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College and University Discussion
Reply to "Do your children expect you to pay for grad school?"
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[quote=Anonymous][quote=Anonymous]My parents told us there was x amount for education. My sibling got scholarships for college so was able to have some for grad. I spent a ton on college so had nothing left over for grad. I think college is standard if parents can afford, grad school is usually on own.[/quote] Nothing is "Standard". Families make their own financial decisions and let their kids/young adults know. If you have the money, many parents do pay for grad school. Many tell their kids "There is $Y for you for education. If you spend wisely, there will be enough for grad school, if not, grad school is on you" We have enough to pay for medical/law school if a kid wants to go. It will not affect our financial position, so we will pay for all kids undergrad and graduate school (if they attend). Why saddle your kids with massive debt if you can afford it? [/quote]
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