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

Forum Index » College and University Discussion

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]We had our kid take out the loan, she pays for books, and we don't provide "pocket" money. Depending on the path taken after graduation, we might pay the loans off for her. At 18, our kids feel like they want to make adult decisions on their own and be treated like an adult, we think they need some adult responsibilities then. Does the 5K really make a dfifference when we are paying over 70K a year? No. This 70k isn't nothiing to us though, we are sacrificing other things (admittedly, wants not needs) to pay it. This is a kid that got multiple full merit offers at solid state and non T25 privates, but wanted an elite education, we feel like she should contribute because of that choice.  
I do think this is why when I send cards with $10 or $20 I get a call with a thank you or a with a pic of what she used the extra cash for. Verses when our friends give monthly and extra money to their kids and it is just seems as if the kids expect it. 
She's working remotely over winter break for the company she worked with the last two summers...including the 2 weeks we are at a ski resort. Kinda silly? Maybe. She set this up on her own with the resasoing that we'll still be working while away, our senior will be churning out essays, so she might as well earn some money instead of sleeping or watching netflix. She is a fortunate kid and all we can do is hope that the choices that we have made (yes, there has been lots of volunteering and donating) help her appreciate what she has, understand the value of a dollar, and give her a work ethic. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics