Family Spends $1.5 Million on College for Five Daughters
- Posted on May 19, 2012 at 4:46pm by
Erica Ritz
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Photo: Marc and Beverly Ostrofsky
Marc and Beverly Ostrofsky of Houston, Texas have five daughters.
When the time came, each one of them opted for pricey, out of state universities, and while the parents are proud, they‘re also stunned at the price of today’s undergraduate education.
After tuition, housing, food, and spending money, Ostrofsky estimates, he and his wife are easily spending $60,000-$70,000 a year on each girl, per year– and that’s a “really conservative” estimate.
This means, then, that the family will have spent nearly $1.5 million on their daughters’ college careers, after taxes, when all is said and done.
It‘s unclear whether they’ll also foot the bill for graduate school, but one of the girls is already talking about getting her PhD., according to reports.
“We’re fortunate that we can take care of it,” Beverly said, according to ABC. “We decided a long time ago we didn’t want the girls to take out college loans, so that was our commitment to them.”
Two of the girls are graduating from Washington University in St. Louis and Duke University, respectively, this year, while the eldest graduated from Berklee College of Music in 2011. Another is still enrolled at the University of Denver, while the youngest will head to Boston University in the fall.
ABC elaborates:
Though the greatest expense is room and board, the family also picks up the tab for many other miscellaneous expenses such as food, clothing and three of the girls have cars.
“I’ve got five daughters so let’s put a separate line item for shoes,” Marc said. “At one point we had four different colleges going at the same time. It’s a little bit hectic.” Marc added he also picks up the cost of other activities such as sorority participation and athletics such as snowboarding.
With the last child leaving home for college, Marc says he and Beverly are going to “take a breather.”
“It’s like wipe the sweat off the brow now—it’s time think about what can mom and dad do,” he said.
But what about all of the families who could never afford such an expense, and the students who balk at such debt hanging over their heads?
“I think in the future it’s going to be different. I don’t think a lot of people are going to play that game,” Ostrofsky speculated. Rather, he thinks, a combination of online and traditional classes will emerge.
The best-selling author of “Get Rich Click,” Ostrofsky warns families about encouraging their kids to stay in school.
“Be careful what you wish for!”
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Comments (125)
felix
Posted on May 19, 2012 at 6:35pmha ha , 1.5 mill for an indoctrination , not an education !!
Report Post »justangry
Posted on May 19, 2012 at 6:59pmWonder how many of those degrees were in the humanities.
Report Post »Bob_R_OathKeeper
Posted on May 19, 2012 at 9:27pmInculcation and Indoctrination is exactly right.
Report Post »wdittgasn
Posted on May 19, 2012 at 9:27pmTake the 1.5 million, divide it 5 ways and let them live off 300,000 a piece….. I’d be set if I had $300,000.
Report Post »fidel1234
Posted on May 19, 2012 at 11:53pmWhats sad is the dad probably is just a high school grad. that hustled and knew how to make money,the girls more than likely will never make the money their dad does.
Report Post »lukerw
Posted on May 20, 2012 at 12:45amThe Price of Sex has gone up in Texas!
Report Post »jzs
Posted on May 20, 2012 at 2:09amWell, of course they can afford it. Their taxes are at an all time low, and like most of the rich they’ve done pretty well during the recession unlike the rest of Americans. Because they’re smarter than you. You guys are SO jealous it’s sickening. These parents are job creators, they’re rich. Or really just the Dad because the mother is a trophy wife. You mock them? You mock the rich job creators because they are able to send their children to whatever university they choose to attend? They have earned it, unlike you lazy worthless people who have no brains and no work ethic.
What makes me sick is you pathetic losers who never got an education being envious of these job creators, and their ability to spend millions to send their kids to whatever college they want.
You make me sick, you idiot losers. You should applaud these parents who have contributed so much to the economy that they are this rich. You should be licking their boots instead of making your pathetic, loser comments, after all they’ve done for you and this country. You should beg their forgiveness.
Report Post »Bryan B
Posted on May 20, 2012 at 2:58am@jzs
I am very glad for Mr.Ostrofsky and his family.
It’s a great thing to see someone do well for themselve and their family……
Report Post »RightUnite
Posted on May 20, 2012 at 9:04am@JZS… Go blow yourself you fool troll!
Report Post »nuttyvet
Posted on May 20, 2012 at 9:17amJust because college isn‘t everyone’s preferred route towards career training doesn’t mean a college education is a worthless investment! I’ve been a “blazer” for years and a staunch libertarian but that doesn’t mean I agree with EVERYTHING Beck says. I have a GREAT career that affords me to live comfortably without $ worries. And yes, I couldn’t have done it without college. In fact, every opportunity I’ve had in my wonderful live has been connected in some way to my 4 years in college (military, world travel, marriage, and yes, $)
Report Post »oneshiner
Posted on May 20, 2012 at 11:49amBFD. If they can afford it, what’s the discussion about? If they couldn’t afford it, there are wonderful colleges right there in Texas with in-state tuition.
