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Reply to "Why pay all of kids' college?"
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[quote=Anonymous][quote=Anonymous] The expectation that parents will supply most of the money for college perpetuates the belief that education for its own sake is a privilege reserved for students who chose their parents wisely. There needs to be a way for students from middle class backgrounds to aspire to something more than what their parents have in mind for them. That was relevant then and is still relevant today.[/quote] Also in the 1970's universities offered academic scholarships that did not require financial need. Today most all scholarships require documented financial need, based on the parents income and assets. Universities consider it an anathema to offer money to middle class students who don't "need" it. Even if you win a merit based scholarship from an outside organization, the school will deduct the value of that scholarship from your financial aid offer, so you are right back where you started from. So the three ways that a student can attend college today are: 1. Choose wealthy parents who won't mind writing big checks for you to "follow your dreams". 2. Choose poor parents so that you qualify for Pell Grants. 3. Take out loans. Try to choose a major that will allow you to earn enough to get your loans paid off before you retire. Working your way through college with a summer job is all but impossible today so we won't mention that anymore. [/quote]
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