Anonymous wrote:do you think you will be upset if after all the investment your child decides to just bum around as an adult or have a low paying career/job?
Those strike me as two very different things. I would not be fine with my child bumming around, though I could see myself being fine with them having a low-paying job if they were still able to live a fulfilling life.
Not to be too romantic, or blithe about a huge financial expense, but having a Harvard/Stanford etc education ought to be quite valuable in its own right, irrespective of the financial opportunities it leads to. That kind of learning experience can never be taken away.