Report Post »I’d be interested in hearing about what these girls do with their education in 5 yrs.
drattastic
Posted on May 20, 2012 at 12:26pmIf you have it to spend, go for it, it is what I say. I feel sorry for the poor slobs who marry these pampered princesses though . Talk about high maintenance , spoiled daddy’s girls.
Report Post »SpeckChaser
Posted on May 20, 2012 at 12:42pmSPECKCHASER PRESENTS: Thing JZS doesn’t know despite being significantly more educated than anyone whom he disagrees with!
If we raised the tax rate on those making 250K+ to 100% we could run the government for around 140 days!
Report Post »Philpenn
Posted on May 20, 2012 at 12:57pmI earn a pretty healthy 6 figure plus salary with no college education. There are few jobs, in spite of the spin to the contrary, where you really need it. If you want to be a surgeon, lawyer, or school teacher, then do what you have to, but for the rest of us, learn to do an ROI analysis. I could have gotten a Computer Science degree. Instead, I spent my time working, Learning real world answers to real world questions, picking up valuable certifications, moving up the ladder (sometimes by changing companies) and after five years of experience compared to their degrees, I was pretty even with them career wise, but I didn’t have that mountain of debt.
Now, 20 years later, I am well ahead of most of them financially, in career advancement, and in my home and family, mostly because I didn’t waste my time getting a diploma and a huge bill at the end.
One final thought. Do you really believe that Steve Jobs (or his partners) needed no degree to form Apple, but you absolutely have to have one to work for them?
Report Post »Therightsofbilly
Posted on May 20, 2012 at 3:05pmJZS SAYS:
“Their taxes are at an all time low, and like most of the rich they’ve done pretty well during the recession unlike the rest of Americans. Because they’re smarter than you. You guys are SO jealous it’s sickening”
Hey JZS,
All time low? Really? Or did you mean to say…….”lower than marxist’s can wrap their collective little minds around?”
I’m thinking that at some point in the past, tax rates must have been lower than they are right now. So was that a lie you just tried to feed us, or was it yet another display of ignorance on your part?
And JZS, that’s really neat how you incorporated your media matters talking points in there by referring to rich people as “THEY”, and everyone else is just…..“The rest of Americans”.
To each……..form each………ring a bell?
“They” as you put it are not smarter than we. You see……Some took the advice of a person that shall remain nameless. Buy low…….sell high……..ring a bell?
And finally. No jealousy on the right, JZSaul……..That is a character flaw found only in those that lean to the left. Although the left is now in the process of yet another re-definition of the language.
“FORWARD IS THE NEW LEFT”
Report Post »Watchingtheweasels
Posted on May 21, 2012 at 7:22amI’m glad dad has the clarity of vision to provide for his children, but in a world where you can work the Canadian Oil Sands and earn more than most physicians, you really have to wonder what the real value of a traditional college education is.
Report Post »Alessandre
Posted on May 21, 2012 at 8:19pm@JZS – calm yourself, please. Mr. Ostrofsky warns others to be careful what you wish for re financing their children’s educations. he recognizes $1.5 mil is a lot of money. it is. he has it & is spending it because he made a commitment but, if you notice, he is looking forward to being able to spend money on his wife & himself. & why have you decided she’s a trophy wife? the pix appears to have been taken @ a renewal of vows ceremony which means having been married some time. we know nothing about Beverly Ostrovsky. searches on the Ostrovsky family produce little. how do you reach your conclusions?
the silliest conclusion you reach is that we ought to be “licking the boots” of those who spend $1.5 mil to educate 5 kids because of their work ethics. what of kids who work their way through school? a friend’s son just decided to work for a 1/2 yrs before college to avoid loans. he was accepted @ a private university @ $50,000/yr for tuition & fees, received a partial scholarship & will work to make up the remainder. another friend’s son has worked summers & via long-distance while @ college in CA maintaining the computer systems for a hospital in Houston to help pay his expenses. he’s 1 of 9 kids & work ethics are in his genetic make-up considering his parents both came from families of 7+ kids. his “great books” college tuition & fees are $32,000/yr. he has 2 siblings @ the same school & has helped his family enormously. such kids have great work ethics & you know i
Report Post »RamonPreston
Posted on May 19, 2012 at 6:34pmB.S. = Bull sh█t
M.S. = More of the same
P.H.D. = Piled higher and deeper.
