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[quote=Anonymous]i agree that there is something to be learned about the value of money and hard work, but if we have the means, we will absolutely help our children pay for college.  my parents refinanced their house to pay for me to go to college, but I also took on some federal loans and did a part time work study.  it was just enough to make me appreciate it rather than taking the free ride for granted -- the debt was not overburdensome (and i am still paying it since it is such a small amount and so low an interest rate) -- it has not prevented me from doing anything I really want to do.  And I didn't spend all my weekends and evenings working in college when I should have been studying or enjoying the college experience with my friends.  (I only did like 2 short afternoons a week of work study.)  I wouldn't want to deprive my child of that if I had the means.  I am grateful to my parents for taking this approach, and my husband and I are aiming to take a similar approach for our kids (save enough to pay for the lion's share of their education).

My husband's parents didn't have the means to pay for any of his education, and while he learned the value of money, he had in comparison to me what i consider to be a miserable college experience -- waiting tables all weekend while his friends were out.  He didn't have nearly enough time to study.  And he has an enormous amount of student loans that very much dictated the decisions he made in life (took the safe/nonrisky career route and he wanted to make a career switch but felt he couldn't because he would have to start from scratch and give up a job that enabled him to pay off his debt).  [/quote]

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