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College and University Discussion
Reply to "Should I just tell DS what we have in his college fund?"
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[quote=Anonymous]Yes definitely tell him. If he's going to be responsible for some of the costs, he needs to know what he's getting into. Make sure you emphasize what the monthly loan payment would be post-graduation for an out-of-state school, and a rough estimate of 3 different salaries he could expect. Then add in rent and he can watch as POOF all his money is GONE. That may help drive it home. If he needs help carving out a better niche at UMD, help him see how he could do that. The best part of a big school is that there is always some sort of OTHER culture happening, even if it's not what's displayed on ESPN.[/quote]
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