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College and University Discussion
Reply to "How to get my dad to factor in cost of attending?"
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[quote=Anonymous]If you tell your kids cost doesn't matter, they're not going to restrict themselves. Sit down with your DD and have a serious conversation about what you can afford. Walk her through the scenarios of graduating debt free or with debt, and explain to her whether you will take on additional debt for her. My kids know we won't take on debt for college degrees, so they're limited to what we've saved, what we can pay out of current income, what they've saved, what they can pay out of current income, and what debt they will take on. We strongly recommend they take on no debt, but we don't prevent them.[/quote]
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