Reply to Is anyone not saving to pay for all of their kids' college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

Same. I have graduate school debt and it's awful to have. It's basically paying a second mortgage that lasts through the daycare years and affects your debt to income ratio when buying a house. Terrible to stick your children with that burden when you have the means to save.[/quote]

Sounds you may a bad investment to go to grad school for a degree that doesn't pay you enough to pay off your debt.  You should have picked a better major in college to get you a good job, without having to go to grad school.  That decision is on you, not your parents [/quote]

My parents provided me with enough poverty to get Pell grants through undergrad. Grad school was all on me but luckily I worked for state government for 10 years and my loans are in the process of being forgiven. Not a bad investment even though it was painful at times making low, negative amortization payments and having to move into a smaller house. Great investment for my grad school since they inhaled unlimited federal student loans just to enroll me but too bad for the tax payer I suppose.[/quote]

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