4 ms·

Just so you know, most research nowadays says there's basically no difference in outcomes between which school your kids go to and future income/other life outc

by cm2012 3y ago

Just so you know, most research nowadays says there's basically no difference in outcomes between which school your kids go to and future income/other life outcomes, after you correct for SAT score. You can send them to state or city school and save the money.

credit_guy 3y ago
That research is highly dubious, but let's take it at face value. You can send them at a state or city school. But they have a word to say about that choice too. For them, it's not research, it's life. They can't run a controlled experiment with their life. If they go to the city school, and their career tanks, will they ever forgive you? Will they buy your counterfactual that their career would have tanked anyway, even with an elite school diploma framed on their wall?
markphip 3y ago
Certainly considered things like that. Not sure if you are a parent, but just wait until you go on school tours with your kid and see them fall in love with a specific school. My daughter is not likely to pursue a high paying career either. I wonder if she would have been better off finding a job and just having me give her the $300,000 I will have spent on her education. As it is, she is planning on going to graduate school, which she will have to pay for so she is weighing these things now.
- mistrial9 3y ago
  > better off finding a job and just having me give her the $300,000 this is "all or nothing" thinking.. other posts show that other school systems have different cost structures. If she has the character and health for it, you could send her to an overseas school also.. think out of the box!
  - markphip 3y ago
    She is graduating this year so too late. But that is her thought process for graduate school
- afthonos 3y ago
  > Certainly considered things like that. Not sure if you are a parent, but just wait until you go on school tours with your kid and see them fall in love with a specific school. I know this is a standard way of thinking, so I’m not criticizing you personally, but…what’s love got to do with it? College is a business proposition where whoever is paying has strong metrics to base what they are willing to pay for on: average starting salary on graduation, placement rate, etc. The rest is a luxury; certainly the attendee is entitled to a preference, but if that preference is more expensive, they should pay for it (and be made aware of exactly what that looks like). I’m a parent and we are emphatically not saving for a half-million-dollar college tab for our child. We are instead making sure we are in states with quality state options that our child can attend on local universal merit programs; anything further, they are responsible for.
hellisothers 3y ago
This is the kind of assertion you make when you have no skin in the game and no lived experience. It’s like the common wisdom that a great public school is as good as private, thankfully we got to try that experiment with our kid with a few years in both and it’s not even close.
- cm2012 3y ago
  It's not anecdotal, it's factual.

by cm2012 3y ago

credit_guy 3y ago

That research is highly dubious, but let's take it at face value. You can send them at a state or city school. But they have a word to say about that choice too. For them, it's not research, it's life. They can't run a controlled experiment with their life. If they go to the city school, and their career tanks, will they ever forgive you? Will they buy your counterfactual that their career would have tanked anyway, even with an elite school diploma framed on their wall?

markphip 3y ago

Certainly considered things like that. Not sure if you are a parent, but just wait until you go on school tours with your kid and see them fall in love with a specific school. My daughter is not likely to pursue a high paying career either. I wonder if she would have been better off finding a job and just having me give her the $300,000 I will have spent on her education. As it is, she is planning on going to graduate school, which she will have to pay for so she is weighing these things now.

mistrial9 3y ago
> better off finding a job and just having me give her the $300,000 this is "all or nothing" thinking.. other posts show that other school systems have different cost structures. If she has the character and health for it, you could send her to an overseas school also.. think out of the box!
- markphip 3y ago
  She is graduating this year so too late. But that is her thought process for graduate school
afthonos 3y ago
> Certainly considered things like that. Not sure if you are a parent, but just wait until you go on school tours with your kid and see them fall in love with a specific school. I know this is a standard way of thinking, so I’m not criticizing you personally, but…what’s love got to do with it? College is a business proposition where whoever is paying has strong metrics to base what they are willing to pay for on: average starting salary on graduation, placement rate, etc. The rest is a luxury; certainly the attendee is entitled to a preference, but if that preference is more expensive, they should pay for it (and be made aware of exactly what that looks like). I’m a parent and we are emphatically not saving for a half-million-dollar college tab for our child. We are instead making sure we are in states with quality state options that our child can attend on local universal merit programs; anything further, they are responsible for.

hellisothers 3y ago

This is the kind of assertion you make when you have no skin in the game and no lived experience. It’s like the common wisdom that a great public school is as good as private, thankfully we got to try that experiment with our kid with a few years in both and it’s not even close.

cm2012 3y ago
It's not anecdotal, it's factual.