Anonymous
03/25/2025 12:17
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Anonymous wrote:If you pay half of that, you can save $180,000 over 4 years.
If you put that in S&P500 assuming 9% yield, you get 1 million in 20 years.
You'll be a millionaire at 45 years old.
Except we are about to enter a bear market and a recession.
20 years is a pretty decent time horizon. Agree that 9% seems awfully high though.
9% is actually conservative.
Do a quick Google.
"The average stock market return is about 10% per year, as measured by the S&P 500 index"
Anonymous
03/25/2025 12:15
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any?
I agree with you, OP. Wish more people had your sense so the price hikes would stop. I also think, with all the taxpayer money these institutions receive, citizens and legal residents should get priority.
For 91K+/year (with increases every year), I’d want a guaranteed career.
That’s a pipe dream of course, so why not go to a cheaper school and throw some money in an ETF or other investment vehicle for the child. I hope to do that.
Shut up maga racist.
What do you not understand about what Christian right is doing to colleges? You think Trump the con moron is going to ring prices down?
Dam fool no one is going to have dollars for collage definitely not you.
Not only will state schools not accept women and any minority the brain drain we are already seeing is going to get way worse.
Go back to the hole you climbed out of.
No one stopped your white sin from their dram school but your families lack of intelligence to understand the process abd wheee we are at this moment as a country.
Signed mother of six white boys that all got into the top schools in this country . From MIT to Yale to Princeton to Stanford yep all from public school. I know what the hell I am taking about you are just a DC urban mom fool who drank the koolaid of propaganda.
Education is a gift Americans care about Taco Bell on campus and air conditioned dorms over education and look were we are the dumbest time ever.
We are at a really really great time for our country. Cannot be more happier with the changes! That is why America voted the way they did. Denigrating and looking down on fellow Americans is why Karma caught up with you!
+1000
Anonymous
03/25/2025 12:03
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:If you pay half of that, you can save $180,000 over 4 years.
If you put that in S&P500 assuming 9% yield, you get 1 million in 20 years.
You'll be a millionaire at 45 years old.
Except we are about to enter a bear market and a recession.
20 years is a pretty decent time horizon. Agree that 9% seems awfully high though.
Anonymous
03/25/2025 12:01
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:I actually am not sure how people handle these costs without hurting their finances. We have a good hhi, too good for aid, but not ultra high. Just housing and a meal plan and books will be close to 20k. So add 50k in tuition on top and it becomes insanity if you have more than one child.
Over our kids’ lifetimes, the stock market has been very kind to 529’s - so the money is already set aside. It’s going to education for our kids or our kids’ kids. Zero impact on our lives otherwise.
Anonymous
03/25/2025 11:51
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Anonymous wrote:Duke has been a top 10 school for 40-50 years.
Duke 30 years ago was definitely not top 10. It was accepting around 25% of kids when I was applying
+1 My sister and I both got into Duke in the 90s. We were pretty typical, just-above-average NoVa public school kids.
Every top school had much higher admission rates in the 1990s. Below are 1995 acceptance rates:
Stanford: 17.5%
Harvard: 11.8%
UPenn: 33%
Duke: 21%
Princeton: 16%
Chicago: 71%
Yale: 20%
MIT: 31%
Brown: 20%
CalTech: 22.5%
Based on the above, Duke was actually pretty darn selective in 1995.
Anonymous
03/25/2025 11:48
Subject: To you, what schools are truly worth 90k/year
Any really but we have the money to spend for the best fit or whatever.
Well, I wouldn't pay that for Liberty or Hillsdale.
Well, I wouldn't pay that for Liberty or Hillsdale.
Anonymous
03/25/2025 11:47
Subject: Re:To you, what schools are truly worth 90k/year
Anonymous wrote:UMiami, USC, Tulane? Yes, yes, yes.
Probably, no, maybe.
Anonymous
03/25/2025 11:46
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:I actually am not sure how people handle these costs without hurting their finances. We have a good hhi, too good for aid, but not ultra high. Just housing and a meal plan and books will be close to 20k. So add 50k in tuition on top and it becomes insanity if you have more than one child.
We handled the costs by saving in 529 plans since birth. Save as much as you can consistently; you get 18+ years of compounding.
