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Reply to "Why pay all of kids' college?"
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[quote=Anonymous]I haven’t read this whole thread but we are definately planning on paying for all education with college and if DS wants to continue on post bachelors that too. Giving our child the gift of being debt free starting out in life after studies will enable him to save much more money and much faster towards attaining financial security. He won’t need to delay big things like marriage, kids, etc… due to debt burden. But we are lucky because we are able to fully fund retirement and do above. It’s also easier because we only have 1 child. If you have the means to help your child be debt free when starting out in life, I don’t get why you wouldn’t. Talk to all the young people in this area who had debt and loans and couldn’t afford to save for down payment for a house and then got locked out of what they wanted due to rising housing costs.[/quote]
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