The real trick is getting a J.O.B.
Report Post »nuttyvet
Posted on May 20, 2012 at 9:18amMy MS has gotten me some serious $$$! So don’t knock it till you try it!
Report Post »RamonPreston
Posted on May 20, 2012 at 3:01pmNUTTYVET
Report Post »My BS with a 3.0 GPA got me a job in a factory with people who couldn’t even speak English at one-half what a college graduate should be making. I’ll bet for every 1 “piece of paper” you have I have 4. You don’t know jack about the hiring process. It’s all about appearance and BS. Ability doesn’t even come into it. When I asked employers to look at my credentials they replied “No, thank you. If we want them we will ask for them.‘ When you walk in they look at your clothes and decide they won’t hire you because you don’t “Meet the company image.” That‘s why it’s called the “bum’s rush.”
In 1985 I went to college. I was 38 years old, married with a family and on “public assistance.” I wanted my family to have better than I did. In the two years I was there I was treated for asthma, bronchitus, pneumonia and tuberculosis and I still kept a 3.0 GPA. I had to walk to college because I didn’t have a car.I made the Dean’s List once. Can you say that? Or did you have a rich daddy?
Well, I’m 65 now, retired and it doesn‘t make any difference but I don’t feel I have to take my hat off to anybody, even you.
VoteBushIn12
Posted on May 20, 2012 at 11:29pm@RAMONPRESTON
All I could you hear you saying in your post is
“I don’t shower”
“I’m not a people person”
and
“I don’t play well with others”
Education only gets you so far. You need a little Common Sense to get you the rest of the way.
One thing’s for sure, I wouldn’t have the job I have now, nor the salary I’m pulling in, without my BA or my MS.
So I’m with NUTTYVET on this one. The things you learn in higher education are worth its weight in gold.
Report Post »RamonPreston
Posted on May 19, 2012 at 6:31pmI don’t know about the girls but the parents sure got smarter.
Report Post »lukerw
Posted on May 20, 2012 at 2:04amI can’t wait… to find out… what the girls will do, next; Maybe, this for another Fake Reality show!
Report Post »Tri-ox
Posted on May 19, 2012 at 6:24pmSo, huh? Why is this news? The cost does not sound out of line.
Report Post »NeoKong
Posted on May 19, 2012 at 6:22pmThey would have been better off sending them to a state school and buying them a house with the savings.
Report Post »woodyb
Posted on May 19, 2012 at 8:43pmAnd a husband/partner!!!!!!!!!!!!!!!!
Report Post »TangoMike79
Posted on May 19, 2012 at 9:42pmNever send kids to a major University right away…
I’ll be sending mine first to a modest institution that offers a 2 year associates degree in a marketable occupation… Then have them matriculate to a more expensive college/university when they figure out what they want to do in life!!!
Report Post »The Third Archon
Posted on May 19, 2012 at 6:22pm“But what about all of the families who could never afford such an expense, and the students who balk at such debt hanging over their heads?”
Report Post »You mean the majority? Well, we COULD put aside public resources to ensure those with the ACADEMIC MERIT can go to school even if they don’t have the FINANCIAL CAPACITY to do so under the current model. We COULD reform the education system to bring down costs. There’s a lot we COULD do, but all of it would probably require increasing taxes and/or changing our spending priorities, but that’s not something amendable to conservatives, so I guess it’s off the table–I suppose we’ll have to just get used to enjoying the next Dark Age, brought to us by the ideological descendants of the SAME PEOPLE who brought us the last one. Wonderful.
Wolf
Posted on May 19, 2012 at 6:30pmColleges and universtities could cut student costs overnight with a few simple moves: freeze instructor wages to 100K or less a year, eliminate janitorial/union jobs that students could be hired to do; and cut non-essential administrative jobs- which is probably half the people, if not more.
Report Post »65Mustang
Posted on May 19, 2012 at 7:12pm@The Third Archon, Sorry, I don‘t want my tax dollar going for an OWS education that your little darlings could work and pay for themselves and then look down their nose at taking a job that doesn’t pay a six-figure salary.
Report Post »mekusmilkdud
Posted on May 19, 2012 at 9:21pmThe problem is someone has to pay, people like my sister (who is a teacher and her hubby who was an ARMY officer) planned their family and had two girls. they sent them to good schools and could afford them. but there are only so many taxpayers in the USA and good people like that end up paying for the jerks that want to have 8 to15 kids and drop all of them in expensive private schools or some how believe they are due the same privileges as people who plan and sacrifice to make it happen for them while others bum off them to.
