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[quote=Anonymous][quote=Anonymous]DS is a freshman at his top choice, costing $92k/year. It’s a very good school and we’re happy he’s there. He knew from the start we could only contribute $72k each year and he’d have to work for the rest and take loans. He knew this and was nervous about it but went ahead. Now that he’s at school he seems to feel duped. He has only met full ride kids who don’t pay a dime, or wealthy kids who don’t have to work or borrow. All of those kids have more money and time than him to go out, get take out, shop. His low income fullride roommate gets Starbucks and takeout every day. He feels really upset that we as parents somehow failed him because we can “afford” to pay the whole bill but don’t. (Of course we can’t afford to pay the full bill without compromising our retirement or tightening our belts to the point of absurdity. We already live frugally). We are going to have a serious chat with him about this but has anyone been in this situation? Any advice? [/quote]

Having access to a $92k per year higher education, and having parents who are able to contribute $72k per year – that's higher than average household income pre-tax in the U.S. – make your DS among the luckiest on this planet. He should stop complaining.

Kids over 18 can't claim they are adults and demand their independence while whining about not getting enough allowance from their parents for Starbucks. Don't crave on your planned serious chat; you are great parents and have done nothing wrong, but sometimes being too lenient on bad behaviors like this can hurt him long term. He does not seem clear on right from wrong; you need to steer him back. [/quote]

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