Comments on: Protect higher ed for you own sake, boomers http://toped.svefoundation.org/2010/02/02/protect-higher-ed-for-you-own-sake-boomers/ Analysis, opinion and ruminations on California education policy Wed, 30 May 2012 07:31:37 +0200 http://wordpress.org/?v=2.8.4 hourly 1 By: Marcia Harris, CPA http://toped.svefoundation.org/2010/02/02/protect-higher-ed-for-you-own-sake-boomers/comment-page-1/#comment-5211 Marcia Harris, CPA Wed, 03 Feb 2010 17:25:48 +0000 http://educatedguess.org/blog/?p=1200#comment-5211 I agree with this article and have been doing everything I can do to make sure that my kids get a good education and go on to college. I have a son who is a Sophomore in High School and a daughter in the 5th grade. They are both attending college-prep public schools in districts that are recognized as the "highest" in California and where the majority of parents are college educated. I am still spend approximately $1,000 per month on private tutors. Many other parents also use tutors, especially for math but other subjects as well. The bottom line is that even in the California's top school districts parents have to spend a lot of extra money on education or spend hours volunteering or fundraising for schools. While I am seeing good results in my own children, I am worried for those students who do not attend school in a highly ranked district and who do not have college educated parents who can help them navigate the school system and support them financially. Needless to say, the family vacation, new automobiles, and any other non essential expenses have been cut to finance education. I don't anticipate my education expenses to end for another 10+ years and in fact they will increase substantially in 3 years when my son starts college. When my son gets out of college my daughter will be starting and god bless us.... she wants to go to $tanford! While I am confident that this long term investment in education is necessary, the increase of education expense from my generation is 1000% or more. My parents sent me to school and that was that. I went to Cal and when I finished I had a student loan which was approximately $800. I have a Bachelors Degree, Masters Degree and am a CPA. I agree with this article and have been doing everything I can do to make sure that my kids get a good education and go on to college. I have a son who is a Sophomore in High School and a daughter in the 5th grade. They are both attending college-prep public schools in districts that are recognized as the “highest” in California and where the majority of parents are college educated. I am still spend approximately $1,000 per month on private tutors. Many other parents also use tutors, especially for math but other subjects as well. The bottom line is that even in the California’s top school districts parents have to spend a lot of extra money on education or spend hours volunteering or fundraising for schools. While I am seeing good results in my own children, I am worried for those students who do not attend school in a highly ranked district and who do not have college educated parents who can help them navigate the school system and support them financially. Needless to say, the family vacation, new automobiles, and any other non essential expenses have been cut to finance education. I don’t anticipate my education expenses to end for another 10+ years and in fact they will increase substantially in 3 years when my son starts college. When my son gets out of college my daughter will be starting and god bless us…. she wants to go to $tanford!

While I am confident that this long term investment in education is necessary, the increase of education expense from my generation is 1000% or more. My parents sent me to school and that was that. I went to Cal and when I finished I had a student loan which was approximately $800. I have a Bachelors Degree, Masters Degree and am a CPA.

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