Reply to S/O What is our obligation as parents regarding college $$$?

Forum Index » Family Relationships

Reply to "S/O What is our obligation as parents regarding college $$$?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you aren’t going to spend your money on your kids educations, what will you spend your money on that could possibly be more important?[/quote]
NP. I’m not playing unless you answer this fundamental question about what two parents who have a $450,000 income think is a more important expenditure than any college education your kids are able to obtain.  Assuming you have retirement savings well under way and are not drug addicts (?) what do you consider a better use of your money?[/quote]

Why should someone substantially overpay for a similar outcome just because they make a lot of money? If my kid gets into Yale, that's one thing. If we're talking about paying $50K+ for somewhere like GW or AU when you could go to UMD in state, I don't think it's worth it. Save the money and give the $120K difference to your kid for a downpayment.

Not OP, by the way. [/quote]

OP made it clear they are not paying for Yale, despite the $450,000 income. I agree 100% that it’s silly to pick a random private over UMD, which is an outstanding state flagship, especially for STEM. I’ll admit that I’m assuming OP has values I don’t respect, based on the comment re tithing 10% of income for religion. That’s a bit more defensible than paying that money for drugs, but I have no use for rich people who stint on their kids’ college education. DH and I were motivated to work hard and earn a lot primarily to help give our kids a future that we are extraordinarily lucky to have achieved, and I cannot imagine a similarly wealthy person viewing payment for a great college as something they are not willing to fund. [/quote]

Not everyone thinks like you. You sound jealous.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics