Anyone else feel like it's time to tell expensive colleges "ENOUGH!" (CC Newbie Rant)
Been thinking about the LMU visit and can't stop remembering how much it felt like a sales pitch. Mostly, because it was a sales pitch! But I'm NOT sold.
I want my S18 to have a great education and I can pretty easily afford it without dipping into my retirement, etc. But I haven't always had money and I remember what it's like to live check-to-check and barely scrape by. And I still try to get the best prices for any travel, major purchases, etc. since those types of life skills don't just go away. But, why in the hell is college so expensive and getting more so despite major educational loan repayment problems?
It seems to me that a lot of the problem is the super-competitive and over-scheduled kids coming out these days. What happened to flying a freakin kite or riding your bike around the neighborhood until the street lights came on? Getting your license and cruising during the weekend all night with your friends? You remember, wasting time to a point you were actually ready to go back to school at the end of summer?
Are we, the parents, responsible for creating the appetite for these schools such that they can charge whatever in the heck they want? Are we pushing our kids too hard? Expecting too much? Why?
If the college is going to cost $250,000+ for 4 years, why aren't we just setting our kids up in a business. Does anybody else out there really think this is a sound investment? It definitely seems like what is required for our kids to move on to a reasonable career and financial security, but is it logical? Really? The price of an actual business! Think about what an annuity funded with a quarter million dollars would pay and how that'd supplement a "normal" job.
So, "NO," the sales pitch is sounding pretty damn hollow to me.
I'm relatively new to CC and suspect this post has been done previously to death, but I still feel like a lost voice in the CC community?
To quote Pink Floyd: "Is there anybody out there?"