UChicago Vs. Stanford Vs. Yale

CaliMex
Sat, 11 Apr 2020 15:20:02 +0000

Graduating without any debt and having $80k available for grad school will open up more opportunities than having “Yale” or “Stanford” on a diploma instead of “Univ of Chicago.”

The academics are of equal caliber.

Remind your son that NO ONE cares where you went to college after your second job. You hire the person who accomplished the most in their last position and is best suited for the open role, not the one whose years-ago diploma has the more prestigious name (and Univ of Chicago is plenty prestigious. It’s students have a reputation for being among the most hard working. That’s not the rep for Stanford outside of STEM, btw.)

By age 18, kids should have some understanding of money and the fact that it shouldn’t be wasted. Can your son take a gap year and earn the $80k difference given it matters so much to him?

Bottom line: He’s not too old to learn that he isn’t entitled to something more expensive when he has an equally great option available to him.