The Price of Education

Have you read this article? It says, in a nutshell, that if your family makes less that $125,000 a year and you are lucky enough to get in to Stanford, your tuition is free. If you make less than $65,000, you don't even have to pay the room and dorm fees.

If you get in to Harvard and your family makes less than $65,000, tuition is free. If you make less than $150,000, you only have to pay 10% of the tuition.

Harvard's tuition is currently just under $65,000 a year, including room and board fees. Stanford, by comparison, is a deal at only $60,000 a year.  Since these schools' tuition have increased by 13% in the last 5 years, we can assume that tuition will be $78,650 by the time Bug goes to college, and $81,900 when BK goes. That's for just one year.

That's a whole lot of money.

Stanford is the number one ranked business school in America. Harvard is #2. Bug wants to open a bakery when she grows up. She will need a business degree in order to do this.

I'm going to need The Agent to lose his job, just so she can get in to Stanford for free.

Or she can go to UC Berkeley, currently the 8th ranked business school, and only $28,000 a year. That sounds much more feasible. And she only has to be in the top 9% of her class (there is not an academic requirement to get in to Stanford, but it goes without saying that you have to be amazingly smart).

Much to The Agent's dismay, neither child is interested in following in his footsteps and going into engineering

BK, meanwhile, still has dreams of being a firefighter, and a professional baseball player. Not or. AND.

Logic in the world of BK

I hope they both reach they're goals. And I hope I win the lottery.