<p>Macro Econ would be her thing-- if any kid actually knows at 17. Go work for the ecb or IMF or something like that. </p>
<p>With 3 kids spread out, I face paying a full 4.8 years of take home pay for university… If course elite undergrad leads to elite grad. Which I’ve been clear I’m not paying for. </p>
<p>I’m in the donut hole of the education funding system — just enough pay so absolutely none of my dependents or educational expenses are deductible and so no aid is given. </p>
<p>Princeton of course has the best financial program. If I made 50,000 a year less, and my kid made it into (for instance) Carnegie Mellon, they would give no aid and a bill for almost 60k per year. That would be a no brainer-- just can’t afford it.</p>
<p>This is my first time through the process, but it seems to me that we as a nation are probably wasting a lot of human capital among the middle class student families who just can’t afford a top education even if they’ve shown they are capable. The educational resources flow to the top and bottom of the income distribution, for different reasons of course.</p>