Harvard University
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Every year, parents spend a small fortune on their high school children. From private or boarding school tuition to private tutoring, extracurricular activities, summer programs, and private college admission consultants, parents regularly shell out six figures per year on education-related costs. The goal of all of these expenditures? To get their child into a top college.
These expenses may seem outlandish—but the investment is not just for the sake of prestige. While top schools like Harvard, Princeton, and Columbia are synonymous with selectivity and rigor, their real value extends far beyond name recognition. The long-term financial benefits of attending an Ivy League or other top school are significant, offering students opportunities for social mobility, career success, and the establishment of generational wealth. Additionally, though many families…