Reply to S/O What is our obligation as parents regarding college $$$?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]At 450K, you will be expected to be full pay no matter where your child attends. You don’t determine your obligation. A combination of the federal government and college financial aid offices do. You can pay with cash, savings, or private loans, but you will be expected to pay. No emotions accepted.[/quote]

Um, I absolutely get to determine how to spend my money.  Sorry if the word "obligation" threw you off.  We all place value on different things and to different degrees.  Some parents do not feel obligated to pay for a secondary education...and they don't.  Some parents feel like their greatest obligation as a parent is to provide the "best" education their child can get up to and including graduate school.  And presumably many degrees in between (community college, in state, not room and board, not a liberal arts school, etc. etc.)  I'm asking what this board thinks about that.[/quote]

I think its sad at your income and your lifestyle, that this is even a question.  We have 1/3 your income and will pay for a state school and graduate school, more if we can.  If we had your income we'd fully pay for any school and the only catch is they need a major that will leave to a job, not a fun major.  At a minimum we will pay tuition, room and board.  I hope we can do a private if that's where they want to go but I see mine happy at our state school.  Best is subjective as best isn't necessarily a private school.  I went to both for college and much happier at the public school.  But, at that income level why would you pay for a 4 year school and 2-3 years of graduate school.  Is your million+ dollar house, fancy cars and vacations more important than making sure your kids [b]get a good start to life?[/b][/quote]

So I'll cut through the attacks on me here, and focus on something you wrote that I think is interesting. I think there are valid differences of opinion on what count as "a good start in life."  I absolutely think education is important.  But "what success looks like" for my kids from my perspective is not tied to earning potential (beyond a certain floor, of course) or social stature.  I believe that a stable home, an upbringing with lots of enriching experiences and a good dose of learning independence and responsibility, and four years of paid education at a really good state school is a good start in life.[/quote]

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