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> There is no doubt that they have spent money foolishly, but bear in mind you are talking about them spending on a wedding and college My value-system doesn't

> There is no doubt that they have spent money foolishly, but bear in mind you are talking about them spending on a wedding and college My value-system doesn't lump wedding and college together. It seems much more reasonable for parents to sacrifice their own well-being to send their kids to elite schools. The whole wedding thing seems crazy to me, though. Considering how bad financial distress is for a marriage, it seems like a really terrible idea to stretch yourself for a wedding. There should be (not saying there isn't) no shame in getting married at City Hall, with a few of your closest friends and family. Could be the best marital decision you make, if it puts you on a better financial trajectory.

scarface74 11y ago
Why is it any better idea to stretch yourself to go to an "elite" college? The only way that the authors children "earned" the right to go there is if they were awarded a full scholarship. I went to an unknown stare college, stated at home and got a degree in computer science. After my first three years of working - almost 20 years ago - my salary has been comparable to anyone else's. No one cares what college I graduated from.
- whatok 11y ago
  Depending on the industry, college choice matters from when you graduate and very long into the future. I'd argue it might be worth parents going into debt for certain colleges but then I'd also argue that if a kid was smart enough to get into their pick of colleges, they probably should have a load of academic scholarships anyway.