re: How many of you had college paid for by your parents?

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Me and my rich uncle had a deal. I spent a few years working for him and he paid my college

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^ This is what I was talking about. These are the kind of opportunities I was referring to.

Alabama Prepaid College Tuition program. My family was poor but they started paying for it when I was a little kid.

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Unless you were an orphan no you didn't, and even if you were you still really didn't.

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You're being an absolutist.

I was speaking in general. If you want to get into details we can.

Obviously, my mother provided me the basics like food, water and shelter. I got a few presents at Christmas and one or two presents for my birthday never over $100. Those two days were the only days in the year that I ever got any of my wants fulfilled.

Neither of my parents had money. I didn't get anything that I didn't have to earn myself. My parents didn't buy me a car. My parents didn't provide me with the job through their connections, of which they had none. My parents didn't pay for my college. My parents never loan me any money. My parents didn't help me buy my first house.

My parents provided the bare minimum when it came to material Goods. I had to earn everything and they provided me with the proper raisin to achieve that myself. It's made me a better person and without that foundation I would never be where I'm at today.

I see too many parents especially now, that think that a wealth of material goods and greenbacks can supplant what they fail to provide in development of character and integrity.

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I see too many parents especially now, that think that a wealth of material goods and greenbacks can supplant what they fail to provide in development of character and integrity

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Replace, no, but all evidence is that parents with money raise kids that have money. Poor people raise poor people.

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Are you his alter? How the frick would you know?

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I don't have to know him to know the statistics say you're wrong. Are you retarded?

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Replace, no, but all evidence is that parents with money raise kids that have money. Poor people raise poor people.

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Yep. This guy is acting like it's a noble or brilliant move on the part of his parents to not buy him shite. The truth is that it largely doesn't matter.

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Not surprisingly, the amount of money people make is strongly predicted by what their parents earn. Up until a parent-household-income threshold of roughly $150,000, adult children tend to earn another $0.33 for every dollar their parents earn. Above that cutoff, the increase they see in their income based on their parents' earnings is less dramatic:



Here's The Startling Degree To Which Your Parents Determine Your Success

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Mine paid for half. Worked 40 hours a week during the summer to pay for my fall semester along with other bills I had. Parents paid for spring semester. Worked 15-20 hours per week during school. Engineering degree with no debt at graduation.

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Replace, no, but all evidence is that parents with money raise kids that have money. Poor people raise poor people.

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I agree but is that because parents with money are spoiling their kids? I know a lot of parents with money and they don't give their kids shite.

Correlation doesn't necessarily equal causation

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I think it's the opportunities and access to opportunities that builds the type of personality that is most likely to become successful. There's a lot of shite heads who become temporarily successful off their parents wealth and spoilage but because their personalities we're never developed to earn or maintain that success they fall flat on their face and ruin it all.

We all know that cocky, spoiled brat who runs his daddy's company and is constantly trying to ruin all this success that he inherited only to have daddy constantly prop him up and cover his arse because daddy feels guilty about not properly preparing Little Johnny for this success that was GIVEN to him instead of this success that he EARNED.

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You sound personally grieved by some anecdote. That's fine, but at a macro level you're wrong.

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You sound personally grieved by some anecdote. That's fine, but at a macro level you're wrong

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Not at all.

Again, does that statistic control for all the variables? Some of these are variables that can't even really be measured such as the quality of the parents themselves and their parenting skills and level of involvement

I would argue that the reason that statistic holds true isn't because parents with money spoil their kids, it's because those parents are better able to provide opportunities for their kids to take advantage of whether the success from those opportunities are given or whether those kids have to earn the success from those opportunities presented.

Other reasons can include things such as, Rich parents tend to be less likely to be involved with drugs to the level that can hurt a kid's development, are less likely to have one or both parents in and out of jail and not present in the children's lives, are more likely to care about the way the child is raised, Etc.

There's a reason that graph flattens off at a certain point.

Do you not agree? If the sole reason for kids success is inextricably tied to their parents earnings then shouldn't logic dictate that that occur in a linear fashion? If it doesn't and it flattens out like your graph does then doesn't that imply that something else is at work here?

I'm not telling you you're wrong and I'm not arguing with you just for the sake of arguing I just think y'all are missing a couple other factors here.

I stand by my assertion that giving kids anything without making them earn it typically has negative consequences on their development regardless of whether or not the parents are poor and spoil their kids, rich and spoil their kids, rich and deprive their kids or poor and deprived their kids.