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Reply to "Am I a huge jerk if I don't save for college for my kid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No. My parents helped a little, but mostly I paid for college with loans. No regrets. My parents had modest salaries, paid the bills, and we went on vacation once a year. Had an amazing childhood and a great relationship with my parents. Not mad that they didn't save for me. [/quote] The difference between us is that your parents made "modest salaries", so you had no problem qualifying for financial aid. My parents made a so much that it was very difficult to find a way to get loans. Financial aid is income-sensitive. OP, please consider this. [/quote] PP you quoted. I actually didn't get a lot of aid. I paid $400/month for my loans. I'm not mad about it, it's just a fact of my life. My parents struggled a lot when we were growing up hence not being able to save. However they were making decent income by the time I was in college. Therefore not much aid but also no savings. I know my husband and I will probably be the same as right now we have 2 in daycare, expensive housing costs and are still working our way up in our careers. We really can't save now so it will be make up later or student loans [/quote]
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