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post #39 of (permalink) Old Mar 17th, 2019, 04:13 PM
country flag Hanan Ubis
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Re: College Admissions Scandal: Actresses, Business Leaders Other Wealthy Parents Cha

It's clearly not about future income but rather about status...

...bragging / not feeling ashamed about your kid... and giving your kid a more "elite" experience.


Because if you are going to spend 500k / 1 mil, to go to elite college vs. regular college, the lifetime income earning potential difference or the child probably doesn't make up for the amount you spent lol.

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