We did save but not from birth: not a possibility for us because we had our own college loans and needed to save for a downpayment and truly had NO help from our parents in any way. We have enough to cover all college expenses because we picked cheap colleges. That was the priority.
Anonymous
03/25/2025 11:44
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Duke has been a top 10 school for 40-50 years.
Duke 30 years ago was definitely not top 10. It was accepting around 25% of kids when I was applying
+1 My sister and I both got into Duke in the 90s. We were pretty typical, just-above-average NoVa public school kids.
Anonymous
03/25/2025 11:42
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:I actually am not sure how people handle these costs without hurting their finances. We have a good hhi, too good for aid, but not ultra high. Just housing and a meal plan and books will be close to 20k. So add 50k in tuition on top and it becomes insanity if you have more than one child.
We handled the costs by saving in 529 plans since birth. Save as much as you can consistently; you get 18+ years of compounding.
Anonymous
03/25/2025 11:40
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Ivies
MIT
Stanford
Duke
Rice
WashU
JHU
Vanderbilt
Caltech
UChicago
Northwestern
What about T25 public’s?
Only if they teach proper apostrophe usage.
Anonymous
03/25/2025 11:39
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Anonymous wrote:Duke has been a top 10 school for 40-50 years.
Duke 30 years ago was definitely not top 10. It was accepting around 25% of kids when I was applying
40 years ago I went to Cornell but looked at Duke. Neither school was considered a difficult admit by our counselors. If you had the grades and test scores you were pretty likely to get in.
My friend had these two choices in late 1980's and picked Duke. His father didn't understand saying no to Cornell.
Anonymous
03/25/2025 11:37
Subject: To you, what schools are truly worth 90k/year
I actually am not sure how people handle these costs without hurting their finances. We have a good hhi, too good for aid, but not ultra high. Just housing and a meal plan and books will be close to 20k. So add 50k in tuition on top and it becomes insanity if you have more than one child.
Anonymous
03/25/2025 11:30
Subject: To you, what schools are truly worth 90k/year
Anonymous wrote:Anonymous wrote:Anonymous wrote:We were shocked to find out, during our tufts tour, that the institution has surpassed $91,000. Tufts is a good school ,a great school even, but $91k is way overselling what it actually provides and its mediocre alumni network and few career resources. I understand that the purpose of a college isn't job training, but, at some point, when you're charging such obscene prices, you have to guarantee a return on the investment beyond being a "whole, educated person." For you, what institutions are worth $90k+, if any?
I agree with you, OP. Wish more people had your sense so the price hikes would stop. I also think, with all the taxpayer money these institutions receive, citizens and legal residents should get priority.
For 91K+/year (with increases every year), I’d want a guaranteed career.
That’s a pipe dream of course, so why not go to a cheaper school and throw some money in an ETF or other investment vehicle for the child. I hope to do that.
Shut up maga racist.
What do you not understand about what Christian right is doing to colleges? You think Trump the con moron is going to ring prices down?
Dam fool no one is going to have dollars for collage definitely not you.
Not only will state schools not accept women and any minority the brain drain we are already seeing is going to get way worse.
Go back to the hole you climbed out of.
No one stopped your white sin from their dram school but your families lack of intelligence to understand the process abd wheee we are at this moment as a country.
Signed mother of six white boys that all got into the top schools in this country . From MIT to Yale to Princeton to Stanford yep all from public school. I know what the hell I am taking about you are just a DC urban mom fool who drank the koolaid of propaganda.
Education is a gift Americans care about Taco Bell on campus and air conditioned dorms over education and look were we are the dumbest time ever.
Are you ok?
Why are you assuming that citizens and legal residents are only white? Look in a mirror and maybe take a nap.
Anonymous
03/25/2025 11:30
Subject: Re:To you, what schools are truly worth 90k/year
Assuming you can afford it I think it comes down quite a bit to the kid. If you have a child who is laser focused and really knows what they want to do then maybe spending the money comes with a lower level of risk. Many kids don't really know what they want to do and shelling out 40K a year more to find out probably doesn't make sense outside of the top 10 schools or so. Honestly there are no guarantees no matter where you go...sure I would be willing to spend that extra money if I was sure if would lead to the best outcome and happiness for my kid but we don't have a crystal ball into the future.