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by wiremine 1465 days ago
I really value my undergrad degree. I'm 20+ years out of college, and am thankful I went that route, for many of the reasons outlined in this post. I feel like most HN conversations about degrees downplay these sorts of benefits.

That said, I'm now at the point where I'm close to looking at colleges with my oldest. Value/cost is very much on my radar. 20 years ago, you could go to college to "find yourself." You could explore a lot of ideas/careers quickly without the pressure to spend all the money. That's not as true today.

Can you reproduce the opportunities university gives you on your own? Yes, but it's very difficult.

2 comments

I'd be interested in hearing if parents are increasingly having a say in where children go to college.

Seems like with inflation, need for graduate studies, dating markets etc. that adolescence is lengthening. Whereas you would have been kicked out of the house to figure it out at 18 now we stay with parents longer...

(I have a 4 and 2 yr old myself)

I had a long conversation with a coworker the other day. He has a 20 year old, and he's allowing this son to stay at home, but is charging rent and forcing him to start paying for more and more things.
I find that people who do that kind of thing just don't get it. Things have changed. It's a much more high-stakes world for young adults than it was when they were that age. It's very easy for middle class kids to now end up poorer than their parents, which was much rarer for the boomers and early gen x. Give your kid every advantage you can.
Giving your child a gradual introduction to the real world is giving them an advantage.

Coddling them through a perpetual adolescence isn’t doing them any favors; it’s setting them up for exactly the kinds of failures you’re referring to.

The problem is that financial pressures never improve people. Sure, extreme financial abundance can turn a person into an insufferable, amoral twat; but no one's life has ever been improved by deprivation.

Should a kid spend a summer during high school working a "regular" job so as to understand what bullshit average people have to go through (and to do everything possible not to end up in such circumstances)? Sure. Why not? It's a useful experience, when you're 17, to see what life is like for most people.

On the other hand, Game Theory 101 tells us that forced plays are often lousy moves, and that having more options entails higher expectancy. If your kid, as an adult, has to work crappy jobs that damage his career, while others get to make choices that enable them to have better futures because they aren't worried about month-to-month bullshit, then he's going to end up losing through no fault of his own... and, see, this is commonplace. We aren't actually smarter than the poors (the real poors, not non-billionaire "poors"). We just ended up getting dealt better options, whereas they had to operate constantly under constraint.

If you can take stupid obstacles out of your child's life, you should.

> On the other hand, Game Theory 101 tells us that forced plays are often lousy moves

I think this falls into the category of "In theory, theory and practice are the same. In practice, they are not." Teaching children, in an age appropriate way that takes their unique strengths and weaknesses into consideration, is the definition of parenting. Preparing kids for life on their own is important.

Keeping commitments, budgeting and long-term planning are important skills. Having someone pay a small amount of rent is a reasonable way to do that. Not the only way, but it's a viable way.

>but no one's life has ever been improved by deprivation.

I think there's several sects of religion which disagree with you. IE Catholic Lent, the entire amish religion, monks of any kind..

I'm also curious what your take on chores and allowance is then as well?

I took a year off college, and my parents charged me rent. It was easily covered, and I didn't mind.

Except for those of my contemporaries--boomers--who were lawyers and engineers, most of us were not that prosperous in our twenties, I think.

> Can you reproduce the opportunities university gives you on your own? Yes, but it's very difficult.

No, not with Covid. Without in-person classes, you don't meet anybody and you don't learn anything more than with a $2.50 in late fees at a library, what Good Will Hunting talked about.

Well most libraries abolished late fees during COVID so swings and roundabouts I guess.