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Re:It takes a net worth of millions to be comfortable in Sil... by mamon on Thursday April 18, 2019 @04:04PM (#19694310)
Only in the US things like giving your kids proper education and saving for nice retirement are considered luxury goods. In Europe they are treated almost as human rights :)
Re:It takes a net worth of millions to be comfortable in Sil... by lotsofpulp on Thursday April 18, 2019 @04:11PM (#19694358)
Proper education and attendance at an institution that shows you can compete and/or belong with the top x% are different things. The latter is what the article is referring to.
Re:It takes a net worth of millions to be comfortable in Sil... by anyfoo on Thursday April 18, 2019 @04:14PM (#19694378)
No, it's not. Why is "being able to compete and/or belong with the top x%" in any way dependent on money? Europe has world-class universities which are essentially free. You get into them by proving qualification, not wealth.
Re:It takes a net worth of millions to be comfortable in Sil... by AnimalMuppet on Thursday April 18, 2019 @04:48PM (#19694635)
The original quote was attendance at a "top" school, not just a decent one.

> You get into them by proving qualification, not wealth.

I think the context indicates that we're talking about kids who couldn't get in by proving qualification, so their only way in is wealth. You want your kids to attend Harvard, not because they're smart enough but because you can pay full price tuition? Well, it's going to cost rather a lot.

Re:It takes a net worth of millions to be comfortable in Sil... by anyfoo on Thursday April 18, 2019 @06:51PM (#19695487)
> The original quote was attendance at a "top" school, not just a decent one.

I realize that.

> You want your kids to attend Harvard, not because they're smart enough but because you can pay full price tuition? Well, it's going to cost rather a lot.

Why is that even an option? The point was that there is no tuition in Europe (at least in the countries I know). If your kid is unqualified, it is unqualified, you don't get to override that just because you have money.

Re:It takes a net worth of millions to be comfortable in Sil... by AnimalMuppet on Thursday April 18, 2019 @07:38PM (#19695739)
Why is that even an option? Because Harvard likes money. (And Harvard is a private institution, not run by the government.)
Re:It takes a net worth of millions to be comfortable in Sil... by chris11 on Thursday April 18, 2019 @04:29PM (#19694500)
I don't think this is necessarily about the poor state of public education. Two of the top three school districts are in the bay area, and 9 are in the top 20. https://blog.pacificunion.com/silicon-valley-again-earns-hig... I'd expect that an engineer could find a decent public school for their kids ignoring any special circumstances.

I think it's more to do with the cost of private education. I found a couple of private middle schools that charged between $30k and $35k per student per year.

Re:It takes a net worth of millions to be comfortable in Sil... by United857 on Thursday April 18, 2019 @04:34PM (#19694544)
The top SF Bay Area school districts are all in areas with high housing prices (big part of the reason why the housing prices are high to begin with).

Unlike other parts of the US, there are few or no "magnet" schools in lower-income areas. Public school assignments are solely based on your residential address.

So in an indirect sense, sending your kids to a good public school is still costly. In some cases, even sending your kids to a top private school while living in a cheaper area may save money in the end.

Re:It takes a net worth of millions to be comfortable in Sil... by masonic on Friday April 19, 2019 @03:30AM (#19697726)

  Public school assignments are solely based on your residential address.
I don't think that's true at all for SF.
Re:It takes a net worth of millions to be comfortable in Sil... by 1337biz on Thursday April 18, 2019 @04:20PM (#19694428)
Let's talk about that state provided retirement money in 10 years again...