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Reply to "Would you pay your kids tuition?"
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[quote=Anonymous][quote=Anonymous]I paid zero dollars for undergrad. I got a 3.8 at a SLAC and got into law school. I manage money well. Money management skills, and a good relationship with money, comes from a lifetime of lessons. Not a single move re: paying for college.[/quote] Same here, although I got an MBA. I paid for the MBA but my parents paid for college. I have been very successful. Similarly we've paid our kids full tuition and extras and both kids have very good money management skills and work hard. Both kids have worked summers in high school and college - not always for pay in high school but definitely for pay in college. One is out now, got a job quickly and is self supporting. OP you need to pay for college but you also need to start teaching your children about money management. If they are spoiled that's on you, not on them. They don't need to work during the school year, but they should definitely work in the summer, starting this summer. [/quote]
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