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Reply to "Husband wants kids to pay for college tuition "
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[quote=Anonymous]Maybe it's DH's way to make sure they won't apply to $60K+ colleges, but will help a little. An immigrant here, so pardon my English. Our DC started NVCC with 30 credits from a DC high school. He is hoping to become a resident by the time he transfers to GMU (cyber security) to get in-state tuition. He got a job in October, has VA DL, bought a car, has a rental agreement, bought his own health insurance, signed up to vote in VA, is building his credit, filed taxes independently and even got a refund. Community college is an easy A. He has been working 30+ hours a week to keep busy and is about to become a server making $40+ an hour. Comes out that he loves to work. Didn't see that coming at all as he had refused to work at age 16-17. Yesterday he worked from 10 am to 1 am with 1-hour lunch break. Thank you, 360. He wouldn't have been happy in a 4-year college doing whatever college kids do together. I'm so glad he knew it. Having the car 24/7, having his own money, and no rules about being back at home, had made such a difference in how he feels about life. Adult life is not on hold for him while in college. It already started. Work, friends, and co-workers are very big part of his life right now. We started a Roth IRA and an investment account already. Starting those early is very important as life has shown. He is not that interested, because he has plenty to keep him busy. I'll deal with investing for him for now. I have paid about $15k in cash since September for the community college and he has $25k in 529.The rest he needs to earn. Seeing a co-worker make $500 in a day while he runs food for $18 an hour, is great motivator. How and how much to pay for college is very personal to each family with so many things to consider. I didn't want to be bothered with DC Tag for example. Changing states seemed like a better option. I also need to be careful with 529 disbursement and DC's independence and taxes. His 529 money may go to his younger sibling after all. I'll make it up to him. [/quote]
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