One topic that comes up a lot in parenting/FIRE circles is this all-consuming idea that we should start socking away money in a college fund so that the little one can go to school debt-free. While on the face of it this impulse is admirable why wouldn’t you want your kid to have a debt-free college experience? If they graduate without a load of debt on their backs they will be free to just leap off into the working world and start raking in the cash from the great job they got because of their degree.
That is one possible future but what's equally as likely is that instead of getting a more realistic degree like mechanical engineering they instead followed an interest in the poetry of 14th and 15th Spain. While that grounding in poetry makes them a great storyteller and engaging conversationalist it's probably a bit harder to find gainful employment with that degree.
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