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College and University Discussion
Reply to "Giving your kids cash in lieu of tuition for $$ schools"
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[quote=Anonymous]My parents did this and it was motivating and made me smarter about choosing a school. They proposed an annual college “budget” that was maybe 15 to 20 percent lower than the priciest privates. If my college expenses were under budget for a given year, I got half the difference in cash. If over budget, it was a low interest loan from them. I graduated with a small nest egg for starting out that was invaluable.[/quote]
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