[quote=FlyerInHi]Flu, now for the tough love.
I fail to see how you live in Carmel valley, have investment properties, talk about Porsches, yet not afford to pay.
Not saying it’s chump change, but you can pay. Can’t you move to a 1 bedroom condo if you absolutely had to?[/quote]
No. Here’s why. $400k for undergrad, and another $200k-300k for say medical school/law school/business school?
And that’s even assuming kid finishes and doesn’t decide to get married early and not end up finishing anything and end up being a stay-at-home parent. Not that there is anything wrong with that at all. But from an ROI perspective, that would be a big time suck.
Why should I sacrifice my quality of life and spend so much money on something if all that education ends up being flushed down the toilet if she decides she doesn’t want to work/have a career at all? Is her future husband (or in this 21st century, being politically correct, future spouse (man or woman) ) going to pay me back? Kidding… Sort of…
I think the thing will be, “you want to get in, you better work to get a scholarship because that’s the only way you’ll get in.” Then, that will be a litmus test to see how badly my kid wants it. If my kid doesn’t care, that’s fine too.