Interestingly, when David Axelrod coined Barack Obama’s cleverly worded slogan “Hope and Change,” it suggested genuine intrinsic transformation and empowerment. It promised a means of helping lifelong passengers subsisting on welfare entitlements finally become captains of their own ships. This sounded good to the gullible independent swing-voters interested in social justice. The problem is that by nature, the passive are terrified of becoming active. Those who have viewed themselves as being acted upon their entire lives have the darnedest time suddenly becoming the ones doing the acting.
Obama, a community organizer by trade, understands this. His idea of change is clearly extrinsic — the radical redistribution of wealth and power within the system. But on an individual level, passengers will still remain passengers, and drivers will still be drivers. The only kind of “change” a passenger gets under Obama i
Report Post »mekusmilkdud
Posted on May 19, 2012 at 9:22pmInterestingly, when David Axelrod coined Barack Obama’s cleverly worded slogan “Hope and Change,” it suggested genuine intrinsic transformation and empowerment. It promised a means of helping lifelong passengers subsisting on welfare entitlements finally become captains of their own ships. This sounded good to the gullible independent swing-voters interested in social justice. The problem is that by nature, the passive are terrified of becoming active. Those who have viewed themselves as being acted upon their entire lives have the darnedest time suddenly becoming the ones doing the acting.
Obama, a community organizer by trade, understands this. His idea of change is clearly extrinsic — the radical redistribution of wealth and power within the system. But on an individual level, passengers will still remain passengers, and drivers will still be drivers. The only kind of “change” a passenger gets under Obama is a change in quantity — or, simply stated, more stuff. More free rides for longer durations, bigger buses with more government regulations placed on drivers. Once the money runs out, however, the jig is up. Once America’s number of passengers overwhelms the drivers, the system will collapse. The buses will break down, and drivers will riot, and then the Unites States will be reduced to the status of Greece and Italy.
Report Post »Bryan B
Posted on May 19, 2012 at 9:24pmNot everyone in America can have a college education, just like not everyone can be a millionaire.
There has to be someone that can not only design the roads and bridges, but someone to labor and build them. And there is no shame in doing either.
We all need to look at Mr.Ostrofsky, and be greatful we live in a country that someone can work hard and have everything they want and do everything for their family, like, being able to send his five daughter to college. We all need to be happy for this man.
We as a country need to quit wanting to take from one and give it to another, this is incredidbly destructive, not only from the person that it’s being taken from, but mostly to the person thats doing the taking or receiving. The people on the receiving end don’t look at it as a blessing, they look at it as it’s owed to them. If someone wants to give to another and share their blessing, that is their choice, but no one should ever be made to.
I am the poor, and everyday I am greatful and thankful…..
Report Post »Bob_R_OathKeeper
Posted on May 19, 2012 at 9:30pmFreedom brought us out of the Dark Ages, idiot and that’s being choked off daily now, wake up fool.
Report Post »Chuck Stein
Posted on May 19, 2012 at 9:57pm@ Third
Report Post »I went to college of a full scholarship — to an excellent college. That was in the 1980′s. Now, my two oldest daughters are attending a great university — full scholarships for each of them. Academic scholarships. Merit based. No need to change “spending priorities” to allow those with “academic merit” to go to college. Now, if you really want to bring the costs down for college, then the government should stop subsidizing it. Also, if a student loan is not paid back in a certain time, then the college that got the money should have to return a portion of the money to the lender (sadly, that is the government usually) and the student should get a corresponding reduction in the amount owed. That would make colleges think twice about enticing naive teenagers into sociology, political science, or “womens studies” degrees.
fidel1234
Posted on May 19, 2012 at 11:57pmIt‘s funny isn’t it,the govt. has no problem in the medical field telling doctors and hospitals what they will allow for those on medicare and medicad,but why they got a problem telling colleges what they will allow is above me. Sounds like politics to me.
Report Post »lukerw
Posted on May 20, 2012 at 12:46amIt must… Suck to be you!
Report Post »The Third Archon
Posted on May 20, 2012 at 12:53am“Colleges and universtities could cut student costs overnight with a few simple moves: freeze instructor wages to 100K or less a year, eliminate janitorial/union jobs that students could be hired to do; and cut non-essential administrative jobs- which is probably half the people, if not more.”
Report Post »Yeah they COULD, but they won’t if the current trend towards privatization and for-profit education models continues. The REASON the cost college has gone up is PRIMARILY due to the fact that public funding has remained fixed, while demand has drastically increased, and the administration in many schools swelled vastly in size and importance, going from part-time positions often filled by faculty to full-time separate staff. As colleges are forced to look towards the bottom line, even those that WANT to avoid devoting educational resources to profit making are forced to make the choice to do so.
