Interesting discussion but quite misleading in a lot of ways. First are we talking about cost to society or cost to the individual parents. We seem to be talking about costs to individual (upper middle class USA) parents since roughly half of the estimated costs are for university education. I won't be definitive here but I don't know of any OECD country where the costs to parents for a university education are a fraction of those indicated for the USA. Certainly here in Canada tuition is roughly 20% of what it is indicated for the US's destructively hierarchical privatized post-secondary educational system. If you also subtract the additional cost of medical insurance for children you are probably looking at roughly half those figures for Canada (or less... Anecdotally we have friends living in the USA, same age, family structures, roughly same status/income... My wife and I over the years have been struck by the different life trajectories that our US friends have had based on their (almost obsessive) concern with first, saving for college for their kids and then ensuring that their children get into the "right" college (in a deeply status and privilege oriented society). The result has been restrictions on job mobility, inability to travel, choices concerning living and housing arrangements etc.etc. Mike
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