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Had you prepared for it, you would. I don't see why this is a "I wish" scenario. You prepare for that literally the day you have a kid.
My parents didnt prepare for it. We are and hope to put enough away for her to pay for college. Hard to know if its even possible with how large tuition might be in another 10 years. I do know she will be in a better position coming out.
Posting member of tRCMB since 1997.
It is ALWAYS a great day to be a Spartan!!!!
Yeah...I think it's semantics.
In terms of picking the most expensive state school, I would not be where I am without MSU, but then again I'm a supply chain guy, and MSU is #1 or #2 for that major.
To me the distinction between tuition and room / board is irrelevant. I'll pay for both for my kids, as both Iowa and Iowa state are too far to commute.
My wife doesn't work....so no daycare.
Did you find that supply-chain didn't offer many opportunities to move into different fields? I know that 70% of all CEO's and Executives were accounting majors, but you never hear about Supply-chain.. ever.
But that wasn't my question. My question was did it offer opportunities to move into different fields. I'm actually away of the precursor of supply chain and his particular mechanical thinking and innovation in design and use by even the President in modifying how things worked. But my point was merely on vertical advancement rather than horizontal.
How would you know? You aren't even in school yet
35,600 posts and counting since 09-09-2002. tRCMB Dead Pool Commissioner.
I'm 48, I work for a fortune 100. I will not be the CEO, nor would I want to be. That guy is a serious road warrior, always in the air. He is an engineer by training, from a B1G school.
I'll work for about another decade, I've got likely got two more jobs in me after this one. They pay me very well, top 2% household income, and my wife does not work.
in terms of wanting to move into different fields....I've run a product line, done a stint in program management in new model development, but I always come back to SC because I'm good at it and I like doing it.
Your point about SC vs Finance and becoming CEO is somewhat akin to saying you want to play quarterback instead of tight end on your Pop Warner league team because you read that quarterbacks get paid more in the NFL....it's a long road from choosing a major to running a large corporation.....99.9% of college grads never become CEO.
I'm actually a transfer from another university.
What the hell does this sentence even mean?
When you want to do something, it's best to set your sights on that from the beginning and make the decisions that lead you there. Telling yourself you can't do something because it's statistically improbable is a surefire way to NOT accomplish said thing. And I didn't mention Finance, I mentioned Accounting, which is a bit different. But I do intend to be an executive at some point and I wanted to know how much vertical leverage a supply-chain management degree (though arguably I imagine you could get a CSE or MBA and render that issue nullified if necessary) offered someone compared to Accounting, even without being a CPA.
Administration and Management is where my sights go to.
The person who originally created the supply-chain concept of time would be the precursor to supply-chain management. He was so vital he was tapped by the President for support of the infrastructure of businesses as well as the military and Japan through an agreement.
I'll be honest here...My wife and I basically live paycheck to paycheck. Not totally but close enough. Our son is a freshman in high school right now. No matter what, I promise we will put him through college. We have spent everything on our boy the last 5 years putting him into the best travel baseball opportunities available,as well as QB training,basically making us live paycheck to paycheck. No worries though! It's been an amazing few years watching him grow and develop, getting to play all over the country(Ca, Fl, Ga, Az, Puerto Rico) We wouldn't change a thing! Obviously we are hoping he gets a scholarship(at least a partial to help) and he might be on his way to that...he is our 2nd leading hitter on our varsity as a Freshman and is expected to be the QB on our football team next season. Regardless of what happens and how he continues to progress as an athlete, we will make sure he attends college, sports or not We are used to spending the money for him and that won't change. It's my opinion that that is my job as his Dad to make sure he has all available opportunities. His Mom and me are soooo good with that. We might miss out on things right now and struggle a little to pay bills, but wtf, it's our only child. Never would he have to pay back a dime!!!
More power to you my friend....
I've had plenty of vertical leverage, enough that I'd be content right where I am. Anything up chain from here will further increase my already brutal travel schedule, and impact time with my family.
I understood you were talking about accounting, I absent mindedly called it finance as within my employer Treasury, Accounting, and Finance, are all simply called "Finance"....they are all accountants by the way.
Please try again?
The "supply-chain concept of time"...
This is going to sound rude....is English your primary language? (I've constructed an imaginary backstory for you now that involves growing up in Japan)
Well the vertical leverage you talked about still seemed to be outside of management and so I'm not sure. I know MSU has a great program for Supply Chain Management and I understand the basis and core of it as well, but it has a high-repetitive content as a job function and I'm not sure I want to get into that if high-yield management isn't something that is typical for vertical advancement from that.
But I'm sure the graduate degree that I plan on getting will help with that.
Your employer hires accountants in their treasury department?
Which one is that, a masters in douche-baggery?
You shouldn't have to pay too much. There's plenty of grant money, loans, etc out there. And, good for you to make him a priority. Both of our children were a high priority in our lives. Both turned out great.
One of the dumbest things I've ever read on tRCMB, and that's saying a lot.
There's a time and a place for everything and it's called college.
My parents paid for most of my undergrad through MET but I am paying them back for the credits I took over the amount covered by MET (I double majored). I'll pay for any additional schooling. I don't understand why someone would turn down education money from their own parents. From another source maybe, but not your parents if it's something they really wanted to provide you.
I paid for all of my own school, worked year round starting junior year of high school to pay for my own car and spending money, and that carried on throughout college. I make good money for being right out of school, I am able to pay for my students loans and still save money and have spending money. Paying for school shouldn't ever be some burden that someone can't escape, if you really can't pay your loans out of school, you made poor career choices with your major and work experience in college.
I know plenty of people who paid for their own school, and plenty that had it paid for them, and there are douchebags on both sides. I know a family that paid for their two kids full undergrad, they both got degrees in majors with no career prospects, now both kids are unemployed, married to people with little to no income, and live in (very nice) houses bought and paid for by their parents. Is that how everyone will turn out if they have their education paid for? No, I have a few friends who had college paid for, got good engineering degrees and do very well because they are damn good at what they do and they work hard.
Here's an easy solution, if you had your education paid for and don't want to be an asshole, don't act like you're in dire straights financially just because you can't get that brand spankin new car right out of school to go along with your overpriced apartment or condo, and if you paid for your own school or got student loans, don't call out everyone who didn't unless they make an ass of themselves first, especially if you're not in the position to pay it off yourself.
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