- Joined
- May 15, 2008
- Messages
- 5,089
- Reaction score
- 55
I have to disagree with that. I'll pay for my kids to go to college for whatever field they want, provided they don't party & booze it up so much that they flunk out. There are many benefits to a university education that go beyond the knowledge or skills that are explicitly taught. And when they finish, debt free, they'll have a significant advantage for the rest of their lives.
The problem isn't the non-math/science degree that leads to a low paying job; it's the crushing debt and the fact that Joe Borrower ends up paying 2-3x the actual cost of the education by the time he's done. If you pay cash for your kids' education, you pay less, and they don't graduate as financial cripples. If you're in the enviable position of being able to give that to your kids, why wouldn't you?
Quoted for truth.
However, I think that all the colleges and universities (including the Harvard/Stanford/Columbia types) need to exert some tuition control. They could provide a great education and not need to chart 30k a year tuition...