[quote=deadzone]Whenever discussions of the value of an Ivy league education are debated, it always comes down to “if you want to work on Wall Street”. While there may be some merit in that fact, the reality is, not everybody wants to work on Wall st. Personally I think NYC is a shit hole and wouldn’t want to work there no matter what the pay. I’m sure many others feel the same way.[/quote]
Sure, but there are also people who think $400k is chump change. I guess my point wasn’t to say that Ivy League school is a bad decision for everyone. I think it’s a great option if money wasn’t a concern for your family and you could view $400k as a drop in the bucket or if you got some sort of scholarship. If this level of money wasn’t an issue for me and I could spend this on a blink of an eye, I wouldn’t even bother to hesitate if my kid could get in.
But reality is, (at least for me) $400k is a lot of money. It’s not a drop in the bucket, and unfortunately for my kid, for my kid to even consider these schools, I would want to know what the the ROI is. For business? Fine. For medicine, ok maybe. To become a professor in some specialized PHD program, ok maybe. Other things, not so sure.
Anyway, it really is a moot point because the assume is my kid even gets in. This might not even be a problem to have 🙂