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Parenting -- Special Concerns
Reply to "Divorce and college costs"
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[quote=Anonymous]Your child will be an adult when he goes to college, right? And your custody agreement presumably ends at 18 or HS graduation? If so: I would tell your child “I can afford to give you $XX” for college, and leave it at that. Your child can have the same discussion with Dad, and then choose colleges based on that. I would talk to your kid about the pros and cons of different options (loans, cheaper schools, merit scholarships, ROTC, getting a job), but ultimately leave the decision up to them. It gives your kid skin in the game to make a choice based on reality. Your ex may increase his contribution if it’s between him and his child. Or he won’t, but that’s no longer your problem. This is the first of many money conversations that your kid will need to have (or not have) with his dad as an adult.[/quote]
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