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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think private tuition for college is only worth it if your kid can get into a top 10 (maybe top 15) school; if they can get into an ivy or Stanford, Chicago/Caltech/MIT or the like -- I can consider parents doing everything possible to make it happen. But what I really don't get is the parents (who are not independently wealthy) killing themselves to make sure that their princess can go to her dream school -- Boston U or Babson or Middlebury or whatever. I say if you can't make the cut for the top 10, go to your in-state school. The education offered is no different and the name on the resume just doesn't mean anything once you get below a certain level. If you're an engineer from MIT or a finance grad from Wharton/UPenn -- that stands out in some circles and often for life; but your typical person and hiring manager cannot tell you whether a chemistry degree from Maryland is any better or worse than one from Boston U. Now if the parents are independently wealthy -- do whatever you want. I just don't see killing myself or letting a kid take out HUGE loans bc they can imagine themselves on a certain campus -- I guarantee they'll be fine on some other, cheaper campus as well.[/quote] 100% agree. Every word. No kid of mine is going to Davidson or University of Richmond. NFW.[/quote] +1. Add to this -- I also wouldn't pay out of state tuition to go to a state school in another state because a program is marginally better. If we're still living in Maryland by the time DCs are 18, they are going to UMD. I don't particularly care if Penn State or Rutgers has an undergrad business school or engineering school or whatever ranked 10 places higher than UMD and frankly I don't think hiring managers care either because they don't keep rankings memorized; I think they look at a resume they see -- ok -- big northeastern state school, how well did applicant do there. Now if they can get themselves into a Wharton undergrad or Sloan (MIT) business school then that's a different ballgame and I'll do what I can to make it happen bc those schools do open doors to different kinds of jobs at higher salaries and offer different types of mobility over the years -- I've seen it time and time again. Same thing with fields like engineering -- Caltech, MIT etc. are show stoppers -- otherwise state school like everyone else.[/quote] +2. The hand-wringing I've seen on this forum about DCs potentially attending a state school is ludicrous.[/quote] I just wonder about the end goal? All that pressure, stress, worry..... Over what? So your child gets into an Ivy. Then what? Are you going to continue to worry and fret and pressure your kids over the perfect major and GPA. And then? Grad school, a job in the perfect field making tons of money? And then? Your kids get married, end up in high pressure (but high paying) jobs, never see their own kids, but as soon as they find out they are pregnant they'll start searching for perfect daycare/nanny so that Jr. can get into a great preschool to assure entry into a top private so that he can get into an Ivy .....and it starts again. I have three in college. One at an Ivy simply because she is wicked smart. Two at state schools. My Ivy kid is studying Special Ed. She'll never be rich but it's her passion. At some point you have to back off and let your kids choose their paths. Most of the people on this board are miserable regardless of HHI. Is that really what you want for your children? It really is ok if your kid goes to a state school, even a mediocre one. [b]Life does not always need to be a competition.[/b][/quote] I love you!! [/quote]
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