quote:
Our third son's graduate program is $80,000 per year.
My goodness gracious! That would be $240,000 or $320,000 depending on whether a 3 or 4 year program. I do not like that math.
My family raised me to believe that you have to try and do a little better in life than the generation before you did. This has actually happened in my family in terms of education, jobs and income but not necessarily in terms of happiness. My Grandfather had a 3rd grade education, my Dad got a Bachelor's degree from UConn and I was the 1st one to go to grad school, and then my sister did as well, getting a Master's Degree in Political Affairs. My sister was actually valedictorian of her class. That means if I have a kid, he/she not only has to at least be put through graduate school, but maybe two graduate schools. It's going to cost a million bucks!
Some people want to hide from the stark financial realities of the costs of raising children but I am not going to do it. Sticking your head in the sand like an ostrich and pretending that these realities do not exist does not make them go away. There is no magic wand. I took the easy way out, I know, but it is also balanced out by the fact that IBD has made life difficult for me financially and in other ways. I am not sure everyone gets or understands this logic, but in my mind it was the correct choice for me.