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College and University Discussion
Reply to "Parents have $0 saved for college, won't qualify for financial aid"
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[quote=Anonymous][quote=Anonymous]A lot of us in other areas grew up with parents who didn’t save anything for college or weren’t willing to help pay. Many still go through this today. DH’s parents didn’t help him with one cent. He went to community college for a bit while living at home but ultimately stopped for a while and worked full time and waited. Then a few years later, when he was independent AND had money saved from working he applied to small colleges as financially independent and got aid, and took out loans. I had loans too, even with some help from my parents and had to work full time in college to help pay. Everyone wants those very expensive schools, my kids do too, but we are big on rate of return only because we worked so hard to put ourselves through school. It’s hard but DH and I both say we wouldn’t change anything because it taught us the value of hard work and money early on. [/quote] Everyone works hard but nowadays no big schools no big jobs therefore no big income. Will you be part of your own kid failure? Parents should support their children education IMO. They never asked to be brought to this world so you should be responsible for supporting them till they are financially independent.[/quote]
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