3 ms·
>If you live in a high cost of living area sending a kid to an Ivy is relatively cheaper for you than someone in a lower cost of living area. I don't disagree
by akhilcacharya 10y ago
>If you live in a high cost of living area sending a kid to an Ivy is relatively cheaper for you than someone in a lower cost of living area.
I don't disagree with your point but this is a very strange example. Most people don't send their kids to Ivies (most don't even think about applying), and even fewer pay full price.
- bluthru 10y agoMy general point is that college is a large cost that isn't affected by CoL. Same for vehicles.
- rwmj 10y agoI live near London so I'm a bit of an outlier, but housing is by far my largest expenditure, double that of food and approximately 7 times that of vehicles/transport. Also (AIUI) in the US most of the cost of education is in huge loans taken out by the child.