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Reply to "SAHMs with no retirement or college savings"
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[quote=Anonymous]This was similar to my family growing up- although my mom went back to work as a paraeducator when I was in middle school and my youngest sibling started ES. She didn’t have a college degree so the type of jobs she worked wouldn’t have made enough money to cover childcare for us, so being a SAHM made sense. I think they somehow thought we’d get a lot of need based aid but my dad made enough that I didn’t get much in terms of grants. I got some merit based scholarships but ended up with a lot of loans. They also encouraged me to apply to private schools as they thought those were more prestigious and I bought into that too. Should have gone to a state school. Anyway, it all worked out but the loans were a constant stress in my 20s/early 30s and I missed out on getting a good jump on retirement savings and travel. [/quote]
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