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re: Would you fund your kid's IVY league education if you could?
Posted on 11/30/22 at 11:27 pm to G2160
Posted on 11/30/22 at 11:27 pm to G2160
quote:
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.
Unsurprisingly, you didn’t understand what I was saying and the terms I was using.
The premium on an Ivy League degree is seven figures - probably well into the seven figures - in real dollars. That is, the incremental value that one gets from such an investment vis a vis a regular post-secondary education from a regular school (like the vast, vast majority of state schools) is at least seven figures in real dollars over the course of a lifetime.
If a kid has real ambition and / or talent, they’d be stupid to turn that opportunity down.
And vanishingly few people are earning seven figures 10 years into their careers, much less engineering grads from state schools. Like less than 0.1% or 0.01%.
This post was edited on 11/30/22 at 11:40 pm
Posted on 12/1/22 at 9:05 am to AbuTheMonkey
quote:
And vanishingly few people are earning seven figures 10 years into their careers, much less engineering grads from state schools. Like less than 0.1% or 0.01%.
who is making over a million a year as an LSU engineering grad at 32 years old? maybe a couple people at the most?
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