Reply to If Your Parents Paid for College...

Forum Index » Money and Finances

Reply to "If Your Parents Paid for College..."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I absolutely plan to pay for my kids college.   It is an advantage in life to have a college education as well as no student debt.  Because I do not have student debt and a good HHI (thanks to the college degree), I can start saving for my kid's college education from very early in life.  I  can  start saving very early and very nominal amounts - and this money then grows to become a large college fund.

If I do not save early in life for my kid's education, then I will have to save a bigger amount later in life, which I might not be able to.

My DH and I were saving for college for two kids even before we had kids. We are set now.

It is good financial planning and it ensures that subsequent generations are taken care of (for education) and that the parents can start saving small amounts early in life (because they have good jobs and no student debt).

I feel people who have huge student debts and struggling to pay it off are less likely to save for their kids college.

I guess our biology dictates that we give the best chance of succeeding to our offsprings.[/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