Reply to Husband wants kids to pay for college tuition

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[quote=Anonymous][quote=Anonymous]Are you sure the money is there and he isn’t trying to convince you not to pay because finances are shady?

Assuming you can afford to pay the whole thing, he’s just morally opposed to it…he’s dumb.

Give your kids parameters (We can afford $xx per year, we will pay for undergrad not grad, we will cover semesters where you get at least a 3.0, whatever) and go with it. You want them to have skin in the game, make them pay for any classes they don’t pass.[/quote]

+1 Have a conversation with your kids about what you can afford. With our kids, we told them early that we could send them to public schools (we’re in Virginia) or provide an equivalent level of support if they decided to go private. Equivalent = COA at W&M because it’s the most expensive public in VA.

We make enough, saved enough, and can cash flow this much for each kid without impacting our own retirement.

OP, is there any money saved for kids’ college costs? If so, do you know where it is and exactly how much? Even if there’s no money saved, are you really saying your kids are going to be expected to cover 100% of the cost of attending college?

Also, this idea of deliberately setting up a situation where your kids struggle sounds like a good way to ensure that you are permanently estranged from your kids. [/quote]

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