How much $$ does a college student need each month

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh. Your title is trying to be an abbreviation of "student"...I get it now.

I was also a bit shocked until I saw this comment. Unfortunate title. hehehe

Same. I mean my kid is pretty cool but I wouldn't describe him as a stud. We give him $1000/semester but pay for frat dues separately (required for even moderate studs at southern schools).

Uh - you want OP to spell the word out, but then do the same thing. Is it just that you don't know how to spell fraternity?

[Anonymous]

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Also, FYI, I've hired over 200 college graduates in the last 25 years (consulting), and I would never hire anyone who didn't have paid work experience and only had internships, precisely because I would assume that they overestimated their own abilities in the interview. Like, for example, thinking that they were financially responsible when that only meant they hadn't overspent their allowance.

I am confused by this concept, which seems to be posted frequently. Other than Capitol Hill, most internships for college kids are paid. DC just finished junior year, which is a big year for internships, and NONE of his friends are doing unpaid internships. Some of these internships are in fact quite highly paid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh. Your title is trying to be an abbreviation of "student"...I get it now.

I was also a bit shocked until I saw this comment. Unfortunate title. hehehe

Same. I mean my kid is pretty cool but I wouldn't describe him as a stud. We give him $1000/semester but pay for frat dues separately (required for even moderate studs at southern schools).

Uh - you want OP to spell the word out, but then do the same thing. Is it just that you don't know how to spell fraternity?

Frat dues doesn't have an alternate meaning while college stud does imply something different than college student. Frat is also a common term used for fraternity, while stud is not a common term used for student.

[Anonymous]

Anonymous wrote:damn 100% of the people here spoil their kids.
my parents were piss poor so in high school i worked 40 hours per week, in college i worked 50 hours per week cleaning stores and working like crazy. I did not skip a day and studied all the time. I racked on loans and paid them all of when I graduated within a year. I bet you I learned the real value of the dollar. I really envied my peers because when they went to their frat parties and to have fun, I went to clean stores and bartend. The worst years of my life. Id probably do the same to my kids

What a bizarre mindset. There's a happy medium somewhere.

[Anonymous]

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Anonymous wrote:

Anonymous wrote:My parents provided me with $500 a month after freshman year (when I was no longer eating in the dorms). They also covered rent. I graduated in 2006 so not that long ago. I worked for the rest (work study/tutoring).

What did u need this for? The dates? The condoms? That is much much dollars.

Not really. My DC spends about $300/month on groceries, cooking for himself. If I gave him $500/month, the remaining $200 would go to toiletries and spending money (e.g. movies, the occasional ice cream cone or whatever).

Snicker. I truly hope this is very subtle sarcasm.

[Anonymous]

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Anonymous wrote:If you are already paying tuition, room and board, it is time for Dear Son to get a job.

Exactly.

I think my adult son/daughter would be embarrassed to accept $100+ week from Mommy. He hasn't gotten an allowance since middle school.

How sad for your child that they know they cannot count on you for support. My parents paid for everything. We worked summers and they put the money away and gave us a debit card and credit card. They paid for everything. I have no idea what I spent but it wasn't much and they never complained. Same parents also taught me to set up a Roth and other retirement accounts with my first job..... as a parent I would be embarrassed not to financially support my child if they were in school, especially minors and I was able.

You do realize that 99% of college students are actually adults? Land the helicopter lady. My parents paid for my college tuition and I got a job for 15 hours a week for 'spending money'. Maybe your adult children could stand to learn some responsibility.

You need to land the helicopter. You can financially support your kids as by then they should have been taught financial responsibility. If you haven't taught your kid by then, you have bigger issues. I worked summers and my parents did not agree with me working during the school year, especially given my major required 24 hour a week internships for 3 years.

How do you teach someone financial responsibility by just giving them tons of money to spend?

You start very young and teach them. You set an example of how you live your life. When they are teens, you give them a credit card and teach them to use it responsibly. I spent far less alone than I did with my parents, especially my mom shopping. I never had an issue and we weren't going out to concerts and all that stuff in college. I have always been responsible with money and it was never an issue. If you are starting in college, you failed and its way to late at that point.

Again, SPENDING SOMEONE ELSE'S MONEY isn't "financial responsibility."

Also, FYI, I've hired over 200 college graduates in the last 25 years (consulting), and I would never hire anyone who didn't have paid work experience and only had internships, precisely because I would assume that they overestimated their own abilities in the interview. Like, for example, thinking that they were financially responsible when that only meant they hadn't overspent their allowance.

You do realize that work experience is often only gained through internships. I had both but the paid jobs were basic child care jobs and not career related. You could not get a career related job outside internships. I never had an allowance. My parents taught me to be reasonable. They paid for college and graduate school and my grandparents got me my first car since I needed it for an internship required by the school. With my first job, I saved most of the money in savings and a Roth Ira. Had a nice house downpayment when I needed it. You can assume anything you want but refusing to financially help your kids isn't always the best way to go about it. My parents taught me early about money, how to save and how to spend it. Its never been an issue.

