The most ridiculous post secondary education story I've ever heard.

Discussion in 'Off-Topic' started by MSP, May 13, 2011.

  1. MSP

    MSP Haunting a dead forum...

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    I know we've talked about this at length here lately, but I just came across the most extreme example yet:

    A family friend of ours has two daughters, both around age 30. I didn't realize this but their parents paid to send both of them to get their MASTERS degrees. Anybody care to guess what they've done with their $500k worth of schooling?
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    Daughter #1: Stay at home Mom.
    Daughter #2: Bartender and substitute teacher.
    :shock:

    Daughter #2 has very little teaching experience, and has been unable to get a full time teaching job because she's overeducated. And she prefers to tend bar...
  2. Torx

    Torx Indigenous Nudist

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    500k!! for fucks sake, people actually save that much for their kids education?
    i'll put a 20k limit on my damn kid, fuck that nonsense!! 500k is rediculous.
  3. mistawiskas

    mistawiskas kik n a and takin names

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    This is why you make the kids take at least some responsibility for funding their education. What comes too easy is just thrown away in a lot of instances. At least a bartender of that caliber can converse on a miriad of topics. :-k
  4. Scrubbin_Bubbles

    Scrubbin_Bubbles My E-Penis Is HUGE

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    My cousin is getting her Masters this year. It took her 13 years of schooling because she was fucking around so much.
  5. SoulAssassin

    SoulAssassin Car Ramrod

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    Yikes. What a waste of money. I've started a savings account for my daughter (for education later) but haven't started that 529 plan for college credits. When I was in college it was ~5k (IIRC) a year with books, parking, tuition, etc...Now I think it's ~10k for the same university. Prices are waaaaaaaaaaay too high for post high school education.
  6. mistawiskas

    mistawiskas kik n a and takin names

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  7. MSP

    MSP Haunting a dead forum...

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    These are blue collar people too, Daddy worked for Ford and Mommy was a florist for a grocery store. Imagine, as a family, what they could have done with that money?
  8. mistawiskas

    mistawiskas kik n a and takin names

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    Yeah, they could have been setting their lives up to be debt free for the remainder of their days. Money......once gone though, it's like time....it's gone and it isn't coming back.
  9. Torx

    Torx Indigenous Nudist

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    failed investments. lol
  10. Goofus Maximus

    Goofus Maximus Too old to be this dumb!

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    I wonder what they got their master's degree in?
  11. Coleman

    Coleman fresh off the corner

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    Just to play the devil's advocate.... where did they go to school? What was their undergrad major and masters in? And how do you know they spent 500k+? I've been in school for 6 years and the total is under 100k.
  12. Sparky

    Sparky ¿sdooɥʍ

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    Yeah! People that dumb don't go to Ivy League schools and rack up that kind of debt to not get a job. You get so well-networked, you can't help but get a cushy job. Also, smart people don't get pregnant that soon. 8)

    If I had $0 in financial aid from the school, my total for 4 years would be about $160,000. Add two years to that and it'd be a little over $200,000. Now, I get a fuckton of financial aid because I owned on my SATs and maintain a 3.5, but I go to an expensive school - not NYU or Harvard expensive, but definitely one of the pricer ones. No idea how your friend's daughters made it through 6 years without getting any sort of grants/scholarship/financial aid.

    Obviously, most of the blame falls on the parents as they didn't really read or research much. I had a similar issue with my parents since neither of them college educated. There was definitely a learning curve to tackling college finances, but holyfuck... $500,000 is absurd!
  13. MaesterB

    MaesterB King of the Wicker People

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    Wow.

    I spent maybe a few grand in education that I didn't want and I'm glad I stopped. I've lucked out much better than I thought.
  14. MSP

    MSP Haunting a dead forum...

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    Yep, that's dead on. But multiply by two, and add to this their cost of living expenses that their parents ate as well. Cars, insurance, off season room and boards, clothes, etc. Might actually be more now that I think about it.
  15. Sparky

    Sparky ¿sdooɥʍ

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    I'm not really concerned about the costs of my own schooling, especially because I won't be having kids any time soon. ;)

    Like I said, I have a good deal of grants and scholarships and whatever debt I have/will incur isn't really stressing me out. I've made a great deal of progress with my writing and I have no doubts that I'll have a publishing deal or at least a solid lead on one by the time I graduate. The faculty really digs my writing and I've already been featured in a literary journal It's healthier to stay optimistic, right? :D
  16. mistawiskas

    mistawiskas kik n a and takin names

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    It's healthier to be low stress. Whatever that requires, it's different for everyone.
  17. Lord Kain

    Lord Kain Keeper of the Timeline Staff Member

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    lmao! I did my Master's in one year! bwahahahaha
  18. Sparky

    Sparky ¿sdooɥʍ

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    If there aren't any grants or scholarships coming in and you're paying for higher education in full, it's probably a sign you should go to hairdressing school or find a job.

    Awesome! I mean, it shouldn't take more than 2 years anyway right? WTF Bubbles?