….since I wasn’t accepted into Ann Arbor…..
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT
I am currently spending $1,100/month on off campus housing—plus utilities—and the lease is for 12 months. FACT
Food, gas, and entertainment (think: restaurants, bars, clubs, sporting events, concerts, and random travel) add up. FACT
Travel to/from home when students are apt to travel is pricey. FACT
It all costs a small fortune times 4 years, and it’s all on top of the tuition. FACT
Plus, as the schools continue to plug holes left by the administration’s cuts to research, tuition will undoubtedly jump.
Not PP but the estimated $346k COA includes $1,354 in estimated living expenses (over 12 months), plus $400 per year for transportation and another $2,372 per year for miscellaneous personal expenses. You might be paying more but it isn’t as if the COA numbers don’t try to capture this.
Anonymous wrote:this thread could benefit by having people name the selective valuable programs, schools, and majors, etc.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT
I am currently spending $1,100/month on off campus housing—plus utilities—and the lease is for 12 months. FACT
Food, gas, and entertainment (think: restaurants, bars, clubs, sporting events, concerts, and random travel) add up. FACT
Travel to/from home when students are apt to travel is pricey. FACT
It all costs a small fortune times 4 years, and it’s all on top of the tuition. FACT
Plus, as the schools continue to plug holes left by the administration’s cuts to research, tuition will undoubtedly jump.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT
I am currently spending $1,100/month on off campus housing—plus utilities—and the lease is for 12 months. FACT
Food, gas, and entertainment (think: restaurants, bars, clubs, sporting events, concerts, and random travel) add up. FACT
Travel to/from home when students are apt to travel is pricey. FACT
It all costs a small fortune times 4 years, and it’s all on top of the tuition. FACT
Plus, as the schools continue to plug holes left by the administration’s cuts to research, tuition will undoubtedly jump.
Anonymous wrote:Anonymous wrote:Anonymous wrote:These threads on silly. Such a value proposition will be different for every family and kid depending on circumstances/interests etc. There is no universal answer.
This feels like internet trolling at peak time suck. Who cares that some anonymous poster emphatically disagrees with my family’s decisions?
I do wish the board would get back to helpful information sharing.
It is trolling. The OP makes it sound like Michigan is an outlier among elite schools in terms of expense.
I'm confused as I'm not seeing this by OP. I think the comparison that was made was to in-state options like UVA.
Anonymous wrote:Anonymous wrote:These threads on silly. Such a value proposition will be different for every family and kid depending on circumstances/interests etc. There is no universal answer.
This feels like internet trolling at peak time suck. Who cares that some anonymous poster emphatically disagrees with my family’s decisions?
I do wish the board would get back to helpful information sharing.
It is trolling. The OP makes it sound like Michigan is an outlier among elite schools in terms of expense.
Anonymous wrote:These threads on silly. Such a value proposition will be different for every family and kid depending on circumstances/interests etc. There is no universal answer.
This feels like internet trolling at peak time suck. Who cares that some anonymous poster emphatically disagrees with my family’s decisions?
I do wish the board would get back to helpful information sharing.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT
I am currently spending $1,100/month on off campus housing—plus utilities—and the lease is for 12 months. FACT
Food, gas, and entertainment (think: restaurants, bars, clubs, sporting events, concerts, and random travel) add up. FACT
Travel to/from home when students are apt to travel is pricey. FACT
It all costs a small fortune times 4 years, and it’s all on top of the tuition. FACT
Plus, as the schools continue to plug holes left by the administration’s cuts to research, tuition will undoubtedly jump.
It sounds like you’re enjoying your college years. Congrats!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT
I'm not sure this is much of a difference and you'll end up spending thousands more over 4 years on flights and also on off-campus housing and food. You start out thinking your kid will live in dorms and then suddenly you're paying a small fortune for apartments that are on 12 month leases. As a previous poster mentioned, other large costs accrue.
Doesn’t change the fact that currently Michigan undergrad isn’t costing anywhere near 400K. Pointless thread.
Anonymous wrote:Anonymous wrote:Is any college education worth $400k?
Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.
I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship).
Currently Michigan costs about 346K for 4 years. Not 400K
FACT