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Reply to "Did your parents (step or otherwise) pay for your college? Will you pay for your kids?"
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[quote=Anonymous]I believe strongly in adulthood starting at age 18, so my son will certainly have skin in the game. I'm hoping that we may be able to save enough to cover in-state tuition, but he will need to pursue other funding or scholarships to cover housing and any extras. We are very behind on retirement savings, though, so I don't even know that we can do that much when the time comes. My parents paid what they could for my first 2 years at a private school (about $400/mo on a payment plan) and I earned the rest through scholarships, grants, work-study, and loans. My final two years were free ride merit scholarships. My husband did not go to college and has promised his daughter from a previous marriage that he will pay half of everything (tuition, room, and board) for an in-state college. She has never saved a dime of working through high school and now dropping out of two semesters of community college, so he is now regretting that he diss not prepare her all along to have some skin in the game, too.[/quote]
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