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re: Would you fund your kid's IVY league education if you could?

Posted on 11/30/22 at 8:16 pm to
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8099 posts
Posted on 11/30/22 at 8:16 pm to
I’d hope to have enough confidence in my parenting abilities to send him anywhere he wants to go regardless of ideological bent. I’d have failed as a parent if I didn’t equip him with the critical thinking and social skills to handle that environment.

The average career and lifetime income premium for an Ivy degree is huge (7 figures in real dollars, easily). A philosophy degree from Harvard is worth more than an engineering degree than all but a small handful of state schools, as one comparison.
This post was edited on 11/30/22 at 8:18 pm
Posted by G2160
houston
Member since May 2013
1791 posts
Posted on 11/30/22 at 8:48 pm to
quote:

The average career and lifetime income premium for an Ivy degree is huge (7 figures in real dollars, easily). A philosophy degree from Harvard is worth more than an engineering degree than all but a small handful of state schools, as one comparison.


You make it seem like lifetime earnings of 7-figures is a big deal, and maybe it is, but many grads with engineering degrees from top state schools are easily earning 7-figures only 10 years in.
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