Uhh, I AM helping my children financially. I'm paying thousands and thousands of dollars for their college tuition, room, and board. Just because I'm not sending them an envelope of cash every month for extras like movies and Starbucks doesn't mean I'm "refusing to financially help" my kids.. What a bizzare-o world you live if you think that's the case.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My parents provided me with $500 a month after freshman year (when I was no longer eating in the dorms). They also covered rent. I graduated in 2006 so not that long ago. I worked for the rest (work study/tutoring).

What did u need this for? The dates? The condoms? That is much much dollars.

Not really. My DC spends about $300/month on groceries, cooking for himself. If I gave him $500/month, the remaining $200 would go to toiletries and spending money (e.g. movies, the occasional ice cream cone or whatever).

Snicker. I truly hope this is very subtle sarcasm.

LOL I laughed too. Your son is spending $50/week on "movies" and "ice cream"...sure, Mom.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My parents provided me with $500 a month after freshman year (when I was no longer eating in the dorms). They also covered rent. I graduated in 2006 so not that long ago. I worked for the rest (work study/tutoring).

What did u need this for? The dates? The condoms? That is much much dollars.

Not really. My DC spends about $300/month on groceries, cooking for himself. If I gave him $500/month, the remaining $200 would go to toiletries and spending money (e.g. movies, the occasional ice cream cone or whatever).

Snicker. I truly hope this is very subtle sarcasm.

LOL I laughed too. Your son is spending $50/week on "movies" and "ice cream"...sure, Mom.

That's what sucks about having a son. I never paid for alcohol in college. Easy enough to get for free.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My parents provided me with $500 a month after freshman year (when I was no longer eating in the dorms). They also covered rent. I graduated in 2006 so not that long ago. I worked for the rest (work study/tutoring).

What did u need this for? The dates? The condoms? That is much much dollars.

Not really. My DC spends about $300/month on groceries, cooking for himself. If I gave him $500/month, the remaining $200 would go to toiletries and spending money (e.g. movies, the occasional ice cream cone or whatever).

Snicker. I truly hope this is very subtle sarcasm.

LOL I laughed too. Your son is spending $50/week on "movies" and "ice cream"...sure, Mom.

Not every college stud drinks

[Anonymous]

My parents paid my tuition, books, room and board. I remember feeling incredibly proud of myself for being able to pay all my own bills using the money I earned through my work study job at the dining hall. I felt grown up and responsible. My parents would have given me money if I asked, but I knew that would have meant my mom sacrificing by giving up new clothes, haircuts, etc, plus I still had younger siblings at home.

[Anonymous]

At my Ivy I'd estimate that 30% of my graduating class (2009) carried the family Amex. My freshman roommate had her father's black card number memorized and he couldn't care less. How do you think these kids afford lavish spring breaks and random trips to music festivals. For the amount of money that gets talked about on this forum, people sure don't seem to have a clue how those who make that kind of money live.

[Anonymous]

Anonymous wrote:At my Ivy I'd estimate that 30% of my graduating class (2009) carried the family Amex. My freshman roommate had her father's black card number memorized and he couldn't care less. How do you think these kids afford lavish spring breaks and random trips to music festivals. For the amount of money that gets talked about on this forum, people sure don't seem to have a clue how those who make that kind of money live.

Newsflash, we're not talking about stockbrokers that clear $10 million a year plus bonuses. If you're living in fucking Mclean and struggling to pay a $850,000 mortgage you can tell your spoiled brats to pay their own expenses.

[Anonymous]

Anonymous wrote:At my Ivy I'd estimate that 30% of my graduating class (2009) carried the family Amex. My freshman roommate had her father's black card number memorized and he couldn't care less. How do you think these kids afford lavish spring breaks and random trips to music festivals. For the amount of money that gets talked about on this forum, people sure don't seem to have a clue how those who make that kind of money live.

Believe me, most of us have a clue. We just have absolutely no desire whatsoever to raise our kids that way.

[Anonymous]

Our kids have a family Amex on which to charge books, haircuts, and necessities (visits to health center for illness, school supplies, necessary clothing). Anything else (meals off-campus, stuff they want from Amazon or from the bookstore, concerts, etc.) comes from their own money, which they either earned or were given as a gift.

[Anonymous]

Anonymous wrote:

Anonymous wrote:At my Ivy I'd estimate that 30% of my graduating class (2009) carried the family Amex. My freshman roommate had her father's black card number memorized and he couldn't care less. How do you think these kids afford lavish spring breaks and random trips to music festivals. For the amount of money that gets talked about on this forum, people sure don't seem to have a clue how those who make that kind of money live.

Believe me, most of us have a clue. We just have absolutely no desire whatsoever to raise our kids that way.

More like you absolutely don't have the money to raise your kids that way. Enough with the moralizing.