Archived posting to the Leica Users Group, 2006/08/31
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Different perspective... The reason you send your kid to Harvard, Princeton, etc. has nothing to do with education. It has to do with the perceived value the prestigious name that excites companies into hiring those names. There are some people that will only hire Harvard, MIT, Stanford, USC, and for that matter, UCLA, Berkeley, etc. There is a major company that sends out recruiters only to certain schools. All of which are fancy name and high tuition. It is a perceived quality reference and, to be honest, a snob appeal thing. It has nothing to do with the kid. Wear the "Ring", and you can get the job. Be the brightest guy in your class at Podunk U, and your resume may never make it past the HR filing cabinet. The message? The perceived value of "The Ring" is what you are buying. Your kid gets better jobs, more pay, more promotions, and generally is more respected ONLY because he wears the ring. The additional cost of education is offset within a few years. Yes, it is expensive; Yes, it is controversial; Yes, it works. YMMV. Second different perspective...... I live in California. Actually, we have few private schools. Not like Mass, where private colleges are a dime a dozen ( in quantity). The cost of going to the State Schools, when you take into account tuition, room and board, is around $5k to 15K less per year than private schools. The kid gets out in 4 years rather than 5, 6 or more at State schools due to over enrollment ( sometimes referred to as "impacted"). Do the math and you may find that paying Harvard's 4 x $40K is not that much more than 6x $20K... and you get to " wear the Ring". Trade in your R-Whatever and your M-whatever system and get your kid "The Ring". After all, you are a parent first. Lastly... Harvard has ( or had, it makes no difference) the worlds' largest endowment. The income from that endowment is great enough that it would pay for the education of every Harvard graduate for 4 years. They do not need the money. They charge for "the Ring". Frank Filippone red735i@earthlink.net