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Reply to "Would you pay your kids tuition?"
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[quote=Anonymous][quote=Anonymous]you all have some very valid points. I was raised in a very frugal way with immigrant parents, and while I made it all the way to the top it was very hard for me to learn the value of the dollar. While I wanted them to learn the value of the dollar by having jobs, etc. I paid for private schools, tutors, extra curricular activities, etc. Actually my one twin got an early admit into Harvard. Thing is that they are not as financially adept as I would like them to be. The idea of having to pay some or the full tuition at the end is a great one but I know they will do more than great because they have been wired like that, ave gpa for both is over 4.0. Maybe I will cover the tuition now with your feedback [/quote] OP you can throw them off the deep end when they graduate and get good jobs. Don't give them credit cards after graduation and make them learn to budget what money they make. Lots of us learn finances that way. Student loans are not fun. Also, due to your high salary, your kids won't get any sort of scholarships for low income students they might have gotten. [/quote]
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