Putting Kids to the Test

Putting Kids to the Test

Putting Kids to the Test

by Elizabeth Bowden-David

This past week, my father-in-law called up my husband to give him an earnest admonition. Referring to Cicero, he said: “Understand that is it your duty to give your children a better education than you had.” I’m not sure what prompted him to remind us of this truth right then, but perhaps he had caught a whiff of the Exam Fever that sweeps through south India around this time each year.

Call it February Frenzy or March Madness, this is the season when students in my adopted hometown of Bangalore hunker down more than ever with their books. (April and May are the region’s hottest months, so most schools conclude the academic term before then.) The amazing thing is, the whole community seems to hunker down too. Consider these examples:

• At my sons’ cricket academy, coaches have put away their bats and balls until April, so as not to interfere with exam season.

• At our neighborhood talent show a week ago, a ponytailed teen dazzled the crowd with a vibrant Bollywood dance number-but before she could collect her first-prize certificate, her parents and other audience members shooed her back home to study.

• At the restaurant my husband and I own, a patron who lives within walking distance came in at dinnertime but didn’t want his son to squander time with the ordering process. The father waited for their burritos to reach the table and then telephoned the boy to walk over, all because that 15 minute was too precious to waste.
To be sure, such an exam-heavy approach to learning has both drawbacks and merits, which I’ll refrain from delving into a discussion of here. What I do, however, find extraordinary is the environment of support and high expectations I see around me. Many parents will stop at almost nothing to help their children excel academically. This truism of aspiration cuts across economic strata, even when the costs-literally and figuratively-are questionable. Just today, I interacted with a low-income father who commits 60 percent of his annual income to elementary school fees, stretching his monthly budget to the brink in hopes of giving his children a leg up in life. In an even more desperate example, a single mother I know left her children in the care of church members and a boarding school so she could find work as a maid in Bangalore; once a year she visits them in their rural village, and every month she wires off nearly 80 percent of her salary to support their schooling. It’s not always clear whether the sacrifices, particularly the extreme ones, are worth it-but the point is that for many groups in India, virtually nothing rivals education in importance.

Of special interest to me, as an American, is the phenomenon of Indians heading to my home country for undergraduate and graduate studies. By some estimates, nearly 100,000 Indian-born students enrolled at universities in the US last year; only China sends more. While there are various factors at play, one is certainly the attraction of the American Dream. Local newspapers regularly celebrate the likes of PepsiCo CEO Indra Nooyi, new Microsoft CEO Satya Nadella, alternative medicine guru Deepak Chopra, and countless other Indian-born individuals who have achieved tremendous success in the States. Going west to study is a tantalizing proposition-bittersweet as it may be for parents to send a daughter or son 9,000 miles away, knowing that the move may be permanent.

I live in a tiny, tight-knit neighborhood where three teenagers, all of whom have attended different private high schools, have recently reached college age. Among the three of them, they have collected letters of admission from an astonishing range of some of America’s top universities: MIT, Duke, Berkeley, Georgia Tech, Michigan, Cal Tech, and the University of Chicago. It’s fair to say that the intense work by these youngsters, supported by parents and community members, has positioned them to excel in academic life in the US. Should they choose to stay, it’s easy to imagine them creating their own interpretations of the American Dream and, in doing so, making meaningful contributions.

It is a source of constant wonder to me that the country I’m living in now creates such leaders and influencers in the country I come from. As for the students down the street who will spend the coming years on some of America’s most sought-after campuses, I’ll continue to watch with keen interest, as well as with the highest hopes.

Elizabeth Bowden-David, a native of Alabama, is a graduate of Thunderbird and co-owner of Habanero, Bangalore’s first Tex-Mex restaurant chain (http://www.habanero.in).

 

We hope you found this article about “Putting Kids to the Test” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or website www.GROCO.com.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Chris Kowalik: Simplifying Retirement Education

In this episode of American Dreams, we sit down with Chris Kowalik, founder and CEO of ProFeds, to discuss her inspiring journey from serving as a Marine Corps Arabic linguist to becoming a leader in retirement education for federal employees. Chris shares her insights on simplifying complex government benefits, empowering federal workers to make informed…

Happy Holidays 2024!

Happy Holidays 2024!

Happy Holidays 2024!  As the holiday season approaches, on behalf of Alan Olsen, we at GROCO, Legacy Builders, and the American Dreams show want to take a moment to express our heartfelt gratitude to you—our valued friends, clients, partners, and subscribers. This time of year offers a unique opportunity to reflect on the moments that…

Kal Mentak

Dr. Kal Mentak: Eliminating Preventable Blindness

Dr. Kal Mentak: Eliminating Preventable Blindness This week we sit down with the Dr. Khalid “Kal” Mentak, a visionary in global eye care innovation. With over 45 technology patents and groundbreaking contributions to cataract surgery and ocular implant technologies, Dr. Mentak’s work has transformed lives worldwide. Now Dr. Mentak is spearheading a global humanitarian effort…

Bob Haney

Bob Haney, Creator of Heavenly Waffles   Interview Transcript: Alan Olsen This is Alan Olsen, and welcome to American dreams. My guest today is Bob Haney. Actually, I should correct that the chef Bob Haney, he is the founder and the creator of Heavenly Waffles. Bob, welcome to today’s show. Bob Haney Alan, thanks so much…