Reply to What's your HHI and how deferential are you to your DC in school selection?

Forum Index » College and University Discussion

Reply to "What's your HHI and how deferential are you to your DC in school selection?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]

1. What's your HHI?  Upper 6 figures.

2. Are you paying the tuition or are the grandparents helping out (did someone leave money for this purpose)?  We are.

3. Scholarships or financial aid?  No.

4. Did you set any financial guidelines RE: school selection? If so, what were they?  Not really -- has to be worth the money in the sense of having very strong academics in DC's likely field(s).  No party schools or finishing schools.

5. Will you give your kid a monthly allowance?  Yes or maybe a lump sum each semester.

6. Do you expect your kid to have a PT gig during school (and over the summer)?   No, but do assume DC will do internships/research related to future career.  So choices will be based on experience rather than income generation.

Also plan to contribute to grad/professional school expenses, so DC starts off debt-free.  We expect DC to be self-supporting post-education but want to create a situation where DC can choose a career based primarily on interest rather than income.  It really sucks that college costs (and admissions requirements at the best state schools) have gotten so daunting that it's a luxury to be able to do that now.  A generation ago, my parents were able to do that for three kids, even after having put themselves through college by working days and studying nights.  On their income today, I think all three would end up leaving school with mortgage-level college debt, even after having chosen colleges based on cost.
[/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