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Reply to "Realized I’m over saving. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Considering college is not 100K a year at 16 colleges and it has been doubling every ten years, the average new born kid could be spending up to 1.6 million for tuition each kid. [/quote] College is clearly on the decline - might not be done in 20 years but it’s struggling and we’re going to see more and more disruptive HS > workplace pipelines. Especially as AI takes over a lot of the “high effort, low skill” professional class work. Tech firms like Palantir are already experimenting with apprenticeships for talented HS graduates that skip college entirely and land them in $200K+ jobs after completion. Also trade school apps are at an all time high. [/quote] This. More and more people even in upper middle classes and professional careers realize they cannot afford the extended childhood for their kids. People are not having kids also because our system has evolved to extract as much value from parenting as possible, making "launching" or raising a child to adulthood last well over 20 years. It's an economic machine, which goal is to extract monetary value and boost local economies. But customers are getting broke and don't want to continue to oil up this machine for more years than needed. The system forcing parents to invest all these years and all this money for a degree with the sole purpose to get their kid a job/career will break sooner than you think. [/quote]
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