Reply to How the Rich are Secretly Handling College

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We had this conversation about unconventional education several years back.  We realized that our kids weren't going to get any financial aid and that many schools cost 60,000 per year.  I said to my husband:  for 720,000 dollars (we have three kids), we could probably hand-pick a number of really great individuals -- seven or eight -- and have them come to our house and live here for four years and teach our kids only full-time.  It actually seemed like a much better use of our resources than writing big checks to a university which would probably squander most of it in overhead and not really benefit our kids in any appreciable way.  THese seven individuals could travel with our students, take them places, show them things.  The only thing we couldn't figure out was how they would ever get credit for this unusual education from an employer, and how we would handle lab sciences.  But when you think about the outrageous sums of money being demanded for just a BA, it does cause you to begin to think about out of the box solutions.[/quote]

I'm not sure what kind of really great individuals you think will work for $25,000 per year, but I doubt your kids would get much out of this education.[/quote]

You're being way too generous. PP didn't factor in social security, medicare, federal and state unemployment tax, workers' comp, and the travel costs for this large group of people...[/quote]

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