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College and University Discussion
Reply to "WWYD: Weird Paying for College Situation "
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[quote=Anonymous]Kid (11th grade) inherited $$$ from a childless relative years ago. Now worth $350K plus a $100K education only fund plus an annual payment of $50K for life (starting in a few years). Kid is obv very fortunate. Kid is leaning towards attending state flagship where they are likely to receive 100% free ride. Then kid will use scholarship and other $$$ for grad school if they decide to pursue a grad degree. However, if $$$ were not a factor, kid would prefer several T20 privates over state flagship and would probably ED/REA. (If it matters, kid is strong candidate). We (parents) *could* contribute or pay but doing so would push our retirement back by 1-2 years. WWYD? Offer to pay some? Pay all? Pay none?[/quote]
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