Reply to Agreement regarding college expenses?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My ex is paying for the equivalent of in-state tuition for our two children for a total of four years each, provided they keep above a "C" average.  In exchange, I let go of all my rights to his pension and retirement accounts.  Plenty of people said that I was crazy, but I knew what I wanted for my kids.  [/quote]

Thanks PP. My ex doesn't want anything in writing. I'm also giving up a lot for it, but I know this is mandatory. Was he unwilling to pay more than state tuition (eg private school).[/quote]

Yes, he was unwilling to pay more than the average state tuition rate (I think we agreed on the going rate for full time tuition at UVA as the standard) but I was fine with that.  If the kids want to go to a private school they can get scholarships and such.

As for the others saying college is between the parent and the child, yes, you're clearly correct.  However in divorce/settlement agreements, it's all negotiable I think.  I knew that I didn't want my children to have to worry about how to pay for college.  I paid for my college education 100% on my own but it lead to a whole bunch of issues, including an early marriage and significant student loan debt I'm still dealing with as a now single parent.  I did not want my children to have to be in the same situation I'd found myself in, so I agreed to not go after any of his retirement (which was/is a significant amount) if he agreed to college tuition.  Seemed like a fair agreement to me, considering what I wanted for the kids. We'll see how it all works out. They won't be in college for another 8+ years. [/quote]

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