quote:
My kid has Duke in his list. Also has MIT, Harvard, Stanford, Berkeley, and Yale.

All of them except Duke I could justify. Problem is he is interested in biomedical engineering. Duke is 2 in the country. GA Tech is 1. We live in GA and it will cost about 10k a year as opposed to 83k a year.

Now if he gets into a reach school I’ll pay because of the name recognition. Might be stupid but people that go to Harvard or MIT tend to have higher trajectories.

So over the course of 4 years, you could save 100k + a year if he chooses GA Tech over a name brand school?

That is $400,000.

You think the name brand school would put him ahead in life over $400,000 sitting in a retirement account when he graduates at 22?

The math ain't mathin for me.

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Posted by Boss

Member since Dec 2007

1264 posts

Posted on 4/3/24 at 8:21 am to I Love Bama

Duke, no. Harvard, MIT, and Stanford with the connections he could make. Maybe. But your math is a fallacy anyway. I’m not just giving him the difference. Sure he will get it when I die, but it isn’t like I am saying here is 100k a year, spend it how you like.

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Posted by SlowFlowPro

Simple Solutions to Complex Probs

Member since Jan 2004

432376 posts

Posted on 4/3/24 at 8:48 am to I Love Bama

quote:
You think the name brand school would put him ahead in life over $400,000 sitting in a retirement account when he graduates at 22?

That depends on what he wants to do.

He doesn't seem to be aiming for an elite job, so GTech is likely the better financial decision.

If he was trying to get into IB, entertainment (management, agency, etc.), Big Tech, major politics, etc., the name brand means a LOT, and the potential economic rewards dwarfs the $400k.

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