Posted on 09/18/2015 9:34:30 PM PDT by nickcarraway
Some students have deeper pockets — or more generous parents — than others.
Take 33-year-old Negev, who moved from Israel to the city last month with his wife and kids to start a master’s in computer science at Columbia. (He asked to be identified by his first name only for privacy reasons.)
Photo: Kimberly Miller Photography With a budget of about $20,000 per month, they landed a spacious four-bedroom in a prime prewar Upper West Side building. Because his family will only be in town for two years, he hired Sean Juneja of Decor Aid to outfit the 3,200-square-foot home to suit the adults’ bright, modern sensibility as well as 2-year-old twins Adam and Miley’s need for safety, desire for fun and penchant for messes.
(Excerpt) Read more at nypost.com ...
She has crazy eyes.
And her cleavage is actually a tatoo.
Regards,
who knew Megan McCain’s twin would have a talent?
A lot of parents have discovered that it’s actually cheaper in the end to buy a place and rent it to their children and a couple of friends while they are in school. At graduation, they then sell it and recoup most of their rent expenses.
Well I don’t know anyone rich enough to buy housing for their college kid but mine live in an off campus town house in State College with 3 room mates. Much cheaper than the dorm. They each have their own room and bathroom.
The idea is to have roommates who share the cost. If it is a $1500 mortgage, the child would pay $300 and 3 friends would also each pay $300 and the parent pays $300. At the end of four years, or however long, the place is then sold and the father pockets what remains after paying off the mortgage.
By the time a child is 18, many parents have the wherewithal to do this and it’s a low risk investment. It may not make much money in the end, unless you keep the place and continue to rent it to responsible college students, but you basically paid nothing for your child to rent a place over those four years and you might have even made a small profit to offset the cost of education itself.
My son’s school doesn’t have a traditional dorm. They have student apartments. 8 students share a pretty spacious apartment with several bedrooms and a large common area. No cafeteria either. Each student is responsible for his own meals.
Students living in luxury will miss a significant part of student life & growing up.
The dumpy student housing, crazy roommates, & eating beans from a can for breakfast made me a better person.
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