[quote=FlyerInHi]BG, I’m not talking resale value of the toys. I’m talking prioritizing education over toys. All the toys over 2 decades can pay for a top education.
Lots of the foreign students you don’t like coming here… The vast majority of those families are not filthy rich; they just want upper middle class jobs for their kids. . Their families prioritize, and education is top priority. Same goes for many American families who value education.
Families who value education want the top schools, private and public. It’s not just the UC campuses, but UT Austin, university of Michigan, etc… It’s like people who like trucks want the badass trucks, or people who like American Harleys, or sports cars….whatever. We want the best brands and are willing to pay (money, time or effort)[/quote]FIH, it’s pretty clear here that you have no idea how much it costs to raise kids today …. anywhere in the country. Sending 3-4 kids to a top university (public OR private) for 4 years each could easily set the parents back ~$1M … assuming they had it lying around or could get their hands on that much money.
The vast majority of parents haven’t even saved 1/20th of that for their kids’ college. It’s not because they spent it on “toys.” It’s because they have been barely making enough to keep their families afloat for the past decade-plus with both of them working FT (ESP in coastal CA).
Hence, Bernie’s “message” resonating with millenials and joe and jane 6p which you are so much in agreement with :=0