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College and University Discussion
Reply to "Should I just tell DS what we have in his college fund?"
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[quote=Anonymous]+1000 We showed our kids the finances and explained that we would not allow debt for either student or parents - We told DS (with 1400 plus SAT and good grades) that in state would be easy to cover and have money left over (VA for us) and that he could apply to private but with understanding that without merit aid that would not be an option. I also told DS, who was mature enough to understand, that for many professions (I am a lawyer, husband is in public policy, sister in economics), your grad school mattered much more than your college long term in your career, so saving some $ for that, instead of blowing it all on undergrad, was a better plan. [/quote]
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