I think this has just brought up a lot of complaints I have about the college process in general. I know a lot of punditry shows I watch/listen to have been saying the same thing.
My main complaint is you have these rich parents who put down anywhere between 500,000 to 1 million in some cases. Some put less and some put more but those are some of the bigger figures I’ve heard in the news reports.
Here’s my question. You’re a rich person. Your dopey kid didn’t take advantage of the opportunities you provided in high school to become impressive young adults. Why not just use 500,000 to set them up in a business, or start a trust fund so they can just go out and live life and have fun and get some money doled out occasionally and are taken care of. Maybe they’ll eventually grow up and buckle down.
Hell, I never went to an impressive college but sometimes I wish my parents had taken what they spent on college for me and just, I don’t know, given it to me and I could have put down a down payment on a small condo or maybe a Subway sandwich shop franchise or something.
Seriously here’s my 1990s college experience:
CRANBERRIES’ KISS ME PLAYS IN THE BACKGROUND:
1990s ERA YOUNG WOMEN: You are rejected.
1990s ERA PROFESSORS: I’d teach you but really you could just teach yourself? It’s all in your mind already, at least that makes sense to me because my brain’s been baked since Woodstock, man!
But I get it. If you can buy your kid into an elite school then that gives the kid an air of sophistication and/or contacts that can help them in life.
Still, I don’t know. If you’re dropping a million to get your kid into college…holy shit, just drop that million on a few McDonald’s franchises or some investment real estate, hire someone to manage it, tell your dumb kid to go pick out the window treatments so they can feel like they’re in charge of it or whatever.
Or just do it the way old money has always done it. Buy the college a fountain or a fancy building.
Yikes. What a world.