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Reply to "Who here is regularly supporting their adult children financially?"
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[quote=Anonymous]OP, I’m an immigrant. Came to the U.S. as a foreign student. My parents paid for tuition and housing in college while I worked on campus all other expenses (food, going out, etc.). Once I got my first job a couple of months after graduating ($25,000 a year; this was over 20 years ago), I told them I didn’t need any more financial support. It was such a huge financial undertaking to send me the to US that becoming financially independent asap was all I could think of during college. So honestly, it really depends on your kids and their expectations. I expect to pay tuition and most housing expenses throughout college for my kids now. But I also expect them to work to finance everything else, food, clothes, entertainment, cell phone, etc. They are always welcome to live at home to transition from college or to save for a down payment. Good luck![/quote]
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