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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]I disagree. This concept is quite new, and has contributed to the college bubble. We have always been frank with our children that we cannot afford to help them, so their decisions will include considerations of cost. And we eternally emphasize that they are to avoid debt strenuously. This is the message I heard, my parents heard, my grandparents heard. Almost everyone in my large, extended family figured out a way. Our children will, too. They start taking AP exams and dual enrollment courses as soon as they hit high school. There are lots of creative options, including the military.[/quote] You can't afford it. My family has been able to afford it for 4 generations now. Totally different situation. You really think with an HHI of $400K we shouldn't pay the bulk of our kids' college education? What do you think is a better use of the money? We already have more than a million saved just for retirement and additional taxable savings beyond that.[/quote]
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