Last week I had lunch with someone who works at Princeton and is part of the admissions process and that is why I said they don’t require it. That is what I was told. I learned a lot about how Princeton accepts students actually. I was told their biggest influence in acceptance is achievement in situations of adversity as she put it.
Yeah if you are going to borrow a bunch of money for school it better be medical or dental school lol. Imagine owing money for a liberal arts degree.
Yeah... and then they want to have their college loans forgiven 'cause making payments on them cuts into their lifestyle too much. I have a doctor friend who told me he "finally paid off his college loans"... age 42. To be fair, there are a few well paying jobs with a Liberal Arts degree. I hear some companies are paying 6-figures to new "diversity officers". Even heard of one case where some black woman got a $400K salary with her degree in "Social Justice". Hard to fathom that.
Those of us who repaid our student loans are going to feel pretty foolish when student loan debt is forgiven.
if you have a few kids and make over 6 figures... colleges are set up to take every dollar you have saved after taxes and medical insurance. Its just like medical prices.. They have book prices which those with money or student loans have to pay.. Then they have the real prices... the students they recruit Then they have the discount or zero prices for those who parents don't really have jobs. If you have few kids... the parents who worked their asses off and paid taxes and paid medical insurance are not supposed to be better off than those who sat on their asses and got govt and school handouts. For a person to rise above that handicapping system of health insurance, taxes and college... ( in CA) and save money - you have to make at least 250 K a year and even then... we have to make good investments too... and time the real estate market well. This is not simply me speaking... because of my business (when I am not trading)... I sometimes see peoples income and expenses... I promise you many people making 150 k a year (as a couple with kids) are not able to make ends meet in San Diego.
It's almost like saying NBA basketball is racist and it is rooted in Black Supremacy. See how stupid that sounds? It's literally retarded.