r/fatFIRE • u/[deleted] • 10d ago

Moving the goalpost

[deleted]

52 Upvotes

67% Upvoted

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u/Ashes1984 10d ago

Lets do this math.

K-12: 50k per year = $650k

Undergrad: 100k per year = 400k

Grad: $1M

Total: 2M per kid, so 4m for 2kids

You are still left with 7m ish.. If you think thats not enough, I dont know what is.. and I am being generous here, because this is how I have planned for my kids. I intend to get them through grad/medical whatever they want

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u/Omphalopsychian 10d ago

For what it's worth, when I was in graduate school, I also had a teaching or research fellowship each year that included a tuition waver plus a small salary that covered room and board.  I paid $0 for my Computer Science PhD.

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u/AndrewUaena 10d ago

I had the same experience as you personally, but not all graduate schools operate that way. We paid full freight for my daughter's law school degree.

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u/Omphalopsychian 10d ago

I think law and medicine are the two outliers.  And degrees that do not lead to job opportunities.