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[quote=Anonymous][quote=Anonymous]Weirdly enough, $400 a month sounds low to me. When I was in college, I started the year off with $3000 from summer jobs and that was sufficient for every year but senior year (when renting a Selectric for a semester to work on my senior thesis busted my budget). As the Selectric reference no doubt suggests, this was a long time ago and in an era where kids didn't have credit cards. Given that I must have spent $300+ a month then and wasn't doing anything extravagant (but wasn't feeling cash-strapped either), I'm guessing the $400 isn't the whole picture. At any rate, I'm wondering whether you're sending kids to school with credit and/or debit cards as well as cash and whether things like textbooks and transportation home come out of the $400 or whether they get put on a card or paid by parents in some other way. The other thing we'll be figuring out is whether we do a lump sum for the school year or per semester vs. monthly or as-needed infusions. Because it was summer earnings, I had the lump sum scenario and I thought it imposed a useful discipline. DH, whose family lived much closer to school and saw him regularly during the year, had kind of random infusions. I think that would have made me crazy, but it didn't bother him.[/quote] I posted earlier that we do $1000 a semester but do pay for books, Greek dues, some clothing, plus when we visit we do Target runs. But both kids are expected to supplement the allowance from us with their summer earnings and on campus work. So their monthly expenses may be more than $400 but that's their problem. We debated whether we should pay for Greek dues but ended up doing it. For better or worse none of the kids in DCs frat/sorority seem to pay their own dues.[/quote]
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