The Third Archon
Posted on May 20, 2012 at 1:00am@65MUSTANG
Report Post »Well you are an idiot because you don’t understand the public good education brings to the population. It’s not about the money, although that certainly plays into the equation. It’s about knowledge for its own sake, and the kind of culture that VALUES knowledge and its pursuit. You don’t know anything about me, yet you assume a great deal about my educational background and professional aspirations. Incidentally, my degree ISN’T coming with any help from the likes of your “tax dollars”–given that people ideologically like you are much of the root of why funding for public education has remained relatively stagnant, you can’t claim to have done anything to help me achieve what I have without free money (public schools, like I said, have none of that to give away any more) and with loans. I do aspire to a career in a field that is typically considered, and often is, well paid, but I’m neither doing it out of financial interest nor do I intend to go into the areas for which this reputation is earned–I have important plans to frustrate people like you with my law degree, to the gain of the American public writ large.
The Third Archon
Posted on May 20, 2012 at 1:05am@MEKUSMILKDUD
Report Post »Indeed some people do have to pay–those most capable of doing so. It is precisely BECAUSE those at the bottom struggle just to survive, let alone participate in many facets of life those fortunate enough to be more affluent take for granted, that they must be helped the most. Failure to do so will result in a multiplicity of uneasily coexisting nations in one state.
witsend
Posted on May 20, 2012 at 12:47pmResponse to The Third Archon
You are correct that the majority of us could never afford this kind of money for a college education for our young adults. That does not mean we, and our young adult students, can not afford a college education.
” We COULD reform the education system to bring down costs.” The more the government works to lower the cost of education, the more expensive it gets!
My daughter just graduated from a state university. It took her just over four years to get her Bachelor’s degree. The entire cost, including room and board, was under $100,000. That is for all four years.
Report Post »She was not part of a sorority, but she did play club hockey and volleyball – that is included in my total. She had no scholarships and owes $20,000 in loans ($2000 of that loan is interest on the actual loan of about $18,000.)
She could have gotten her degree for less if she had lived at home for two years and attended our local community college. We pay taxes to support the com. col. even if we do not use it.
Watchingtheweasels
Posted on May 21, 2012 at 7:25amOr, we could eliminate government loans, and watch college tuition rates fall dramatically as supply outstrips demand.
Report Post »Netsurfer2
Posted on May 19, 2012 at 6:10pmI wonder how will they be able to go to college when all the government loans will be no more and all the government money will dry up? Maybe they will be the only ones in class or college will be for wealthy people only? I can tell you, they will cut, cut, cut all the funding more and more! Better get your education while you can! Now it is even getting harder and harder to get the classes that you need in order to finish your degree.
Just be thankful that you even have an education in order to get a decent job! It will get harder in the future to supply educated positions!
Report Post »nostromo
Posted on May 19, 2012 at 6:05pmI dont know what this guy does to afford that. I spent 300k on twins in college at the same time and we are still paying off college loans as a family. I guess it was worth it though since both are very successful (100K+) and not 30 yet. Funny how nobody attacks profs salaries and administrative salaries that are the drivers of this insane paper chase, but will attack the guy who risks his capital to open a plumbing business or a salesman working on straight commission who makes 200k a year.
Report Post »Wolf
Posted on May 19, 2012 at 6:41pmGee, if they’re making that much a year, why don’t they pay off their own loans and repay you?
Report Post »Bob_R_OathKeeper
Posted on May 19, 2012 at 9:32pmYes, I’d like to know also, if they are so successful, why didn’t they pay of the loans themselves? LOL Keep thinking you’ll come up with something.
Report Post »disenlightened
Posted on May 19, 2012 at 6:04pm…but………..can they cook?
Report Post »Midwest Blonde
Posted on May 19, 2012 at 6:04pmI have a friend who dropped out of college twice. The second time because he knew more than the professor teaching the computer science class he was in.
Did not going to college hurt him? No! Not a bit! He’s a whiz at programming unique stuff. He thought up something that made him many thousands of $$ many time over (multiple customers of course). He works for himself, mostly works at home, and manages to support his family in a way he wants to.
College is not for everyone. Even now, it’s tough for college grads to find work in their respective fields. I have two different 2-yr degrees but don’t work at either of them – because these jobs in my area aren’t available. I adapt, I work at what I can find. Thus, college didn’t do me any good, did it?
Report Post »hauschild
Posted on May 19, 2012 at 5:56pmStupid.
College is a waste of money now. Better to help them start a business with that money and get them into the “old” American method of being productive instead of wasting time being schooled by complete losers who hate everything this country once stood for.
