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0 pointsadamsmith1433y ago0 comments

Not sure if you know but things in the US are outrageously expensive. Childcare might cost 4k per month, a private tutor is ~50-100/hr, the best schools are generally either public schools in the richest suburbs or private schools that cost 50k/year. College even at a State University is going to cost $10,000 per year and at least as much for living costs so you are looking at ~$80,000 for a 4 year degree.

>- A luxury university diploma will not guarantee a good job

Maybe not guarantee but it can certainly make a difference. All else being equal a job candidate with a degree from University of Florida is going to get passed up for one with a degree from Yale and one with a degree from University of South Florida is going to get passed up for the one from University of Florida.

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nostrebored3y ago

I’ve lived in some of the most expensive cities in the U.S.

Childcare at 4,000 is upper quartile of expensive cities. You’ll find many places where it’s half or less of that price. Private schools at $50k a year are either going to be boarding or some of the more expensive country day schools. Even Sidwell, where Obama sent his kids, is cheaper than this.

And finally we get to university education. There are many schools with merit based scholarships. Treating living expenses as unique to college is also wrong.

Nothing is stopping a kid from getting a job in college!

jjav3y ago

> I’ve lived in some of the most expensive cities in the U.S.

> Childcare at 4,000 is upper quartile of expensive cities. You’ll find many places where it’s half or less of that price. Private schools at $50k a year are either going to be boarding or some of the more expensive country day schools.

You either have not lived in expensive cities in the US or at least didn't have kids while there!

For example in this list nearly all schools are over 50K:

https://www.niche.com/k12/search/best-private-high-schools/m...

adamsmith143OP3y ago

>Childcare at 4,000 is upper quartile of expensive cities. You’ll find many places where it’s half or less of that price. Private schools at $50k a year are either going to be boarding or some of the more expensive country day schools. Even Sidwell, where Obama sent his kids, is cheaper than this.

Most of the people on this site aren't farmers living in Rural Iowa so idk how relevant the cost of living in places like that are.

>And finally we get to university education. There are many schools with merit based scholarships. Treating living expenses as unique to college is also wrong.

Not everyone is getting scholarship. Obviously that changes the calculus.

>Nothing is stopping a kid from getting a job in college!

This is pure boomer sentiment. I had a job every summer in college and through grad school, this was only ~10 years ago and it paid for exactly 0% of my tuition. It was enough to survive the summers and pay my rent during grad school that was it.

bluefirebrand3y ago

> I had a job every summer in college and through grad school, this was only ~10 years ago and it paid for exactly 0% of my tuition.

It also digs into time that you could be socializing, or as professionals call it "networking". Having a job during school also is downward pressure on your grades, it makes it very hard to have top performance in your classes. Which excludes you from most scholarships.

Anecdotally I had two jobs most of my time during university, one on weekends one on evenings.

I wound up with less debt (note, not NO debt, just less) than most of my classmates but the tradeoff was that I basically entered the workforce basically already burned out and that was a seriously negative impact on my early career.

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