Education, Obama Style = $1.5M+ with Math & Links

Jan 27 2012 Published by under salt

My previous post has upset liberals.  

My bad.

I should have been cognizant of the fact that the mere observation of fact upsets them.

It’s not enough to say “The sun rises in the morning and sets at night.” You have to cite The New York Times to prove it.  

Below, links (not the NYT but to Ivy-covered primary sources) to all my math proving that the Obamas really are the incoherent, hypocritical, fascist despots I have asserted that they are; at least as regards what their little snowflakes are entitled to have via their parents’ checkbook versus what your little snowflakes are entitled to have via their parents’  checkbook.

Oh – and to all those who doubted me:  Stuff your sanctimony and grab your calculators.  (Please note:  I actually did this research about a year ago, so the rates have surely risen since then, only further bolstering my case.)

“We need to offer our children the best education in the world.”

December 15, 2010 President Obama

 http://www.whitehouse.gov/the-press-office/2010/12/15/remarks-president-tax-cuts-and-ceos-meeting

—-
$966,684.00 = Tuition for 2 children to get the education President Obama presumably regards as “the best education in the world.” (We know this because it combines the education he, himself had, and the education he and The First Lady have chosen for their two daughters.  It would be “imperial” would it not, if they meant their daughters are entitled to “the best education in the world” and your children are not?  That sounds like something Bush would say! So by that standard, surely shared by every Obama-loving liberal, we will proceed.)

THE BEST EDUCATION IN THE WORLD:

Sidwell Friends School (which encompasses grades 5 through 12) + Columbia University + Harvard University Law School.

Sidwell Friends School is where the President & First Lady have enrolled their two children. The President is a graduate of Columbia & Harvard.

TOTAL:  $966,684.00

$966,684.00 was calculated, for simplicity’s sake, as if the 2010 tuition rates would not rise for the duration, were simply doubled (to account for 2 children), and represents their tuition *only*. It does *not include* housing, food, books, fees, or *any* of the other certain, necessary and related expenses involved in financing such an education in New York City and Boston.

TOTALS FOR EACH SCHOOL:

|| $32,069 annual tuition at Sidwell Friends x 2 children for 8 years = $513,104

|| $22,610 annual tuition at Columbia University x 2 children for 4 years = $180,880

|| $45,450 annual tuition at Harvard Law School x 2 children for 3 years = $272,700

LINKS:

|| Sidwell Friends School

 http://www.sidwell.edu/admissions/tuition-and-fees/index.aspx

|| Columbia University – General Studies, B.A., B.S., JTS Joint Program

 http://www.columbia.edu/cu/sfs/docs/University_Tuition_And_Fees/tuition-fees-10-11.html#N10531

|| Harvard Law School

http://www.law.harvard.edu/prospective/jd/apply/the-application-process/jdfaq.html#tuition

 

President Obama & The First Lady did not enroll their two children in the school they chose for them because it’s not the “best” they could find because, obviously, no parent would do that if they could do anything at all to help it.

One then could also safely presume the President & The First Lady would like to see all American children (of ALL parents who “work hard and play by the rules” whose wealth he swears he doesn’t “begrudge”) enjoy the pride of being able to provide their children a “world class” education, just like they do – by writing a check on funds they have earned & saved by their own talent and hard work – releiving Sasha & Malia from the nightmare of having to navigate the maze of government loans, funds, grants, etc in order to afford an education worthy of their potential — and, thus, empower that college to use its discretion to confer admission to other smart kids without money, by virtue of dropping that big fat pile of cash in the admissions office.

Given that we have left out 18 years of rises in tuition (which lately have averaged 9% per year!) and that we have left out every single solitary ancillary expense like rent, food, transportation and books, it’s not at all unreasonable to assume another 50% – at least – on top of that (nearly) $1M as it stands, today, in 2012.

Bring it, kool-aid drinkers.  Review the problem, then tell me how Obama’s h*rd-on to get his hand in the pocket of every American who earns a single penny over $250k squares with them buying a $1.5M dollar education in THEIR HOUSE while making harder for YOU in YOUR house for your children – while, just as a bonus, calling you a selfish pr*ck just for wanting it and further characterizing your prudent saving “hoarding.”

You know what I hear?  I hear:  SCREW YOU I GOT MINE.  You’ll get NOTHING except the scraps off my politically correct table and like it.

I can’t wait.

 

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Can Someone Explain?