Report Post »Individualism
Posted on May 19, 2012 at 5:54pmIf you want cheap college move to Georgia and live near a good school that your kid can get into and make him work to get the hope scholarship (3.2 GPA or higher) and college will basically be a few thousand a year.
Report Post »The-Monk
Posted on May 19, 2012 at 8:37pmIf you’re so smart college boy; why don’t you answer my questions?
Or, do I have to put a “big pinko star on your sissy chart”?
Report Post »migs53
Posted on May 19, 2012 at 9:32pmSame with Florida. I payed 4k a year to attend my state university on the Bright Futures program. 3.0 or higher with decent SAT/ACT scores which covered 75% of tuition!!!!! I only payed 800 dollars a semester.
Report Post »Individualism
Posted on May 19, 2012 at 5:51pmstate schools cost like 10-20k a year depending on how much your state pays and institution. your either in IT, Medicine, Engineering, Business or Education or gl finding job.
Report Post »The_Almighty_Creestof
Posted on May 19, 2012 at 5:43pmBefore I “oooh” & “ahhh” I’d be interested in knowing what courses they are taking, how much of that 60-70k is for the school alone, and are any of the 5 working while in school. Did they pick the schools because of the education programs and success the students graduating from these schools have in those fields, or because the campus is pretty or the skiing is year round.
So far –from the article– it sounds like a guy complaining about the high cost of driving around town to his two jobs…in his 8000 pound tricked out Hummer while towing his cafe racer, snowmobile and jetski.
Report Post »RaiderforFreedom
Posted on May 19, 2012 at 9:52pmI’m sorry you are unable to say “congratulations” to this man and his successes. I’m sorry that you are just upset at how someone, who earns their own money, spends it how they want to. I‘m sorry that you are probably jealous of this man’s wealth and are ignorant in handling your own money, but GET OVER IT. Every, single person in the United States of America has the opportunity to become a millionaire by the time they retire, if they would only handle their money correctly. Thank GOD these girls had the blessing of not having to work in college, focus on other activities and ENJOY college. Do yourself and the rest of the world a favor and be satisfied with what YOU have, not what someone else has.
Report Post »The_Almighty_Creestof
Posted on May 19, 2012 at 11:50pm@ RaiderforFreedom
I have just under 1/2 million dollars in the bank/annuities/401k/profit sharing and as of May 1st I became debt free except for my mortgage. I’m 53 and –if the country does not collapse– I’m on track to have 1.5 million by the time I retire.
So, I’m very sorry your childish assumptions are so off target…but then again, you probably felt you had some profound statement to make and just went in search of a post you could rationalize it spoke to.
Next time, just look in the mirror and yell it at yourself rather than making an idiot of yourself in front of everyone else.
Maybe you can change your name to “Non_Sequitur_Whiner” to be more on the mark.
Report Post »Glenn in Virginia
Posted on May 19, 2012 at 5:41pmFrom 1966 through 1970 I went to a very inexpensive small college in a state bordering Virginia. I went on full scholarships from two separate sources and got a very good education, in spite of the fact the college faculty was dominated by liberals. (They hadn’t all become Looney Leftists in those days.)
Report Post »While I was there I worked 15 hours a week, starting at 68¢ an hour. My parents were living on $163.00 a month in Social Security the first year and Mom had to get a job in a sewing factory after that. Still, they sent me ten or twenty dollars a month.
When I graduated, I had a B.A. degree in history and 21 semester hours in philosophy, $50.00 in my pocket, a 1964 Mercury (parents’ car) trunk full of books and didn’t owe anybody a dime.
Four years later I got into law school in Virginia, carried 17 – 18 class hours most semesters, 16 hours in the 1976 summer session, worked 20 – 25 hours a week (my wife working full time,) took the bar exam that July after a six week, every night bar review class. If you wanted it bad enough then, you could do it.
I pity these kids now, indoctrinated for 12 years, sent off to college to be browbeaten and indoctrinated for the next four years and the typical law school grad owes $100,000.00+. They all wind up in serfdom to the government, via some bloodsucking giant bank and various evil (literally) collection agencies, for the rest of their lives. Sometimes I regret being 64; but I got some of the last breaths of freedom.
hauschild
Posted on May 19, 2012 at 6:02pmGreat story!
Isn’t it strange that parents want nothing but the best for their kids, but these days, parents don’t realize that by giving their kids everything, they’ve really screwed them and the country.
Sometimes I bring this up to various people in conversation, but people either look at me like I’m from another planet, or they willingly agree – although you know they don’t really want to think about it.
It….drives…..me…..absolutely…..crazy! That people in this country cannot make the connection between older generations and how ridiculously productive they became – and not having it given to them – an inner drive unmatched by any other people with a huge dollop of pride to top it off. It’s simply amazing how in a few generations this entire “experiment” is way beyond fixable.
