Harvard Isn’t Worth It Beyond Mom’s Party Chatter
Saving for our children’s college funds is one of our largest investment goals. But be wary of some of the common misconceptions about the college cost analysis:
- Parents often go for the big name university, under the misinformation that the returns will offset the higher costs.
- Top university affiliation is NOT always and forever more valuable.
- Math or science graduates earn more than students majoring in the humanities.
- Not all debt accumulated for college is always a good investment.
Learn more in Amity Shlaes’s article in Bloomberg:
Harvard Isn’t Worth It Beyond Mom’s Party Chatterhttp://bloomberg.comTheir insanity is captured in Andrew Ferguson’s new book, “Crazy U: One Dad’s Crash Course in Getting His Kid Into College” (Simon & Schuster). He describes the vanity of a desperate mother at a cocktail party who is dying to announce her daughter’s perfect SAT scores: