friday, september 10, 2010
Style ABCDE C S GALLERIES
Sweet September Our best bets: a new Touchstone just like the old one, and Rebecca Key’s “Archetype” at Transformer. C8
“ by Sarah Kaufman A
cross the region and around the country, par- ents are kissing their college-bound kids — and potentially up to $200,000 in tuition, room and board — goodbye.
Especially in the supremely well-educated
Washington area, this is expected. It’s a rite of passage, part of an orderly progression toward success. Or is it . . . herd mentality? Hear this, high achievers: If you crunch the numbers,
some experts say, college is a bad investment. “You’ve been fooled into thinking there’s no other way
for my kid to get a job . . . or learn critical thinking or make social connections,” hedge fund manager James Al- tucher says.
Altucher, president of Formula Capital, says he sees people making bad investment decisions all the time — and one of them is paying for college. College is overrated, he says: In most cases, what you
get out of it is not worth the money, and there are cheaper and better ways to get an education. Altucher says he’s not planning to send his two daughters to college. “My plan is to encourage them to pursue a dream, at least initially,” Altucher, 42, says. “Travel or do something
But from an artistic perspective, Big Boi is at the top of his game.”
— Aaron Leitko, at the 9:30 Club C2 MUSEUMS
A wider reach? The Museum of the Confederacy will break ground in Appomattox. Its aim: to broaden its audience. C4
THE RELIABLE SOURCE
‘Baby Love’ MSNBC’s Norah O’Donnell publishes a do-it-yourself baby food cookbook. C2
3@washingtonpost.com/discussions Carolyn Hax tackles your problems Noon • Lisa de Moraes answers your questions about the world of TV 1 p.m. • “Real Housewives of D.C.” chat 1 p.m. Is college overrated?
Some families turn away from higher education in favor of real-life lessons
creative or start a business. . . . Whether they succeed or fail, it’ll be an interesting life experience. They’ll meet people, they’ll learn the value of money.” Certainly, you’d be forgiven for thinking this argument reeks of elitism. After all, Altucher is an Ivy Leaguer. He’s rolling in dough. Easy for him to pooh-pooh the status quo.
But, it turns out, his anti-college ideas stem from per-
sonal experience. After his first year at Cornell University, Altucher says his parents lost money and couldn’t afford tuition. So he paid his own way, working 60 hours a week delivering pizza and tutoring, on top of his course load. He left Cornell thousands of dollars in debt. He also left with a degree in computer science. But it took failing at several investment schemes, losing large sums of money
education continued on C3
PHOTO ILLUSTRATION BY ALLISON GHAMAN/THE WASHINGTON POST FASHION FNO’s glitz, as big as ever, brings no guarantees
For second year, industry calls on consumers to buy buy buy
by Robin Givhan On Friday evening, the fashion indus-
try unleashes its formal plea to the world’s consumers to shop like it’s 1985 . . . or thereabout. Your underwater mortgage and the rickety job market be damned! Fashion’s Night Out, born last year
out of the depths of the recession when retailers were just one unnerving con- sumer-confidence report away from public wailing and rending of gar- ments, has exploded into a multi-day gorge-fest of special guest appearances in boutiques large and small, celebrity bingo, hipster DJs, indie bands, a mass runway show at Lincoln Center, a tele- vised documentary on CBS and enough cocktail parties to pickle every liver from New York to Los Angeles, London to Milan. Like everything else that the fashion
industry does — until it learns better — FNO promises to be bigger, glitzier and
ORIGIN: Fashion’s Night Out is the brainchild of Vogue chief Anna Wintour.
more ostentatious than before. Last summer, stores in Washington’s 14th Street and U Street corridors quietly participated with extended hours. This year, Georgetown has gone into over- drive — planning parties, a Vitamin Water lounge, Cirque du Soleil per- formances and as much breathless en- thusiasm as can fit on M Street and Wisconsin Avenue. The brainchild of Vogue’s Anna Win-
tour, FNO was conceived as way to gin up excitement about the upcoming shopping season. Times were desper-
fashion continued on C7 Follow Washington Post fashion critic Robin Givhan as she covers the spring fashion shows in New York, Milan and Paris. Go to
washingtonpost.com/style.
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Cirque du Soleil, serving ‘Ovo’
over easy Page C8 BRYAN BEDDER/GETTY IMAGES FOR CONDE NAST GLAM GALORE: Tuesday’s runway show at Lincoln Center in New York is just one part of the Fashion’s Night Out extravaganza. by Nelson Pressley Theater review:
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