Reply to Do you agree or disagree with this: Parents should pay for undergrad tuition

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
That cannot be the point, because there is a scale here from not giving a crap about education to throwing oneself under a train to help pay tuition. Within that range there are many different reasonable trade-offs that can be made. Everyone here, I believe, values education to a significant extent. But not everyone is going to sacrifice their vacations and cars for the next 20 years so that their children can go to whatever college they please at no cost for themselves.[/quote]

Of course! We are talking spending frivolously and and being reasonable so that you can help your kids achieve their potential.  For example, I might not be able to take my kids to Europe three times before 15 because I choose to put that 10 grand into their education fund.  A camping trip to the rockies might have to do.  I might not buy that Audi and choose to drive my Honda for 5 more years.  I might choose to remodel my kitchen after they graduate, etc.  It's the kind of choices that add up over years.  [/quote]

The one family I know in the area that has point-blank said they have (and are not) putting anything aside for their child's college--the dad didn't go to college and the mom doesn't work and is very materialistic (here-and-now), spend, spend, keep up appearances.  They don't value education and see nothing about missing weeks of school at a time for fancy vacations.  they also figure they will just take loans.  they live in constant credit debt as it is so it prob doesn't bother them. I wouldn't be able to sleep at night.

Education is one of the most important things and took precedence over athletics, vacations, and everything else in my household growing up (and one sibling was a professional athlete--but if he f*ked up in school my parents thought nothing of making him sit out sports).  It is weird to learn (especially in this area) some people don't value education.

What some of the non-savers also don't get....paying for college in 10-15 years isn't going to be like it was when they did it.  The college loan industry has majorly f-d things up and is the reason tuitions are sky-rocketing.  They know kids will take loans and will continue to take the max so they can keep raising rates.  Teh poor f*cks that pay out of pocket have to pay more because of this.  Then these f*cks with their crappy majors from crappy schools dont want to pay back their loans just liked their parents walked away from their houses.  Welcome to America.[/quote]

college tuition will be much less in 15 years than it is today, adjusted for inflation.[/quote]

ahhh..NO. It will be the exact opposite.  Read any well-known economist.  Tuition rates due to student loan rules and what is being done about them..[b].is going to directly rise because of it just like home prices did during the housing bubble.[/b][/quote]

And then the bubble burst... Sure, if your children start college this fall you will have to pay a hefty sum... But if your children are currently in K there is plenty of time for bubble to deflate. [/quote]

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