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Comment That kind of pricing makes no sense. (Score 4, Interesting) 374

$500,000 invested wisely into a moderately aggressive portfolio at age 18 would make you extremely wealthy at retirement age. Why waste it on a college education that may or may not get you a job, and even if it does it will likely never earn you as much money as the original cost invested wisely?

Comment Re:Huh? (Score 2) 73

It boggles my mind to think that somewhere there is a upper management or C-suite executive that hatched and implemented this scheme and went home that day thinking 'job well done'. I wonder if his wife and kids are proud of him.

Actually I think this type of behavior probably is done by groups of people (committees, boards, etc) where they can feel like it's OK - as long as nobody disagrees, everyone else is OK with it too, so it can't be THAT bad.

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