Reply to Did your parents (step or otherwise) pay for your college? Will you pay for your kids?

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[quote=Anonymous]My parents paid for the equivalent of an in state tuition for my private school - plus rent and food. I paid the rest with generous merit scholarships, engineering Co-op jobs that paid $12-16/hr and extended my graduation date by a year, and working 8-16 hr a week during my non co-op semesters (only Junior and Senior years). My during school jobs were always conductive to studying - library, computer lab. I graduated with $18k debt and I think it was just enough that I had the satisfaction and pride of working to pay it off, but it didn't cripple me starting out my adult life.

DH had full parental support through his PhD - he had a stipend, but parents still provided a used car, paid for him to go on family vacations and to fly home for holidays, bought clothes, paid cell phone.

We plan to pay for all of our kids undergrad, but I don't see a need to pay for grad / professional school. All the kids in DH's family got full support and didn't turn out entitled or spoiled. Our financial situation is closer to DH's parents than mine. DH and I often remark how much easier our 30s are because we have substantial savings, no debt, etc. because we had the luck to start out adulthood with paid off cars and little or no loans. [/quote]

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