[quote=AN][quote=flu][quote=AN]joec, Paul Jacob went to UCB, Paul Allan went to Washington State University, Jerry Yang went to Standford, Larry Page went to UMich and Standford, Sergey Brin went to University of Maryland, College Park (public) and Standford, Tim Cook went to Auburn University (public) and Duke University for MBA, Steve Jobs went to Reed College and dropped out, Marissa Mayer went to Standford, etc. I can go on and on, but there are plenty who did not go to Ivy and made it big. I would rather my kid be Steve Jobs and drop out of Reed College than Zuch’s wife.[/quote]
For average Joe. They won’t ve saving $400k for anything. It would have been Kong spent 🙁
Practically speaking, Stanford is equivalent to the Ivy’s if not better. Just like MIT. Between it and Berkeley, I’d say it’s a toss up.[/quote]Yes, Standford is like Ivy of the West. But the people I listed, only Jerry Yang and Marissa Mayer went there for undergrad. Larry Page and Sergey Brin went to public school for undergrad and went to Standford for grad school.
I personally am more impressed by the 40 under 40 list than the fortune 500 list. I bet most if not all on the fortune 500 list did not study STEM. Ultimately, my point is that just as you guys would want to spend $400k for an Ivy education, just in case your kid get lucky and make association with the right people. I would want to spend $50k and save $350k, just in case my kid is the next Jan Koum or Nick Woodman, so I can put that $350k in their start up. If they end up being just your average joe, at least that $350k saved can go into investment properties that I can pass on to them to help lighten their financial burden for the rest of their lives.[/quote]
I wish I had $400k of chump change. Truthfully I dont so this is why its probably not an option short of having scholarships. That’s even assuming the kid gets in.
Its just amazing how absurdly expensive some tuition has become. On top of that all those people considering send their kids to private schools before college. Ouch. I think bishop montgomery runs around $25k/year.
I spoke to my parents about this. And they had an interesting perspective. They said if your kids are academically inclined it won’t make much of a difference between #1 or #18 school. And if your kid isnt academically inclined, no amount of private school is going to fix that. Hmmm. I wonder if they were referinng to me 🙁