Reply to Father of 8 explains why he's not saving for college

Forum Index » College and University Discussion

Reply to "Father of 8 explains why he's not saving for college"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous] I wasn't impressed by this guy, but wanted to say that if you come from a big family with no assets and are smart and capable, you stand a greater chance of colleges offering you need-based scholarships.

I'm one of 7 children who all went to college (and 5 of us to graduate or law school) and my parents didn't pay any of the tuition for any of us, just a bit of pocket change for living expenses (I think I probably got a couple hundred a year from them).  We all took out a few loans but our costs were mostly covered through grants/scholarships  and work-study.

Not recommending that as a college "savings" plan, though.....
[/quote]

6 kids, 4 college (3 advance degrees), 1 CC, 1 no college

The one with no college has his own business and is the most financially successful.
The one that got a full ride to Duke and graduated #1 in his law school is equally as successful as the rest of the UMD graduates who took out student loans. There is no real difference in outcome financially or otherwise.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics