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College and University Discussion
Reply to "What did you do about ‘fairness’ if one child’s education costs a lot more than the other’s?"
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[quote=Anonymous]We had pretty equal college savings for both, and enough in both accounts to fund 4 years at private. Both kids knew this. They also knew that this was theirs to spend but only after they got a degree, ie no dropping out and partying on it. One kid went to a T10 private and has an impressive STEM degree and a fantastic job and is building up savings. The other went to a not highly ranked state public with a scholarship and graduated with a business degree plus a couple $100Ks and is now investing it. So we were as fair as we could be and got two very different, but IMO successful outcomes. BTW lest you think this is family/trust money, both my spouse and I were career feds. [/quote]
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