Reply to Parent expecting me to pay back parent plus loan

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[quote=Anonymous][quote=Anonymous]We have very good family friends from Montgomery County where the parents took out massive loans so the kids could attend private schools. The parents are struggling to pay the loans back, literally hurting their retirement while the kids have good jobs and are making plenty of money without student loans. Yet the parents feel the continued obligation to do this. It saddens and sickens me.  They had always felt that their kids should be able to attend any college they wished regardless of expense. It’s ridiculous.[/quote]

They should have saved PRIOR to college. The thing is that most of these families make so much that the kids can't get need based scholarships, but then the parents also don't save so kids get stuck.

I personally don't think 20 somethings should be saddled with student loans and am glad my parents agreed. We were able to buy a sfh, get married and start having children at 30. None of which would have been possible if I had student loans. We hope to also send our 3 kids to college without student loans. If I have to work a few more years, that's fine.[/quote]

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