Got it, you are selfish. |
I guess my own parents were selfish, as they retired early in their 50s and 60s from their lower middle class jobs- (factory line, clerk, etc.), rather than keep going till they were in their 70s to pay for my school in fully? I'll let them know that. |
And you are an entitled Gen Z who expects your parents to work into their seventies to support your multiple useless master's degrees. |
Troll. Fully paying undergrad more than discharges our obligation to our children. |
Great...when you pay for your kid to get an MBA or law degree from a 2nd rate school or you pay for a PhD that is worthless...and then they return to live at home and/or remain under-employed for life and sucking you dry for $$$s...well good luck. Strange that you would brag about getting a masters in order to attain a MC life. |
***It depends on your finances, the potential financial aid and the amount of loans you take on*** We cannot discuss this in a vacuum. For our situation, we refuse to take on loans. Paying out of invested assets and tightening belt a little. Merit aid but not financial aid. |
Wrong and we will work much later to pay for it. |
Nothing wrong with a Mc life and yes, I hope they live with me to save money post graduation. |
Not when you can afford more. You are the troll. Selfish one at that. |
Cool. I'll be selfishly enjoying my twilight years traveling, skiing, hiking, golfing, and doing all the things I have left on my bucket list while I'm still fit and healthy. After decades of raising kids, working, and putting them through school, I'm good with that. Moreover, supporting adults after a fully paid-off undergraduate education is enabling, and it might l come back and bite you. My kid may take out $300k in medical school loans like on the other thread, and your kid can use their high income and no debt load to help her pay off her loans when they get married. If you want to work into your seventies to pay for your adult children's master's degrees, I will try my best not to feel sorry for you while I'm finally hiking in Milford Sound. |
I know a few people like this. It’s really pathetic. |
I haven’t read this whole thread but we are definately planning on paying for all education with college and if DS wants to continue on post bachelors that too.
Giving our child the gift of being debt free starting out in life after studies will enable him to save much more money and much faster towards attaining financial security. He won’t need to delay big things like marriage, kids, etc… due to debt burden. But we are lucky because we are able to fully fund retirement and do above. It’s also easier because we only have 1 child. If you have the means to help your child be debt free when starting out in life, I don’t get why you wouldn’t. Talk to all the young people in this area who had debt and loans and couldn’t afford to save for down payment for a house and then got locked out of what they wanted due to rising housing costs. |
Just realized when you never have grandchildren that this is why and keep your mouth shut. |
I don’t have a masters and don’t wish I got one. I lead hundreds of people, many of which have masters and PhDs. They wish they had my position. What I learned is that those grad and postgrad degrees are mostly useless. They don’t determine how successful you’ll be and how much you earn. |
They could never borrow the full amount in federal loans. |