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Your kid is perfectly capable of taking out their own loans. One of the big problems with US schooling is that schools just expect parents to pay for their kid
by MisterBastahrd 4y ago
Your kid is perfectly capable of taking out their own loans. One of the big problems with US schooling is that schools just expect parents to pay for their kids' schooling. They're adults. They can fund their own educations.
- bawolff 4y agoAt 320k a pop? Talk about being a debt slave. But my main point was, if the millionaires can't reasonably afford it, something is wrong.
- MisterBastahrd 4y agoWhy do you think BU costs 80K a year? It's not because the school costs that much to run. It's because private schools are a way for the rich to segregate their kids from the rank and file. The cost of attendance is a FEATURE. Also, people keep on tossing "millionaire" around as if that term has meaning anymore. Nowadays it means you're a homeowner with some retirement saved up. And while some mere millionaires are desperate for their kids to reach some sort of faux prestige by sending them to a second tier private school, most aren't going to do that. Again, that's the point of BU's tuition being so high in the first place. They don't want the mere upper middle class unless they are exceptional students. They want the rich kids for that sweet endowment money.