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[quote=Anonymous]Actually, parents need to have a serious discussion about the cost benefits and size of academic loans if needed to go undergrad programs. Even if you can fully find college, it is important to connect college to job options as well as the need for further education beyond a bachelor degree. If there will be loans involved, then do the research ahead of time on payback schedules interest and likely starting salary. If grad or professional Al schools are a goal, help your teen consider wisely in ways to limit. undergrad program debt. Giving your child an overall education on the cost of the dream job/profession, how much you can afford to fund and the student’s options on paying before one ends up in debt is time wise spent. Even talking to a financial or educational consultant on the topic might be worth it for you and your teen. Times have changed as when I was at GWU a semester was $800 and I figure expenses ran about $3,000 s year with flights from Boston. Today a class is likely around $3,000! Rrmember, student loans are not erased in bankruptcy.[/quote]
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