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Reply to "Did your parents (step or otherwise) pay for your college? Will you pay for your kids?"
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[quote=Anonymous]My parents paid fully for my twin sister and me to go to a private college, which at the time was $25k a year per student. They also lent us money interest-free for grad school; we paid them back very shortly after graduation. DH's parents paid nothing, though they'd paid fully for one of his older brothers. In order to pay, DH worked full time at Walmart and as a result, didn't make any friends at college. He is still saddled with a lot of student loans because he went to a private school freshmen year, transferred to a public one his 2nd year but then almost flunked out and then transferred back to the old private school for the remainder. He also went to GW for grad school whereas my grad school was public. We intend to pay as much as we can for our kids, but as someone said, not at the expense of our retirement. We are faced with the coming prospect of having to support MIL and it's becoming clearer what a financial burden that is. [/quote]
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