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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You do what you can, OP. Contrary to public opinion you do not have to pay your child's full tuition throughout college. Not everyone can, not everyone has to. If you support your child in other ways (mainly emotionally, academically, etc) you can work with your child to help get them through college. [b]My parents set aside a small amount of money for my brother, but had none for my sister or I.[/b] I worked my way through college. I want to have a college fund for my kids, but there's no way I can pay the full amount every year so we will have to work together. I will do what I can, they will have to do what they can. [/quote] That is unbelievable.[/quote] PP here. I know. But we were the first women in our family to go to college, they simply didn't expect us to (and this wasn't even that long ago!)[/quote] Why is that unbelievable? My parents could not afford to save or contribute to any of my siblings' educations. Every single one of us attended college, including an Ivy and several top private universities. We worked our way through, and graduated with minimal debt. It can be done. My children have also been told from the start that there is no college savings. We are helping them figure out different possible paths they could take, including dual enrollment/guaranteed transfer, military service, or becoming National Merit Scholars. They all start working when they are 11 or 12 and are saving their earnings. They know to avoid excessive debt at all costs. Their education is their responsibility. I owned my education, and graduated at the top of my class, while working full time. That's how I expect my kids to grow up and become responsible adults.[/quote]
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