Report Post »Glenn in Virginia
Posted on May 19, 2012 at 6:18pmThank you, Hauschild. The story is aided by the fact that it’s all true.
When people say nowadays they are or grew up poor, I want to ask them:
Did you (or do you) have cable T.V.?
Did you (or do you) have air conditioning?
Did you (or do you) have indoor plumbing or did you (do you) have to slog through the rain, wind and snow, contend with spiders and black snakes just to use it?
Did you (or do you) have to eat pinto beans, potatoes and corn bread for days or weeks on end?
Did you (or do you) have to carry two buckets of coal upstairs every late fall and winter day and one every other day for the cook stove?
If they didn’t (or don’t,) they don’t have a clue what poverty is. And WE were considered middle class and this was in the prosperous ‘50s and ’60s.
I’m terribly afraid this country has lost its soul.
Report Post »The-Monk
Posted on May 19, 2012 at 8:40pm@Glenn in Virginia
Thanks for the story. What part of Virginia?
Report Post »The_Almighty_Creestof
Posted on May 19, 2012 at 8:53pmI remember seeing an ad depicting a thin, mid 20′s couple sitting at a card table in a rathole of an apartment. He was in jeans and “work” shirt, she in a tattered house dress and rather pregnant. The sun is rising through the kitchen window.
Below the picture, it said this:
“She’s with child. He‘s heading out to work two jobs and won’t be home until midnight. Poor is deciding who gets to eat today.”
That hit me in the gut hard.
Report Post »Brooke Lorren
Posted on May 19, 2012 at 10:35pmToday you’re not even allowed to work during your first year of law school at some universities… and all others limit you to 20 hours per week at the most.
Report Post »TRONINTHEMORNING
Posted on May 19, 2012 at 5:23pmCollege is for some and not for others. Simple as that. I find the tuition to be extreme but unfortunately, that is the way it is today.
Report Post »Conservative2
Posted on May 19, 2012 at 5:21pm$300k or more for an education is completely out of touch. How many years will it take to recover this investment. No wonder the ows crowd is so out of touch with reality. I think we need a National law that say you must be 21 years old before you can be accepted for any college. Make these young teens grow into adults and responsible people. If they had to support them selves during those after high school years, they’d wake up a bit and see what it really takes in life to make it! They’d also be ready to study with seriousness after living life with out the education. You have to Taste something Bad to Know it’s not for you!
Report Post »TangoMike79
Posted on May 19, 2012 at 9:51pmOn a related note… There’s many countries that require mandatory armed services commitment from their citizens… What if right after High School we required a 2 year or 1 year service period?
As a veteran I think that would ensure maturity :-)
Report Post »RaiderforFreedom
Posted on May 19, 2012 at 9:58pmWhy would ANYONE have to be 21? Is that an age you have divinely christened as the age of maturity? I was a Junior in college by hours less than 6 months after my 18th birthday. I worked hard, spent time studying, working more, and still balanced an active social life. If someone won’t yank their half-drunken child out of a school they’re paying for, then that’s their problem.
Report Post »Chet Hempstead
Posted on May 20, 2012 at 4:36pmTangoMike79
Report Post »If the U.S. had mandatory military service, we would end up with an army of about ten million people. We don’t need it, and we can’t afford it.
Chet Hempstead
Posted on May 20, 2012 at 4:47pmConservative2
Report Post »What about people who are so smart that they could finish high school a couple of years ahead of everybody else. Do you never skip kids ahead at the risk that they will get bored and hate school by the time they graduate? Do you let them work to their full potential until they get out of high school and then make then hold them back for five years until they’ve forgotten everything they learned?
Mark0331
Posted on May 19, 2012 at 5:20pmDo any of his girls work part time jobs like many many kids do to help offset the cost to their parents?…If they do not, that would be the definition of ungrateful…if they don‘t and daddy doesn’t mind…then pay 1.5 Million, no sympathy from me.
Report Post »wtd
Posted on May 19, 2012 at 5:19pmQuote: **** “We’re fortunate that we can take care of it,” Beverly said, according to ABC. “We decided a long time ago we didn’t want the girls to take out college loans, so that was our commitment to them.” ****
Report Post »When I was @ the age of entering college (70′s), it never dawned on my parents – or any of my friends parents – 2 take financial responsibility 4 their kid’s college expenses. None of the parents would entertain the thought of taking a second mortgage or subsidize their kids frills @ university back then. Coming of age came with responsibility. If I wanted a car or college edu – no problem – my folks knew I would just come up with a way 2 pay for it – by myself. I worked three jobs during the summer and full time nights to put myself through – as did many of my friends.
