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Reply to "People with kids in college or professional/grad school: Which expenses do you pay for? "
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[quote=Anonymous]DD is in a prestigious grad program, fully paid by the school. She has to teach, but that's how she earns her stipend. I do pay for her expenses to travel home. I never want her to say she doesn't have enough money to come home. Also, I pay for some medical expenses that are not covered by her thin health insurance provided by the school. About a thousand dollars a year. I don't want her to skimp on her health at all, so I pay for these minor things. Other than that, she's completely on her own. I help her with her budget when she asks, which she does because managing money is new to her still, and I offer advice when she wants it for pretty much anything she needs help managing. But she pays. She has to live on her subsistence stipend. No free car from me, no travel. I do tell her that if she wants something for her apartment, she can ask me to give her something from our house. And she can ask for things she wants -- new shoes, clothes, etc. -- for birthdays and Christmas. So, yes, she's getting a little subsidized, but not a lot. We did give her furniture from our house for her first (shared) grad school apartment. But we have too much furniture, so that was fine with me. I gave her stuff to set up the apartment (nothing new, just stuff from our house). I want her to be responsible, to understand how difficult it is to earn a living, but I don't want her to be miserable while she works on her graduate degree, which is really, really hard. [/quote]
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