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[quote=Anonymous][quote=Anonymous]Make your kid take out a loan it’s not the end of the world. I graduated with 30k in debt because my parents didn’t have enough to pay for all of us, only about 70% of everything. I paid it off in under 3 years.[/quote] Same. I graduated in 2001, had 37K of student debt, and paid it off in about 5 years. The interest rates were so low, so it was kind of foolish of me to do that. At the time, however, I was glad to be rid of the debt. I want my kids to make informed choices but ultimately their school is their choice. If they need/want to take on some debt, they know they can always live at home for awhile after college to save money. [/quote]
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