Anonymous wrote:Anonymous wrote:What I find odd is how much parents on here think of college as trade school. College was such an important coming of age time in my life. I am so glad I went where I went and met my dearest friends. If my parents had just been focused on ROI I think it would have taken a lot away from it. I did well enough, went to la good aw school, and have had a successful life, but it was never totally about that. I hope my teenagers find a place where they can connect with friends, faculty, and the whole thing, and learn and grow as people. I am not obsessed with the ROI equation.
Did the parents on here have fun in college?
I went to a top public before anyone chimes in with how I am just a product of privilege.
Undergraduate degrees are ultimately meaningless. You can connect with people wherever you go.
Anonymous wrote:What I find odd is how much parents on here think of college as trade school. College was such an important coming of age time in my life. I am so glad I went where I went and met my dearest friends. If my parents had just been focused on ROI I think it would have taken a lot away from it. I did well enough, went to la good aw school, and have had a successful life, but it was never totally about that. I hope my teenagers find a place where they can connect with friends, faculty, and the whole thing, and learn and grow as people. I am not obsessed with the ROI equation.
Did the parents on here have fun in college?
I went to a top public before anyone chimes in with how I am just a product of privilege.
Anonymous wrote:What I find odd is how much parents on here think of college as trade school. College was such an important coming of age time in my life. I am so glad I went where I went and met my dearest friends. If my parents had just been focused on ROI I think it would have taken a lot away from it. I did well enough, went to la good aw school, and have had a successful life, but it was never totally about that. I hope my teenagers find a place where they can connect with friends, faculty, and the whole thing, and learn and grow as people. I am not obsessed with the ROI equation.
Did the parents on here have fun in college?
I went to a top public before anyone chimes in with how I am just a product of privilege.
Anonymous wrote:Anonymous wrote:Words from my 26 yr old niece who ended up at an instate due to cost over a private LAC where she would've had to take out a loan even though she *really* did not want to go to instate. She got a great job out of college, now close to making six figures.
"I'm so glad I went with in state and didn't have a loan. I see all my friends who went to more expensive schools struggling to pay their loans, some moving in with their parents. I have enough saved now to buy a small condo."
My niece spoke to my soon to be college freshman about college costs and loans. She convinced my DC to take the good in state option, and save your money.
“All” of her friends have undergrad loans? I doubt that.
People always spin, rationalize and frame things to make THEIR (or their kid’s) college experience sound spectacular because college is an amazing time in general, everyone loves to brag about their kids, and outside of a house, it’s the largest sum of money a family blows. And there’s face-saving when people discuss colleges deemed to be less prestigious and impersonal - nobody really enjoys admitting they had little choice but to attend the cheaper mediocre university. And of course you don’t know what you don’t know - how does someone who went to gigantic Virginia Tech or Wisconsin know what the experience would have been like at private Georgetown or Villanova? They are totally clueless.
I don’t think a large public university is some death sentence for undergrad but if elite and even somewhat selective privates were so overrated and a waste of money they’d all be out of business.
Anonymous wrote:As the child of parents who told their kid to go to whatever college she wanted/best college regardless of cost who ended up footing the substantial bill in the end (my loans + my parents loans), tell your kid to pick something affordable. Did I enjoy my college experience? Yes. It was great going to a small prestigious LAC. Did I pay off all of the debt? Yes. But did it hamper me financially and career wise as a young adult? Yes. Absolutely.
My kids will be told a budget. They will be told the consequences of exceeding that budget and they will be strongly guided toward making a financially smart decision. If I had gotten such advice from my parents, I would have made a very different decision.
Anonymous wrote:As long as you do very well at your undergraduate school, it doesn't matter where you go. Top graduate schools will be fighting over you.
--law prof at top 10 law school
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:College professor here. Your undergrad degree in 90 percent of careers means nothing. Save your money now and get the most prestigious masters/doctorate/law/nursing/business degree you can get into.
Understood, but do kids from better-ranked schools do better in the graduate school admission process? What do graduate schools look for in applicants?
I got into Ivy grad from a CTCL (I hear the shuddering starting). Graduated Phi Beta Kappa, had great teacher recs, and had some impressive one of a kind work experiences in the international arena. GPA and test scores really matter - so do the best one can! - and the rest helps grease it.
This is the legitimate answer. Of course it is possible but it takes a lot of hustle and success. You have to be at the top and stand out. Which frankly no one can count on (at any school).
Anonymous wrote:I know a lot of students who graduated from Ivies who are under employed. After graduating from the Ivies the students were working the following jobs: one as a tutor, one as an administrative asst (low level), one selling bikes in an inner city bike shop, and one working as a personal trainer.
Most of the young Ivy graduates we know have dubious work from home and hybrid “tech” (and “marketing”) jobs, all making $75,000 to $200,000 a year. WFH is a game-changer for even the privileged workshy.Anonymous wrote:Words from my 26 yr old niece who ended up at an instate due to cost over a private LAC where she would've had to take out a loan even though she *really* did not want to go to instate. She got a great job out of college, now close to making six figures.
"I'm so glad I went with in state and didn't have a loan. I see all my friends who went to more expensive schools struggling to pay their loans, some moving in with their parents. I have enough saved now to buy a small condo."
My niece spoke to my soon to be college freshman about college costs and loans. She convinced my DC to take the good in state option, and save your money.
Anonymous wrote:I know a lot of students who graduated from Ivies who are under employed. After graduating from the Ivies the students were working the following jobs: one as a tutor, one as an administrative asst (low level), one selling bikes in an inner city bike shop, and one working as a personal trainer.