too high.[/quote] What if you’ve got plenty of money (think north of $25m)…. Kids educations are fully funded in 529s… Then which of these would you pay for: Wake Tulane Boulder Indiana Michigan Wash U Emory [/quote] Any of them. At some point...and you are at it (and honestly, so am I)...the marginal cost difference between the schools is basically nothing to you. It's like Gordon Gekko said in Wall Street..."I sold that building for an $800,000 profit and it was all the money in the world at the time...now it's a day's pay"[/quote]
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