Reply to Financial Aid --- can anyone get unsubsidized federal loans? Kid's contribution to college costs?

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[quote=Anonymous]It is downright stupid to make kids pay for college. I say this as my wife and I had parents who did not pay at all.

My issue was I worked a lot in HS. I had a 20 hour a week job starting at 16 and impacted my grades.

Then in college I literally could only attend a college within 20 miles of my home and the best price. Remember I had a 18 year old car with 150,000 miles on it. I paid myself. Then during college my grades suffered which impacted my starting salary greatly.

My two daughter I told them do not work in HS unless the summer and focus on grades. I was willing to pay up to $35k a year for school so focus on merit money if want to go out of state or private. 
Both went OOS state university’s. Both got partial merit money. I mean for example Delaware gave my daughter a 16k a year scholarship. That is 64k off over 4 years.

And also my daughters do work full time in summer and winter break. My senior daughter even has a 15 hour a week paid internship. I don’t touch that money. I see their savings account. Both my daughters are saving up for an apartment, cars, bills post grad.

That said my older senior  daughter already has a signed job offer at a Fortune 500 FinTech at their headquarters. She interned there.

Thanks hated the burden my parents gave me that put me in a hole till 30!! My wife has same deal.

Even though I graduated debt free going to a second tier college, living at home during college, working so much and lower grades I started behind in my career.

My older daughter is way ahead. And guess what cost me $140k out of pocket to make her life better.

And I was not willing to pay Syracuse or American University she did budget it.

My younger daughter also got into pitsburgh with 5k merit and chose Delaware with 16k merit. Her degree maybe cost 150k by done.

My youngest in HS maybe I budget 160k.

So what I drive a 12 year old car and have not been on a vacation  in 5 years. [/quote]

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