Reply to Am I a huge jerk if I don't save for college for my kid?

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Reply to "Am I a huge jerk if I don't save for college for my kid?"

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[quote=Anonymous]Also depends on what kind of parent you are.
If you just decide to slow down now at the ripe age of 40 and perhaps 10 years from now, your child ends up being a really focused, gracious, and promising student who gets accepted at a spectacular school with great opportunities but no scholarship, and you say, well junior, we can only afford half of your college. Junior, you'll have to take a loan and good luck getting out of college with debt, and oh, by the way, there is no space in our downsized house for you to move back into while you are paying all those loans back.

Or, 10 years from now, you decide, wow, I am going to have to work double time now that I'm age 50 because I don't want my kid to be in debt when he gets out of college.

No one here can really tell you if you are a huge jerk or not. It all depends on how you will approach future scenarios.

If your kid turns out to be no-good, scum sucking, and entitled, you won't feel so much like a jerk for going full throttle in your 40s. 
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