My oldest is 15. I will highly encourage him to go the IU-Indianapolis route and stick here at the house the first few years at the very least. Having a $120,000 debt for a state school is an anchor that will take forever to get out from under. You can greatly reduce those costs by eliminating room and board costs.
Sad. Totally get your logic and it makes perfect sense. Lots of kids going to miss out on that going away cool campus town experience. Life will start at 18
Thanks for describing my daughter in that last sentence. Ugh.
Could be worse. Mine will major in sororities minor in pregnancy scares and get a degree in red cups
Zeke should be her academic advisor.
That is a great deal.
Reminds me of the old guy in the pharmacy.
Yep…the lady that asked him was speechless
My daughter goes to school with my partner’s stepson. So they are in our office and we hear their stories etc. and carpool from time to time. I’m starting to see that divide where a boy would be much easier.
When my kids hit college age I went to work at University of Cincinnati (I.T.) they had immediate tuition reimbursement, some places had a 2,3,.. year delay.
Another old guy told the pharmacy while buying his son rubbers.
Naval ROTC students are steered toward Engineering, Physics and (I believe) Mathematics degrees. A few years ago they started tying the scholarships to those sorts of degrees. Not the Marine path students though. When I had the NROTC unit at OSU that wasn't the case, but there was a core requirement for specific Math and Physics courses (also not for the Marine path students) and we encouraged technical degrees for the Navy path students (with some exceptions, like Nursing path students - which are few in ROTC units. I only had one). This focus is why they only have NROTC units at schools that provide those types of degrees. We have NROTCs at PU, but not IU for example. Army has ROTC units at many more colleges and universities than the Navy does. You can do Army ROTC at more than 1,000 vs. only 77 for the Navy.
I may go back to being a house director if she comes to IU. I’m good at all that stuff! 😂
That is why we have been very firm on her degree. She’s a direct admit to the Luddy School of Informatics. It’s a fantastic program with high earnings potential.
Haha I just said that and then read yours. I truly could not love girls that age and stage of development more. The best thing though was watching them grow and mature from freshmen to seniors. I miss it like crazy.
Wealth taxes, like taxing unrealized gains, have been tried and have failed in Europe. It's a dumb idea. Even Congress isn't dumb enough to pass one of those.
Man, you should take her in the spring or fall to a football game, or tailgate. One of the things that surprised me was the girls always talking about how pretty campus was. Most were out of state, but I totally took that for granted when I was there. I just had no idea everyplace wasn’t like that. I just knew Purdue wasn’t!
Informatics is a great school. Also our sports information department. Too bad mac’s daughter doesn’t like sports. I have one girl working for the Knick’s, one the Grizzlies with a huge online national presence, one U of Florida and one with the Philly Eagles. It’s so fun to follow their careers.
No idea, our parents were all rich. Lol. Crazy though I’m sure. Is there no discount for alums?
shoot i have no idea. i would imagine not. who knows where she'll go. for the first time in her life she's really taken to something. drama! theatre. maybe that will play a role
Well that’s perfect! I don’t think there is either, but that would make sense, even like a small discount. We have a good theater program, along with music of course.
i'm tempering all expectations. the other day i was driving her and her buddy to the rec center and her friend goes: this song is about hailey bieber. and my daughter paused for a moment and then i heard her mumble: icon.
I'm pretty sure IU theater and drama is very well regarded.
Tell her you won't let her ruin her life. She's going to Harvard and she's going to be a doctor.
yes that would be great. our little woke community has great drama/theatre. when i was growing up there were always actors you'd see at the grocery store who were here for plays. florida from good times. the grandpa from the munsters
. but yes that would be great. then i could turn my attention to the minion who will either be messi, a ufc fighter, or a garbage truck driver
A lot of my female classmates detassled. They wanted the tan.
Um, that's not true. Maybe in the early 70s, but by the mid-to-late 70s, factories were shutting down.
You voted for Biden, right?Here's how crazy Biden's proposal is:
President Biden’s FY 2025 Budget Proposal: Details & Analysis
President Biden is proposing extraordinarily large tax hikes on businesses and the top 1 percent of earners that would put the U.S. in a distinctly uncompetitive international position and threaten the health of the U.S. economy.taxfoundation.org
- Expand the base of the net investment income tax (NIIT) to include nonpassive business income and increase the rates for the NIIT and the additional Medicare tax to reach 5 percent on income above $400,000 (effective 2024)
- Increase top individual income tax rate to 39.6 percent on income above $400,000 for single filers and $450,000 for joint filers (effective 2024)
- Tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers)
- Limit retirement account contributions for high-income taxpayers with large individual retirement account (IRA) balances
- Tighten rules related to the estate tax
- Tax carried interest as ordinary income for people earning more than $400,000
- Limit 1031 like-kind exchanges to $500,000 in gains
- Repeal the base erosion and anti-abuse tax (BEAT) and replace it with an undertaxed profits rule (UTPR) consistent with the OECD/G20 global minimum tax model rules
- Replace FDII with unspecified R&D incentives
- Create a 25 percent “billionaire minimum tax” to tax unrealized capital gains of high-net-worth taxpayers
- Permanently extend the ARPA premium tax credits (PTCs) expansion (we do include PTCs in our distributional analysis)
- Expand federal rules on drug pricing provisions
- Spending program changes
- Provide additional Internal Revenue Service (IRS) funding
This is insanity. Taxing unrealized capital gains is the stupidest thing ever proposed by a sitting President.
The only thing worse than being 'unintellectual' is thinking you're an intellectual by posting financial graphs on an internet site meant for sports discussion.
I hope you don't expect to pay 100% of your kids' education. Let them figure out how to pay a significant portion. You'll be doing them, and yourself, a favor.
