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[quote=Anonymous][quote=Anonymous]
I signed the FAFSA and told my kid two things:

1) I won’t stand in your way of applying and I will sign the FAFSA so you can be considered for aid, but I will not pay any gap between in-state VA and out-of-state Public.

2) I will similarly not sign a parent plus loan unless extremely limited circumstances occur like getting into an exclusive program at an elite university that puts you on track for a high-paying career. This is because [b]I love you and don’t want you taking on debt without a very secure path to pay it off quickly[/b]. I also will not leverage my future as I approach retirement because [b]I don’t want to be a financial burden on you as you start out your own life.
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3)[b] I have your in-state tuition covered [/b]with a prepaid plan. Please value that. [/quote]

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This strikes me as very sound -- even wise. This poster is up-front and very clear about what he will and won't do. He has college covered and is also making sure to give his child the gift of not having to worry about his financial future. And it leaves their child free to make their own choices within a specified framework.

I wish my ex had been so clear. (He came around... But for a long time neither I nor my kids knew where he stood as far as paying for college went.)

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