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by sokoloff 791 days ago
I'd happily spend $30-40K/yr for UC-Berkeley, UT-Austin, or UNC if that's where my kid got in and wanted to go.

A lot of this hinges on "worth".

Are you trying to make some kind of purely financial investment and show in an Excel model how it improves the overall financial outcome?

Or are you trying to equip your offspring to maximize their enjoyment in life? I got a lot of education at university that will never show up in a cell in a spreadsheet and I'm forever grateful for that, even though that it that subset had a negative RoI.

1 comments

Ah, but you're paying for your children's education and not saddling them with 120k debt right out of the gate, correct?
I will be yes but, in my estimation, the value of those state schools is well above the $30K/yr in GP's post, regardless of who is paying.

Side note: If a student chooses to saddle themself with that level of debt to attend Berkeley, I think that's still a good decision for the vast majority of students who will make that choice.