Jan 25 2012 Published by under salt

UPDATE, THU JAN 26, 2012, EARLY AM:

My goodness but we have lots of cranky libs!  This is not a surprise, per se, but a bit of a surprise that they are so free flowing with their crankitude on my itty-bitty corner of cyberspace.  PLEASE see my SOURCED replies in comments below, in my years long effort to correct lib myths.

Help me, some wicked smaht lib, will ya?

How do you reconcile these seemingly opposing memes from Our Dear Leader:

We don’t want to “punish” success. We simply want to see to it that everyone gets a “fair opportunity at the American Dream” which we describe, in part, as being able to “pay for your children to go to college” and to have the “dignity” of a “secure retirement.”

BUT, this will cost boatloads of money, which, if you “hoard” it, makes you a selfish pr*ck and I will tax your ass back to the stone age… which sounds an awful lot like “punishing” you, right?

So how to make the math work with the rhetoric?  Let’s give it a whack:

Okay - Let’s use the Obamas as an example, since it is a President with the last name Obama who is setting the standard. After all, he wouldn’t be so kingly as to presume that others have less of a dreamy dream than him, right?

Tuition for Malia and Sasha to attend what they regard as the best possible school for them (something the President has said, repeatedly, publicly, is every American child’s “right.”) is $40k per year.

Four years for 2 kids at Sidwell Friends will be $320,000.

If they want to go to Princeton, Columbia, and Harvard like Mom & Dad, all the way, for a J.D. or M.D., that’s another $1,000,000. (Just trust me on this.  I’ve done the math.)

Let’s just round that up to $1.5M because you know that by the time your children actually get there, it’s going to be at least that much. Now, maybe you aren’t the kind of parent who would pay for your child to go all the way to an M.D. or J.D. I know in my own case, my father was not willing to pay for a Masters’ degree for me (I degreed in Professional Writing & Film. Why not become an expert in bat snot on the bottom of Ugg boots in Manhattan in the springtime when the wind blows from the west and go make a living, right?), so not on a professional track and I was just so friggin’ grateful he paid for me to get my B.F.A. it never occurred to me then, nor since, to ever be unhappy about that, but, hey… If you’ve got a kid who can go all the way to be a Harvard M.D. or lawyer, who WOULDN’T want to see that happen, right? So let’s go with it.

Median income in this country is about $60k, give or take, depending on who you talk to or what metric you consult, but let’s just go with it, because it’s a nice easy number to work with.

That’s $5k per month, gross. In order to save $1.5M from the time your little snowflakes are born (let’s say they are twins) until the day they turn 18, you would – EVERY MONTH – have to save (absent compound interest, obviously):

$6,950

($1.5M / 18 years = $83 333.33 / 12 months = $6,944.44)

Oops.

I’m just a knucke-dragging neanderthal conservative, but last time I checked, $7k is more than $5k.

Okay. Let’s say you earn that much. Let’s say you earn TWICE that so you can do something other than live in a box while you save for college.

$14k per month is your income, let’s say.

That’s $168,000 per year. You would have to meticulously save 1/2 your income every month for 18 consecutive years to do that. This is not realistic, eh, mon chere?

So, let’s double THAT to $336,000 so we can get your required monthly savings down to a more reasonable 25% of your income. This is still hard, but at least it’s approaching earth.

Ooops.

That would put you WELL over the magic, evil $250k per couple threshold.

Obama wants to tax you Satans-among-us much, Much, MUCH more.

How we gonna send our little snowflakes to Harvard without having to go to the federal government for a handout like Oliver Twist asking “Please sir, may I have some more” unless we get to keep our money without getting it up the wazoo in taxes? Because, remember, the President was kind enough to criminalize private sector school loans when he got the health care bill passed.

And we haven’t even TOUCHED retirement yet.  JUST TUITION.

Libs?

Bueller?

Anyone?

How does this work?

28 responses so far

“Family Time?”

Dec 29 2011 Published by under salt

From The Hill:

“Before the (3 hour) dinner (w/out the kids at a restaurant in Honolulu), Obama hit the links, spending nearly 7 hours at the Ko’olau golf club with Mike Ramos, Greg Orme and long-time friend Robert Titcomb, who earlier this year plead no contest to soliciting a prostitute in Honolulu.
”

I thought Bam-Bam was supposed to be spending precious time with his daughters, right?  He’s golfed every day, for 5 to 7 hours, every day he’s been on vacation save one, I think.

Look… Makes no never-mind to me how someone spends their own money or vacation time, but don’t shine me on telling me it’s all about the kids, okay?

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