just a thought

in econ class we talked about pay as you go systems - like social security, where the young put in and the old take out,and as the young age they can expect to benefit from SS later in life. well in education, you have reverse pay as you go systems, where the old put in and the young benefit. well in this case there's market failure - because parents put money into their kids education
, but dont really benefit - its the kids that benefit. so this case suggests that parents shouldnt be investing in their kids education from an economic standpoint because they dont get returns, just their kids benefit.

anyway, i guess im thinkin abou tthis because i was just talking to my jigga, who talked about taking care of his family. i was thinking bout how parents rarely get any rate of return after all their investment in their kids. thinking about my family, thinkingn about all the kids in my family...about who would be taking care of my parents..the eldest is doing well, but it's a matter of how much he will be spending on his future family if you know what i mean...my sister is still figuring things out for herself...the other brother, school just isnt working out well for himand he's working part time...anyway, trying to be ambiguous about what i'mt ring tosay because i dont know who will be reading this, i want to be a rich insofar as i can give my parents everything they want. haha. i guess that was anticlimatic. whatevers. anywho, time for bed. goodnight.