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College and University Discussion
Reply to "Are we all school snobs?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think many posters are caught in a bubble. I recently switched doctors, and my new doctor mentioned that one of his kids didn’t go to college at all and is instead doing an apprenticeship. That surprised me, since you’d assume a doctor’s child would be aiming for a top college. Another one of his kids did get into highly ranked schools but chose to start at Montgomery College because he didn’t think paying $80–90k per year was justified. Outside of the DCUM bubble, it seems like more people are making practical, level-headed decisions as college costs continue to skyrocket. A lot of the school snobbery you see is really just people trying to justify the expense and feed their own egos.[/quote] Correct. Those who think 80-90k/yr is justified need to get their head examined. Unless they feel it’s fair to be overpaying so that others can attend at lower/no cost — because that is how this works. [/quote] What about those of us who don't even notice $90K/yr. I don't need to justify it because it's a minor expense. And, sense we have been paying for private school since DC was 5 the incremental isn't enough to even be noticed. Are we not making a practical decision based on our circumstances?[/quote] Or those who have chosen to save in case their kids want to attend an elite school (and/or grad school). It's not that difficult for many to save to have $400K+ at age 18. If you start when they are born and use the tax free 529, you only need to invest $125-150K at most to achieve the $400K by end of college (or well before) As long as you are not in debt/are not complaining you cannot retire because of the cost of college, I don't care how you choose to spend your money. Some spend on fancy vacations, some on cars, some on $50/day on coffee and eating out, etc. But don't complain later that you are financially strapped if you don't choose to make good choices along the way [/quote] THIS! You choose to have kids, start.saving asap for their future, I have to admit I do judge subcontiously those that can't afford and then go to Aruba and Cancun, your priorities don't equal mine if you can't support your kid. Can't help it, but you do you. I don't think I could sleep at.night if I wasn't prepping my kid for a solid future. [/quote]
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