I think there are studies that paying for education, specifically advanced education, and giving your child money for their first home downpayment are the biggest propellants towards wealth a parent can give their kid
Once a family has achieved enough wealth to do the above 2, then future generations almost certainly will also have the ability. That's how generational wealth remains. Debt is a wealth killer
@NalawAndButtorts: idk flip a coin lol those are both great schools! I can think of one metric where CLS has chi beat hahaha the median salary for CLS is 20k higher than chi! I would do the basics! Visit both and talk to alumni! Cultures are difference, Columbia is larger! Congratulations on all your hard work!