Cash and the future of money

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OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
Jun 28, 2012 9:10 AM
Pick6;1213511 wrote:and their quality of healthcare and higher education is **** compared to ours.
I would probably agree with the healthcare...but I've never had anything there. Their higher education on the other hand, is not really that bad. The University of Toronto is one of the top institutions in the world. More international students are flocking to Canada over the US because of the cost of their education. Anymore, higher education is just a commodity. Go get it wherever you can...you'll just have to do something else once you have it.
Jun 28, 2012 9:10am
Ironman92's avatar

Ironman92

Administrator

49,363 posts
Jun 28, 2012 9:32 AM
Sonofanump;1213744 wrote:Just ordered my E-Z toll pass today. No more cash on the turnpikes.

Is this only in Ohio? WV?
Jun 28, 2012 9:32am
S

Sonofanump

Jun 28, 2012 9:40 AM
Ironman92;1213775 wrote:Is this only in Ohio? WV?

Actually, I purchased it from Massachusetts. They are all reciprocal and Mass does not charge any fees. It works it all of the states that have tolls in the northeast and midwest.</SPAN>

http://en.wikipedia.org/wiki/E-ZPass</SPAN>
Jun 28, 2012 9:40am
Q

queencitybuckeye

Senior Member

7,117 posts
Jun 28, 2012 10:30 AM
OSH;1213758 wrote:Anymore, higher education is just a commodity. Go get it wherever you can...you'll just have to do something else once you have it.
Disagree, the difference between attending a top school and some meedy oaker university is larger than ever in practical terms.
Jun 28, 2012 10:30am
G

gut

Senior Member

15,058 posts
Jun 28, 2012 11:04 AM
queencitybuckeye;1213825 wrote:Disagree, the difference between attending a top school and some meedy oaker university is larger than ever in practical terms.
Never go to a mediocre school. That's a waste of money. But it doesn't make sense to me if you are taking on a pile of debt to pay for Ivy League undergrad when the returns are marginal compared with many good state schools. Yeah, Ivy would help if you want to live on the East Coast after graduation, but in the Midwest you're mostly flushing your money. A big part of the pay differentials are that many more Ivy Leaguers go into top-tier banking and consulting jobs. It's really not all that enviable, especially when you consider MBA students come in at the same level and pay as other associates that did those jobs before grad school.

Grad school counts for a lot more. There's a case where I'd say go to the best school you can get into. Even then, a few jobs out people mostly look at what have you done rather than where your degree is from. But as a key to getting those first few jobs it matters.
Jun 28, 2012 11:04am
Q

queencitybuckeye

Senior Member

7,117 posts
Jun 28, 2012 11:31 AM
gut;1213864 wrote: But it doesn't make sense to me if you are taking on a pile of debt to pay for Ivy League undergrad when the returns are marginal compared with many good state schools.
For the typical child of working-class parents, the difference in total cost of attendance will be negligible.
Jun 28, 2012 11:31am
Glory Days's avatar

Glory Days

Senior Member

7,809 posts
Jun 28, 2012 11:41 AM
OSH;1213471 wrote:Yeah...and so far, they've got a leg-up on the US in:
  • Cost of currency
  • Cost of healthcare
  • Cost of higher education
I am sure there's so much more as well. Oh, they have nice hunting there too.
yeah, but they are also pussies...eh.
Jun 28, 2012 11:41am
G

gut

Senior Member

15,058 posts
Jun 28, 2012 6:33 PM
queencitybuckeye;1213884 wrote:For the typical child of working-class parents, the difference in total cost of attendance will be negligible.
How do you figure? Tutiotn, room & board at many of the top private schools is $40-$50k a year. Good state schools are $20-$30k less a year. $80k+ is hardly negligible.
Jun 28, 2012 6:33pm
C

Con_Alma

Senior Member

12,198 posts
Jun 28, 2012 6:39 PM
gut;1214347 wrote:How do you figure? Tutiotn, room & board at many of the top private schools is $40-$50k a year. Good state schools are $20-$30k less a year. $80k+ is hardly negligible.
A working class family doesn't pay $40-$50k at an Ivy league school. If you can get accepted you will pay a fraction of your household income for tuition. It's why I recommend all top students apply and seek the available aid at the Ivys..so that they can then use it as leverage against others they may have as a first choice.
Jun 28, 2012 6:39pm
sleeper's avatar

sleeper

Legend

27,879 posts
Jun 28, 2012 7:14 PM
You couldn't pay me to go to an Ivy. What a bunch of circle jerking elitists; I'd hang myself before my 1st year.
Jun 28, 2012 7:14pm
Q

queencitybuckeye

Senior Member

7,117 posts
Jun 28, 2012 8:11 PM
gut;1214347 wrote:How do you figure? Tutiotn, room & board at many of the top private schools is $40-$50k a year. Good state schools are $20-$30k less a year. $80k+ is hardly negligible.
Expected family contribution is the same no matter where a student attends. Some schools don't/can't make up all of the shortfall between list price and EFC, but many do. The Ivy's certainly do. Around here, my almae matres (CWRU, Northwestern) both do. IOW, it doesn't cost a middle-class (or poor) student a dime more to attend these schools than (for example) tOSU.
Jun 28, 2012 8:11pm
rmolin73's avatar

rmolin73

Senior Member

4,278 posts
Jun 28, 2012 8:21 PM
sleeper;1214393 wrote:You couldn't pay me to go to an Ivy. What a bunch of circle jerking elitists; I'd hang myself before my 1st year.
Please try it out. Would you do it for a free Ipad?
Jun 28, 2012 8:21pm