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[quote=Anonymous][quote=Anonymous]Sounds like you are looking at a $10k gap in the first year, likely going up somewhat each year after that. If he really wants that school, I would...

Have him take out the federal student loans, $5500 per year, slightly more each year after that.
Start working NOW to save the money to contribute to the cost. There is no reason he can't earn $5K plus in a part time job during the school year + working 30+ hrs/week during summers.

[b]If he's not willing to hustle to find a job now I would not support the more expensive school.[/b][/quote]

+1 he needs to feel the impact of the choice NOW. Not some future debt that he won't really be able to understand. The basic federal student loans are not an unreasonable amount.

But if you do this you have to stick to your guns and not bail him out if he fails to earn the money he needs for his part of the payment. If that means he has to go to CC for a year because he didn't meet the commitment, then that's what does.[/quote]

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