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Reply to "S/O What is our obligation as parents regarding college $$$?"
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[quote=Anonymous]At 450k HHI, I would not feel comfortable telling my kid that there's any college, public or private, that I wouldn't pay for. For me it comes from my upbringing where my 100k HHI parents did everything they could to give me as much as they could to help me attend a top private school. (I still had work-study jobs, was a resident advisor, and took out loans.) I can't imagine being in the position where, unlike my parents, I could easily afford to pay for my kids' college of choice but choose not to. But that's anyone's right with their own money. Grad school is trickier for me. We will have the resources to pay for our kids' grad school, but especially at the professional schools (law/business/medicine), the starting jobs upon graduation from good schools are so well compensated that it does give me pause to pay for it. (And I say this as someone who was 100% loan-funded through a full priced law school.) But if we can afford it, it would be hard for me to force a young person to take on debt instead.[/quote]
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