“Keeping up with the Jones’” mentality should have been tossed in2 the heap of very very bad ideas when student loans became fashionable. Instead that generation grew up to raise ‘over achievers’ whose self esteem was coddled above earned achievement. Trophies 4participation were provided 2 soften the blow 2 egos of those who wouldn’t/couldn’t earn awards 4real achievement .
And so, here we are, with the Fluke generation, refusing 2take on personal responsibility and learning from consequences 2their decisions, demanding their “due” at taxpayers expense. If a kid is responsible enough 2get behind the wheel, or consume alcohol, they should be responsible en
Wolf
Posted on May 19, 2012 at 6:45pmI still tell my kid if he wants college, he can pay for it just as I did. He won’t learn responsibility with me footing his bills.
Report Post »dmforman
Posted on May 19, 2012 at 10:37pmI agree. Too many parents are footing the bills for their children. Their teens have nice cars, expensive cell phones, computers, lots of electronic equipment, and don’t have to pay for any of it.
My son will be footing the bill for these things if he wants them. When we give our kids everything that we have, they don’t understand how hard we have worked to be able to afford them. They also become things that they see as needs rather than wants.
Report Post »sooner12
Posted on May 19, 2012 at 5:15pmCan you just imagine what his costs are going to be when his girls get married? I only paid $10K and was happy I got off that easy.
Report Post »The-Monk
Posted on May 19, 2012 at 5:15pm“The best-selling author of “Get Rich Click…..”
…is now writing another book called, “Get Broke Quick, How Not To Send 5 Daughters To College”.
Report Post »Mark0331
Posted on May 19, 2012 at 5:07pm…Plumbers, Electricians/Linemen, Welders, Machinists, all in high demand and the pay is outstanding…I tell kids to go that route, at least you won’t be in debt by the time you are 25 and you will have a career and salary that will make you friends away at school jealous…..plus job security…there are the few exceptions that college does help with such as medicine, engineering etc…
Report Post »SovereignSoul
Posted on May 19, 2012 at 5:04pmHow about you just estimate the cost of the education without the fancy clothes, shoes and other expenses that have nothing to do with getting an education.
Report Post »Apparently, deceptive headlines are not an issue of journalistic ethics as discussed in an earlier article.
Steelhead
Posted on May 19, 2012 at 5:19pmethics here,lol, waiting for another Breitbart story
Report Post »GoodStuff
Posted on May 19, 2012 at 5:02pmWhat a bunch of suckers. Unless they want to be doctors or engineers, college is pretty much pointless. This father should have taught his daughters to be entrepreneurs and used that 1.5 million to start some small businesses. If they are smart and hard-working, the daughters would be millionaires by now.
I wasted a crapload of money on college, never used my pointless degree, now own my own business. Parents need to teach their kids from an early age to be entrepreneurs. In the digital age where anyone can start an e-commerce site for a few bucks, they’re are no excuses. Again, outside of fields that require a degree, i.e. medicine, engineering, college is for suckers!
Report Post »Chet Hempstead
Posted on May 19, 2012 at 5:33pmSmart and hard-working people start businesses that fail every day. Look up entrepreneur in any dictionary and you will find the word risk as part of the definition.
Report Post »RightUnite
Posted on May 20, 2012 at 9:06amWhy you or anyone else gives a flying fig what SOMEONE ELSE does with their money?? It’s called envy! You all who are boo-hooing this family are GREEN with envy. Too bad you all are not smart enough to do the same, huh? I say good for them, and more power to them to do what they wish!
Report Post »walkandtalk
Posted on May 20, 2012 at 8:21pmCongratulations it worked for you. Startup businesses have a 80% fail rate. That is something a person learns in a Small Business Administration class, an elective in Business Administration. Also in Small Businees Management are taught the pitfalls and reasons for them. Education is important. It may be a BS or BA, a technical college AS or AA. It may be as a journeyman if someone is fortunate to know someone who is willing to teach and train them However in todays market there are professions which require a degree. Some technical 2 year schools are beginning to offer 4 year degrees. Yes we live in a time when graduates are finding it hard to find a job when they graduate but so are many other experienced people. Whatever someone does requires training be in in a college setting or on the job training. It all requires effort.
Report Post »Want our country back
Posted on May 19, 2012 at 4:59pmAfter they graduate they can become part of occupy wall street….. because if we don’t change this administration there will be NO jobs……
Report Post »progressiveslayer
Posted on May 19, 2012 at 5:41pmI MO we‘re being RULED by a regime and to characterize Barry’s crew as an administration is just wrong.
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