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Reply to "Do you agree or disagree with this: Parents should pay for undergrad tuition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will help out but I will not pay the full ride. They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans. I will also not pay for a car, phone, cable, or insurance. I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them. [/quote] Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.[/quote] You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. [b][u]If they are getting married I suspect they don't have student loans anymore[/u][/b]. If they use it for a rehersal party I will be disappointed.[/quote] This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married? Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare? Have you been paying any attention at all?[/quote] I paid my student loans off before I got married. I waited until I was finacially stable. I did not buy a fancy car. I lived at home and paid the rent there (which sucked). I worked a 2nd job. I did not go to bars and pay $50 bar tabs that I can't even image what they are now. Yes if my kids work, buckle down - I think they will be able to pay their student loans off before they are 30 with a little help - not me paying the full tab. [/quote][/quote]
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