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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why parent's shouldn't just pay for college.  Let your kid take a loan and make the decisions THEY want to make.  You can always set conditions under which you'll be happy to help them pay off the loan.

Let the kid have some skin in the game.[/quote]

This is what we're doing.

We can easily write a check for DC's college tuition, but we're not.  We'll write the big check after graduation to pay off the student loan all at once.  MY DH's parents did this for him and his siblings and he feels it made them better students and made them take college more seriously.  He still had fun, don't get me wrong, as I met him in college at one of those 'fun' events, but it made him have more personal accountability.

Another stipulation was that classes/credits that earned a C or below were not eligible for payoff.  This was to ensure that they still didn't just blow off classes because they knew mommy & daddy were going to eventually foot the bill upon graduation.  We're continuing that rule as well, which works because DC's program of study only allows C grades Freshmen & Sophomore year to count towards graduation; Junior & Senior year class grades, which are much more specialized in their major of study, cannot be a C in most.   [/quote]

Great idea[/quote]

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