My kids are still young so not sure how this will change but here goes anyway
1. How many of you, or people you know, are sending/have sent your child to college for prestige, not for the actual need of a 4yr degree vs just sending them to a Tech College?
My kids are still young. Growing up I came from an area where everyone went off to a 4 year school. If you didn't it was really odd. But then a lot of people dropped out if it didn't suit them. They pursued other types of careers. There was some stigma involved. I wouldn't say people went for the prestige, people went because that was what you did after high school. The stigma was because you couldn't handle it.
2. Did they pick their degree to justify that level of college, or did they want into that a field that required a 4-year degree? Basically, which came first? The Degree to be in a 4yr college, or the field to need a 4yr degree?
I hope my kids pick a school because they are curious and or passionate about something. Be that a tech subject, the arts, a traditional degree, I would support it.
3. Did they go to a local college, or a far-off college? Was the location based on educational necessity or just preference? Basically, did you spend more because you liked it better, or because it was needed for the degree?.
My kids are European citizens which means they can attend school in multiple countries tuition free. I would probably support them going to any one of those before going to a US school -- but will cross that bridge when we come to it. We live in Europe, but they can go cost free in a wide variety of countries that will still take them far from home. We live in a university town, so they also have the option to stay here. I hope they spread their wings a bit for the experience.
4. I have a hard time comprehending the amount of money some of you have stated you've paid for your kids to go to college. Why did you pay it, and how much did it end up costing? (not looking for a justification, just curious).
See above
5. Be honest with this one. Would you have been ok if your child really wanted to go to a Tech college to do what they really wanted, or would you have been embarrassed to tell people about it?
Yes. It honestly would be. If they were interested and passionate. Their cousin just finished a carpentry trade school to build and design furniture. Their uncle paints trucks for a living. We are a pretty diverse family even if dad has a phd and I have grad school.
6. At this point, do you think it would have been a better investment to put what you spent on college into an investment fund for retirement, and picked a different career path?
I don't think college is just about getting a job -- it is truly about learning for the sake of learning. If that is about learning a trade or about learning about the history of the western world --- I would try to get behind it. But it is, of course, much easier to relate to something you yourself have gone thru -- which is traditional 4 year college experience.
I think some things cannot also be calculated -- it isn't just about having a job with a reliable salary. It is about having a job you enjoy and having options. In my family we have academics, blue collar workers, etc. I can't calculate the value of my education just in what I have earned based on investment. What would I be doing without my degree? Would I find it as satisfying? Even if the salary is exactly the same, would it tick the boxes for what I want out of life?
1. How many of you, or people you know, are sending/have sent your child to college for prestige, not for the actual need of a 4yr degree vs just sending them to a Tech College?
My kids are still young. Growing up I came from an area where everyone went off to a 4 year school. If you didn't it was really odd. But then a lot of people dropped out if it didn't suit them. They pursued other types of careers. There was some stigma involved. I wouldn't say people went for the prestige, people went because that was what you did after high school. The stigma was because you couldn't handle it.
2. Did they pick their degree to justify that level of college, or did they want into that a field that required a 4-year degree? Basically, which came first? The Degree to be in a 4yr college, or the field to need a 4yr degree?
I hope my kids pick a school because they are curious and or passionate about something. Be that a tech subject, the arts, a traditional degree, I would support it.
3. Did they go to a local college, or a far-off college? Was the location based on educational necessity or just preference? Basically, did you spend more because you liked it better, or because it was needed for the degree?.
My kids are European citizens which means they can attend school in multiple countries tuition free. I would probably support them going to any one of those before going to a US school -- but will cross that bridge when we come to it. We live in Europe, but they can go cost free in a wide variety of countries that will still take them far from home. We live in a university town, so they also have the option to stay here. I hope they spread their wings a bit for the experience.
4. I have a hard time comprehending the amount of money some of you have stated you've paid for your kids to go to college. Why did you pay it, and how much did it end up costing? (not looking for a justification, just curious).
See above
5. Be honest with this one. Would you have been ok if your child really wanted to go to a Tech college to do what they really wanted, or would you have been embarrassed to tell people about it?
Yes. It honestly would be. If they were interested and passionate. Their cousin just finished a carpentry trade school to build and design furniture. Their uncle paints trucks for a living. We are a pretty diverse family even if dad has a phd and I have grad school.
6. At this point, do you think it would have been a better investment to put what you spent on college into an investment fund for retirement, and picked a different career path?
I don't think college is just about getting a job -- it is truly about learning for the sake of learning. If that is about learning a trade or about learning about the history of the western world --- I would try to get behind it. But it is, of course, much easier to relate to something you yourself have gone thru -- which is traditional 4 year college experience.
I think some things cannot also be calculated -- it isn't just about having a job with a reliable salary. It is about having a job you enjoy and having options. In my family we have academics, blue collar workers, etc. I can't calculate the value of my education just in what I have earned based on investment. What would I be doing without my degree? Would I find it as satisfying? Even if the salary is exactly the same, would it tick the boxes for what I want out of life?

). When we first started the college search process, she was looking at engineering schools because of this. After we visited several schools, spoke to engineering students and professors, and learned more about the field, she realized that wasn't at all something she wanted to do. So we switched gears and did a new search for liberal arts colleges.
. I also owned 3 rental properties. My only debt is the 3 rental house mortgage. I'm not trying to brag but just wanted to point out that never in a million year would I imagine that I will be in this position today working as a skilled tradesmen. I'm still currently working oversea, but not only that you also get a good benefit for working oversea around $100,000 tax free!!!!
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