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Yeah. What really stood out for me was the dissonance between what the mother was doing vs what she was prescribing/writing about: > One of her areas of expert
by sgpl 7y ago
Yeah. What really stood out for me was the dissonance between what the mother was doing vs what she was prescribing/writing about:
> One of her areas of expertise is how to pay for college. In her writing, media interviews, and YouTube videos, she cautions parents not to “follow the herd with your donating dollars” or pin their hopes for their children on getting into brand-name colleges. “Don’t believe the hype,” she tells them. “You might find yourself obsessing over those annual college rankings. Don’t take them too seriously.” The sensible solution, she argues, is for families to “pick a few financial safety schools” — public universities close to home. A degree from an elite college, she reminds readers, may not translate into higher earnings in later life. “The Ivy League isn’t necessarily the gravy train.”
VS
>Shaw and his wife, financial journalist Beth Kobliner, have sent their three children to an elite prep school, supported them with hyperqualified nannies and tutors, and encouraged their extracurricular interests. But while the typical snowplow parent quietly eliminates potential obstacles by clearing the road ahead, Shaw and Kobliner have seemingly bulldozed an entire mountain.
>Starting in 2011, when the oldest of their three children was about two years away from applying to college, the Shaw Family Endowment Fund donated $1 million annually to Harvard, Yale, Princeton, and Stanford and at least $500,000 each to Columbia and Brown. The pattern persisted through 2017, the most recent year for which public filings are available, with a bump in giving to Columbia to $1 million a year in 2016 and 2017. The foundation, which lists Kobliner as president and Shaw as treasurer and secretary, has also contributed $200,000 annually to the Massachusetts Institute of Technology since 2013.
>The total donations for “general” purposes across seven years and seven elite schools are $37.3 million, which represents 62 percent of the foundation’s giving over that period.
- lotsofpulp 7y agoDissonance would be if she accepted two inconsistent ideas at the same time. It's possible that she's giving out advice that she would not apply to herself, perhaps to reduce competition for her own strategy.
- deleted 7y ago[deleted]