You know, after seeing some of your responses and how much more affordable JC versus 4 year school (not even mentioning Ivy League private schools)… I’ve had a change in heart.
….Screw Ivy League school. Screw even top rank public 4 year college…I’m not sending my kid to a 4 year college anymore..I’m going the JC route…
First of all, she Asian. Not overseas Asian, but American born Asian…Which means, she’s fvcked…Because, she’ll automatically get a -20 point deduction to any college admissions at a top rank school for the majors that only Asians can/will do..Simply because she’s Asian…
If I go down this path, I’m forced to be a tiger dad. Because I now need to figure out a strategy which allows her to screw over some other constituent Asian American kid her age so that she can take their spot (after all, US colleges have already earmarked those spots as young as kindergarden)…This is extremely troubling because I know of some parents of her classmates who have already figured out how to teach their 1st grader how to solve binomial equations…Must be the 6+hrs of homework that they do every day…I think their plan is for their kids to pass Calculus BC AP before they are 8 years old. Since my kid is just starting multiplication and more than 2 digit arithmetic, obviously my kid is behind already… So I would have to spend probably like 10+hrs each day on homework for her to catch up…Just because she’s Asian…At one point I considered changing her last name, but then I’m learning more and more schools are doing face-to-face interviews… So short of changing the hair color and doing the Michael Jackson bleach-the-skin-color thing, I don’t think this will really work….
Second, regardless of what, admissions board will expect her (cough, sorry, I mean her parents) to pay full tuition, even if she’s a CA state residence applying to a UC school…Why? Because if she doesn’t, clearly there are a bunch of foreigners from overseas that have no issues doing so..Because they have money now….Well, actually part of it was my money that I sent overseas, because obviously nothing is made in the U.S. anymore, so the majority of both necessary and discretionary spending in the U.S. inevitably gets re-routed to overseas parents….But that’s a separate problem….
Third, even if she can overcome this hardship, the college will most inevitably expect me to mortgage my life to death to be able to send her to school…Financial assistance? Pfhhh!…Last name Chong,Cheng, Chan, Wong, Wang, Wu ???…Sorry..denied….
But then, they’ll force her to take mandatory coursework in things such as underwater basket weaving, speaking to the dead (IE religion 101), or some other bs fluff….And it will take 6 years to complete these required courses instead of 4…..Because more teachers are going to furlonged during this time that teach science/math/reading/writing/etc….After all the more important coursework I mentioned above are taught by professors/teachers with guaranteed retirement benefits/pensions that can’t be touched and cut…
Fourth, by the time she’s a junior trying to apply for an internship, U.S. companies will offer an “unpaid internship” to her…What this means is she will have the privilege of working for the U.S. company for free “to gain practical working experience” while daddy gets to pay room and board for this “privileged internship”…Just so when (if?) she graduates, she can compete with someone overseas for which a U.S. company can pay 10cents on the dollar for the same work…..
Fifth: if she does graduate and apply for a job…Once again, she’ll be fvcked. She’s Asian, after all. And people will wonder.. No prior work experience, took 6 years to finish (underwater basket weaving)…And you had a 3.9GPA instead of your other Asian constituents that had a 4.33GPA…Sorry, we don’t think you’re qualified to handle pouring coffee for us…But if something else opens up in the U.S., we’ll let you know….
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Hence, I’ve come to the conclusion that not going the 4 year college route, I will have saved a hell of a lot of money from doing this…And with that much more money, I can make more a financially prudent decision….
I can save 25% of that amount for my kid….and the rest of it I can apply towards the most important investment of all: a Porsche GT3…. Because if I were actually to wait until I finished paying off the house, paying off my kid’s college admissions, I’d be way to old to enjoy the rest of my life…
Besides, I want my kid to always feel good about herself. If she on average does better than everyone else, I’d rather have her go to a place where she is top ranked versus fumbling around at the bottom with a bunch of kids that does better than her.
Going the JC route, if she actually hates school, and can’t get her act together, then in this worst case scenario, I’ve only wasted money on 2 years…. Although, I’m stuck supporting her the rest of my life, at least I have a Porsche.
On the other hand, the worst thing that I can think of is she ends up going to a 4 year college (or worse an Ivy League school!), and ends up hates it, drops out/flunks out…Then, I’ve just wasted my money (4 YEARS OF IT!) on an expensive piece of paper……I’m still stuck supporting her the rest of my life…And worst part of all, will be completely Porsche-less! And no way in hell will she be ever be able to get me one (legally)….
So it makes perfect sense to me now…
Thanks everyone for enlightening me. My kid thanks you…Porsche Automobil Holding SE thanks you… The eurozone thanks you… And I can finally stop nagging my kid every single time I sigh when a Porsche whizzes by, that she owes me one when she grows up….