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College and University Discussion
Reply to "Make our kids take loans and pay them at the end as surprise, good idea?"
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[quote=Anonymous]I wouldn’t tell them you are broke, that seems manipulative. Won’t the second kid find out when you pay the first one’s off? But DH and I had similar happen to us and it was the best thing. We took out student loans and yes, we were stressed about money and worked hard through college. We both look back and would not change a thing because we learned so much about our work ethic and budgeting. It was okay to struggle to meet ends meet for a while and figure it all out. Our parents couldn’t have paid more than they did. In both of our situations, a different family member stepped in and paid the loans when we graduated. It wasn’t our parents who we lived with as kids. We have thought about being up front with our kids and having them take some subsidized student loans and we will pay when they graduate with a degree. [/quote]
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