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College and University Discussion
Reply to "Multiple children / paying for college? "
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[quote=Anonymous]This is why the average family in the US has 2 kids, or spaces them 4+ years apart. Part of the problem is that the price of tuition has risen much faster than the purchasing power of minimum wage. When I was in college, tuition for a year at a state university was $1600. Kids who "worked their way through" were largely paying living expenses. It's much more difficult for kids to replace their parent contributions by working now. In addition to the solid advice above (have kids borrow up to 30K, first two years at community college), I would encourage kids to look into campus jobs that pay room and board, like being a resident advisor in a dorm. They can also do this for high school kids in summer school so that they can sock away all of their summer earnings. If your kid is at all inclined toward computers, I would have them get some network administrator certificates (Microsoft etc.). They can earn a relatively high hourly wage fresh out of high school. [/quote]
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