Originally Posted by HowlerKarma
Do you mean your personal TM? Or just in a general sense?

My wife would be understandably wary. In theory the $240K cost of college is an investment in the future, while $240K just given to a young adult could be blown in many interesting ways.

But articles such as

http://www.newrepublic.com/article/114744/luxification-college-dorms
Granite Countertops, Flat-Screen TVs, Fire Pits: The Surprising Story of How College Dorms Got Luxe
BY INGA SAFFRON
September 18, 2013
New Republic

make me wonder if college has become, for many children and their families, merely a respectable way to blow $240K under the guise of investment.